Neighborhood Development Alliance Homebuyer Education
Before you buy your first home, NeDA Home Ownership Advisors can work with you to determine your financial readiness. We work with you to create a budget, review credit history and determine affordability.
NeDA's Home Stretch Workshop
If you are a first time homebuyer or it has been more than three years since you owned a home, please register for a Home Stretch workshop. DON’T get trapped with the wrong mortgage product, understand the documents you are signing, be prepared with the right questions when you are ready to meet with a lender or Realtor. The Home Stretch workshops will help you understand the in and outs of buying a home.
We will help guide you through the process of understanding topics such as: how to qualify for mortgages, budgeting, where to find down-payment assistance funds, working with a realtor, home inspections, home maintenance, and foreclosure prevention.
We invite professionals from the housing industry to assist us with the workshops. This is a great opportunity to ask questions directly to: lenders, Realtors, and home inspectors. NeDA’s housing staff is available throughout the sessions to answer any questions you may have or to schedule a one-on-one counseling session.
The homebuyer education workshop series are 9 hours and the customer must complete the series in order to receive a completion certificate. Completion certificates are usually required by lenders who offer down payment and or closing cost assistance to first time home buyers. Each household receives a workshop manual.
There is a $35.00 fee for the workshop. We believe this is a small and wise investment which will prepare and inform you for long-term home ownership.
For more information
To register for a workshop or for more information, contact the Neighborhood Development Alliance (NeDA) at 651-292-0131.