MADISON, Wisc., May 6, 2015 /PRNewswire-USNewswire/ -- Three area nonprofits, GreenPath Debt Solutions, Buyers Round Table of Dane County and Project Home, will team up for free two-night Home Buyer Education Class on May 12 and 19, in Madison.
"The class is for first time homebuyers, particularly those who qualify for various down payment assistance programs," said Ellen Bernards, GreenPath education specialist. "It will help participants prepare for homeownership, assist them in budgeting and planning appropriately, and help them understand the mortgage application and approval process. Past attendees have consistently stated that they were much better prepared for, and comfortable with, the home buying process after attending class."
The class features practitioners in lending, real estate, insurance, home inspection and debt management. Classroom time totals seven hours over two consecutive Tuesdays. A one-hour GreenPath counseling session is also required, either by telephone or in person, per National Industry Standards.
May 12 will cover credit, money management, down payment assistance programs and lending.
May 19 will feature realtors, home inspectors, insurance agents and closing experts.
HOME BUYER EDUCATION CLASS SPECIFICS
What: Home Buyer Education Classes (meets requirements for all down payment assistance programs)
When: Tuesday, May 12 and 19, 2015 from 6 pm to 9:30 pm*
Where: Project Home's Training Center, 1970 S. Stoughton Road, Madison, WI 53713
Registration: Call Michelle at Project Home 608-246-3737 Ext. 2000 or email MichelleK@ProjectHomeWI.org .
For more information: Ellen Bernards, HomeBuyerWI@GreenPath.com or call 608-576-8658.
Classes are free although one downpayment program does include a contribution to the housing counseling agency as part of the loan proceeds.
Home Buyers Round Table of Dane County (HBRT) provides funding and content experts for this program. If you'd like more information about HBRT, please visit www.homebuyersroundtable.org .
About GreenPath Debt Solutions
GreenPath Debt Solutions is a nationwide, non-profit financial counseling and education organization that assists consumers with credit card debt, housing debt, student loan debt and bankruptcy concerns. Their customized services and attainable solutions have been helping people achieve their financial goals since 1961.
Headquartered in Farmington Hills, Michigan, GreenPath operates more than 60 branch offices in 16 states. GreenPath also delivers licensed services throughout the United States over the Internet and telephone.
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