Tired of Renting? Want to buy a home? Confused about where to begin? NHS Lehigh Valley offers an eight (8) hour First-time Homebuyer Education Workshop that allows interested first-time home-buyers the opportunity to understand the steps in the home-buying process. A PHFA participating lender and a local realtor will present valuable information and are available to answer your questions. An Educated home-buyer is a successful Home-Owner!
Home-buyer Education Topics Include:
Advantages and Disadvantages of Home-ownership
Budget Planning and Record Keeping
Loan Application Process
Closing the Real Estate Transaction
Fair Housing Practices
Families who complete the First-time Home-buyer Education Workshop can receive guidance in applying for down-payment 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.