NOTE: This workshop will be conducted in English and Creole.
This workshop is geared toward first time home buyers who want to learn about the advantages and disadvantages of home ownership. The instructors will review the following topics:
A free two (2) part financial education class.
Part I: Pay Yourself First
Part II: Basic Banking Orientation
Spaces are limited MUST register for both classes early
What are the benefits and risks of owning a home? Calculate how much house you can afford and how much you need to save in order to buy. Gain insight into what lenders look for during the mortgage application process and review the types of loan available. Other topics to be addressed are: the financial impact of buying vs. renting; historical home prices and real estate fluctuation; and, how much of a down payment you will need.