FIRST-TIME HOMEBUYERS’ EDUCATION WORKSHOP
Purpose: The program is designed to introduce the important step towards the dream of many Americans…HOMEOWNERSHIP. Each module outline a clear and comprehensive approach on owning a home; as well as the responsibilities related to homeownership.
Workshop Location (North):
Antioch MBC of Miami Gardens (Overflow Rm)
Workshop Location (South):
SBC Fellowship Hall
Listed below are the topics and belief descriptions for the “Road of the American Dream.”
Managing Your Money
Specifically how to get started with a spending plan, consumer tips on savings and goal setting
- Discuss the importance of using credit wisely, and the importance of credit, how to improve credit score and understanding your credit report
Understanding Credit
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Obtaining a Mortgage Loan
- Discuss and explain the various types of mortgages and its’ qualification thresholds)
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Shopping for a Home
- Discuss and identify the homebuyer team, contracts and the role of the Real Estate Agent
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Protecting your Investment
- This section is designed to help you take care of your home and the finances involved in making your home safe and efficient. Tips on re-financing and if you can not make mortgage payment/potential financial hardship
