Posted Wednesday, February 4, 2009 --- 11:45 a.m.
The Dane County Housing Authority (DCHA) is hosting a free seminar for prospective first time homebuyers on Wednesday, February 18, from 6:30 to 7:30 pm. at the Sun Prairie Community Building, 2598 W. Main St. Sun Prairie.
The Dane County Housing Authority partners with industry professionals in the provision of pre and post purchase homeownership education annually hosting 16 first time buyer courses and partnering with Project Home to offer post-purchases courses ranging from Weatherizing Your Home to Managing Money Once in the Home. DCHA will discuss how to become mortgage-ready and down payment programs. DCHA has also enlisted Steve Baumann of Fairway Independent Mortgage to share his mortgage lending expertise.
“With interest rates at their lowest levels in 20 years, it is a lot easier today to qualify for your first home purchase,” says Baumann. “People have not yet become fully aware of just how simple it is to qualify, and how affordable homes are today.”
Those who call first to register, and then attend the seminar will receive a free, confidential credit analysis. “By the end of the seminar, people should have a pretty good idea whether they can qualify for a home mortgage, and if so, for how much,” says Baumann. “We will also explain the steps in obtaining mortgage financing, and we will offer suggestions as to the things you should look for when you shop for a home.”
Reservations are suggested to ensure a seat in the seminar, and can be made by calling 800-935-5979 ext. 199.