Homebuyer education workshop comes to Cambridge

Central Minnesota Housing Partnership (CMHP) is providing Home Stretch, a homebuyer education workshop, in Cambridge on Monday, June 20, from 8:30 a.m. to 5:30 p.m. at the Minnco Credit Union Center. This is a one-day, all day workshop. Registration is required.

Pre-purchase counseling is also available by appointment. This is a free service to anyone who wants to talk with a certified homeownership counselor about their personal situation pertaining to buying a home.

You have the opportunity to free yourself from some of the complications and stress of buying a home by participating in a Home Stretch Workshop. In one day you will learn about qualifying for a mortgage, financing a home, budget and credit issues, real estate, the closing process, basic home maintenance and affordable mortgage products that may be available to first-time homebuyers.

Central Minnesota Housing Partnership (CMHP), a non-profit organization providing affordable housing services to the central region of Minnesota, coordinates the Home Stretch workshop.  Community lenders, Realtors and other housing professionals volunteer their time to bring first-time homebuyers the most important and current information about the home buying process.

“It’s a great time to be a first-time homebuyer,” said Stacy Esboldt, Program Coordinator for CMHP.  “There are so many opportunities out there for homebuyers at the moment and Home Stretch will provide the needed information a first-time homebuyer should know before beginning the process.”

Some affordable mortgage products, first-time homebuyer products and government loans may require a buyer to receive a Home Stretch certificate.

“Pre-purchase Counseling and Home Stretch are the best “first-steps” in the home buying process,” said Esboldt. “Buying a home is usually the largest investment an individual/family will make in their lifetime. The more educated a person is on the homebuying process, the better decisions they will make about this large investment.”

There is a $25 fee per household to participate in Home Stretch and registration is required. To register for the Cambridge Home Stretch workshop in June or set up a free one-on-one pre-purchase counseling session, contact Stacy Esboldt at Central Minnesota Housing Partnership, 320-259-0393.