Tricounty News

Home Stretch, one step closer to homeownership



Central Minnesota Housing Partnership is providing Home Stretch, a homebuyer education workshop, in St. Cloud from 8 a.m.-5 p.m. Wednesday, Aug. 31, at Liberty Savings Bank (111 7th Avenue South).

You have the opportunity to free yourself from some of the complications and stress in buying a home by participating in a Home Stretch Workshop offered by Central Minnesota Housing Partnership. By participating in this class, you will learn about qualifying for a mortgage and financing a home, budget and credit issues, real estate, the closing process, basic home maintenance and affordable mortgage products that may be available to first-time homebuyers.

Central Minnesota Housing Partnership, a non-profit organization providing affordable housing services to the central region of Minnesota, coordinates the Home Stretch workshop. Community lenders, Realtors, title companies, home inspectors and other housing professionals volunteer their time to bring first-time homebuyers the most important and current information about the home buying process.

"It's a great time to be a first-time homebuyer," said Deanna Hemmesch, Community Development Director for CMHP. "There are so many opportunities out there for homebuyers at the moment and Home Stretch will provide the needed information a first-time homebuyer should know before beginning the process."

Some affordable mortgage products, first-time homebuyer products and government loans may require a buyer to receive a Home Stretch certificate.

"Home Stretch and pre-purchase counseling are the best "first-steps" in the homebuying process," said Hemmesch. "Buying a home is usually the largest investment an individual or family will make in their lifetime. The more educated a person is on the homebuying process, the better decisions they will make about this large investment."

There is a $25 fee per household to participate in Home Stretch and registration is required. To register for the St. Cloud one-day workshop in August, please contact Central Minnesota Housing Partnership at (320) 259-0393.