If you are looking to purchase your first home, now is the time to participate in Home Stretch.
Home Stretch is a first-time homebuyer workshop that takes participants through the entire home buying process. In one day, you will learn about credit, qualifying for a mortgage, shopping for a home, the closing process, basic home maintenance, and affordable mortgage products that may be available to first-time homebuyers.
Some affordable mortgage products, government loans, and down payment and closing cost assistance programs may require a buyer to receive a Home Stretch certificate.
Homebuyer education is also offered as an online course. Framework is a new online tool to prepare you for successful homeownership. Framework will provide you with the facts you need to become a knowledgeable buyer. Many lenders have approved Framework to meet homebuyer education requirements. The registration link can be found at www.cmhp.net.
The next workshop will be offered in Cambridge on Friday, Aug. 16 from 8:30 a.m. to 5:30 p.m. at Minnco Credit Union. Registration is required, and participants will receive a completion certificate at the end of the workshop. To register for the Home Stretch workshop or online Framework course, contact Trista at 320-258-0681 and visit www.cmhp.net for more information.
Pre-purchase counseling is also available by appointment and is strongly recommended prior to taking Home Stretch. This is a free service to anyone who wants to speak with a certified homeownership counselor about their financial situation prior to buying a home.
Central Minnesota Housing Partnership, a non-profit organization providing affordable housing services to the central region of Minnesota, coordinates the Home Stretch workshop.