Urban Edge’s first-time homebuyer education provides participants with a thorough understanding of the home purchasing process, including an introduction to the mortgage process, understanding credit standards, conventional lending criteria and preparing for the loan closing.
The interactive workshops involve detailed presentations from industry professionals including a home inspector, real estate broker, lending officer, real estate lawyer, home insurance agent, and fair housing specialist. If homebuyers attend 8 hours of class time, they earn a certificate that gives access to specialized mortgage products and other benefits and discounts, including additional training.
For example, Urban Edge also provides pre-purchase counseling for buyers of 2- and 3-family properties through the Metropolitan Housing Partnership. Post-Purchase Training provides new homeowners with information intended to ensure long-term protection of the new home and to help new owners make the transition from renter to homeowner.
Urban Edge has educated and helped almost 3,000 families purchase homes since 1995. In 2017, 613 people have graduated from the First-Time Homebuyer workshop with 152 becoming homeowners.
For additional information, please call Ginny Gilmartin at (617) 989-9327 or email firstname.lastname@example.org.