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Photo by Casey Serin

Owning a home, rather than renting housing, is an investment in the community that benefits the entire area. Has homebuying seemed an impossible dream?  Think again.

Mary McMath and Sherry Draine of the Saginaw County Community Action Committee want to help turn dreams into reality. They will offer another round of Homeownership Counseling Sessions beginning in January, 2011.

New Homebuyer Education sessions will cover: Is homeownership for everyone? What are mortgage programs and processes? Counseling services include understanding the mortgage loan, the loan closing process, budgeting, saving as a homeowner, recapture tax, basic home maintenance, avoiding predatory lending and preventing foreclosure. Learn about MSHDA below-market, fixed rate loans with 30-year terms. Find out about FHA, VA and Rural Development Loans. Borrowers must attend a homebuyer education class to be eligible for MSHDA 97 percent loan-to-value conventional loans.

CAC counseling services are provided free of charge to eligible applicants. Classes will be held on Thursdays from 5pm – 7pm at Saginaw County Community Action Committee, Inc. (CAC), 2824 Perkins Street, Saginaw, MI  48601. Call 989-753-7741 for reservations. 

January 6, 13, 20, 27, 2011
March 10, 17, 24, 31, 2011
May 5, 12, 19, 26, 2011
July 7, 14, 21, 28, 2011
September 8, 15, 22, 29, 2011
November 3, 10, 17, 24, 2011