Want to buy a home and don’t know where to begin? NHS Lehigh Valley offers an eight (8) hour First-time Homebuyer Education Workshop that allows interested first-time homebuyers the opportunity to understand the steps in the homebuying process. A PHFA participating lender and a local realtor will present valuable information and are available to answer your questions.
Homebuyer Education Topics Include:
Advantages and Disadvantages of Homeownership
Budget Planning and Record Keeping
Loan Application Process
Closing the Real Estate Transaction
Fair Housing Practices
Families who complete the First-time Homebuyer Education Workshop can receive guidance in applying for downpayment assistance. There are special programs at the local, state and federal level which provide loans to qualified families to help them purchase a home. These funds can be applied toward your closing costs or to your down payment to lower your monthly payments and make them more affordable.