This class will help future homebuyers understand what banks require when analyzing the creditworthiness of borrowers. We will perform an in depth review of what a credit score is and how to improve it. We will review lender requirements regarding income, and we will discuss lenders? rules regarding assets and savings, which every homebuyer needs to understand to prepare to buy property. We will review the loan application in its entirety so as to understand why the lenders ask what they ask. This class will prepare the future homebuyer by outlining exactly what the lenders require for a loan official pre-approval.
At this class you will learn more about:
I. Your Credit Report and How to Improve It
II. What Documentation You Need To Provide Regarding Your Income
III. What Assets You Need or How Much You Will Have to Save to Purchase Property
IV. What Loan Applications Look Like
V. What Information Lenders Will Need and Why
Monica Di Perna has 10 years experience in home and commercial financing as a mortgage consultant, mortgage analyst, and real estate manager, with additional experience in the banking industry. She has a Bachelor?s degrees in economics and political science from U.C. Santa Cruz, and an M.B.A. from San Jose State University, where her thesis, Financial Planners for Women was recognized as best graduating M.B.A. thesis. She has over eight years of experience offering first-time homebuyers workshops.
She will be inviting a guest Realtor during her class who will provide insight into our SF market!
Admission: There is a $20 recommended donation to The Center, however no one will be turned away for lack of funds. Call today to reserve your place. Space is limited!
RSVP @ 415.865.5515
The Center Proudly Presents: The Asset Building Series
The Asset Building Series encourages LGBT individuals to become more self-sufficient by accumulating savings to make long-term investments in housing, in higher education and training, in business, and to prepare for retirement. For further information about this or any of The Center?s Economic Empowerment Programs, call 415.865.5515 or e-mail Ken Stram at [email protected].
Added by lgbtequity on December 1, 2004