For more information:
Andrew K. Johnson
Communications Manager/GreenPath Financial Wellness
First-Time Home Buyer Classes Offered in Madison, WI - March 10 and 17 or March 21
(MADISON, WI – March 5, 2015) Three area nonprofits, GreenPath Financial Wellness, Buyers Round Table of Dane County and Project Home, will team up for a two-night Home Buyer Education Class on March 10 and 17 in Madison, or a one-day version on Saturday, March 21.
“The spring home-buying season is nearly here, and this class is for first time homebuyers, particularly those who qualify for various down payment assistance programs,” said Ellen Bernards, GreenPath education specialist.
“It will help participants prepare for homeownership, assist them in budgeting and planning, and help them understand the mortgage application and approval process.” She also noted that one of the major down payment assistance funding sources will become available again in mid-March.
The class features practitioners in lending, real estate, insurance, home inspection and debt management. Classroom time totals seven hours over two consecutive Tuesdays. A one-hour GreenPath counseling session is also required for those applying for down payment assistance programs, per National Industry Standards.
March 10 will cover credit, money management, down payment assistance programs and lending.
March 17 will feature realtors, home inspectors, insurance agents and closing experts.
March 21 will combine the March 10 and 17 content into one full day class.
HOME BUYER EDUCATION CLASS SPECIFICS
What: Home Buyer Education Classes (meets requirements for all down payment assistance programs)
When: Tuesday, March 10 and 17, 2015 from 6 pm to 9:30 pm* OR Saturday, March 21 from
8:30 am to 4 pm*
Where: Project Home’s Training Center, 1970 S. Stoughton Road, Madison, WI 53713
Registration: Call Michelle at Project Home 608-246-3737 Ext. 2000 or MichelleK@ProjectHomeWI.org.
For more information: HomeBuyerWI@GreenPath.com or call 608-576-8658.
Home Buyers Round Table of Dane County (HBRT) provides funding and content experts for this program. If you’d like more information about HBRT, please visit www.homebuyersroundtable.org.
*To receive a Pre-Purchase HUD certificate, borrowers must complete both classes and a pre-purchase counseling session with a GreenPath housing counselor either by telephone or in person at GreenPath’s Madison office at 725 Heartland Trail, off Old Sauk Road.
GreenPath Financial Wellness is a nationwide, non-profit financial organization that assists consumers with credit card debt, housing debt, student loan debt and bankruptcy concerns. Their customized services and attainable solutions have been helping people achieve their financial goals since 1961. Headquartered in Farmington Hills, Michigan, GreenPath operates more than 60 branch offices in Michigan, New York, Texas, Wisconsin, Illinois, Colorado, Florida, Georgia, Nebraska, Indiana, Iowa, New Hampshire, Arizona, Wyoming, Ohio and Massachusetts. GreenPath also delivers licensed services throughout the United States over the Internet and telephone. GreenPath is a member of the National Foundation for Credit Counseling (NFCC), the Association of Independent Consumer Credit Counseling Agencies and is accredited by the Council on Accreditation (COA). For more information, visit www.greenpath.com.