In the state of Minnesota, first time home buyers, current homeowners, and repeat home buyers are all potentially eligible for government assistance...
Minneapolis, MN (PRWEB) January 05, 2015
Buying a home is perhaps the first step to building a stronger community. Homeowners are more apt to contribute to neighborhood engagement, support local business, and be active within their schools. With that in mind, the Minnesota legislature has banded together to make transitioning from renter to first time home buyer easier. Seventy percent of United States citizens are unaware that there are first time home buyer and other home payment assistance programs provided by the government, according the second annual America at Homesurvey commissioned by NeighborWorks America.
In the state of Minnesota, first time home buyers, current homeowners, and repeat home buyers are all potentially eligible for government assistance according to mnhousing.gov. One of the requirements is that the first time home buyer must attend a homebuyer education class; this is where 1st Home Network comes into play. 1st Home Network is a member of the MN Ownership Center’s network of educators that provide the required educational requirement for first time home buyers in Minnesota. The class is meant to educate, as well as give access to down payment and closing cost mortgage loan assistance. Classes are offered on certain Saturdays at St. Catherine’s University in St. Paul.
Purchasing a home is one of the biggest financial decisions to be made. Obtaining a mortgage or finding down payment assistance, as well as improving credit before purchasing a home, can be challenging. 1st Home Network can help provide this knowledge to prospective first time home buyers.
Read more on the Loan Assistance Program on http://www.mnhousing.gov and 1st Home Network's Home Stretch Class for first time home buyers by visiting this link: