January 16 - March 20, 2025
How to Finance a Home: Introduction to the Mortgage Process
Environmental Center • 1731 S. York Street Mechanicsburg, PA 17055 Organized by Mechanicsburg Area Recreation
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About this event
Description
This program will enable you to better plan for your home purchase and to confidently engage with any mortgage lender. We will cover the three C's of qualifying for a mortgage; Credit, Capacity, and Capital. An overview of the home buying process will be discussed including a typical timeline. We will discuss key items, such as qualifying credit scores, different types of programs and options for closing cost assistance money. You will be introduced to important terms such as Debt-to-Income ratio, Mortgage Insurance, Closing Costs, Down Payment, Escrow, etc. NMLS#1772000
Sub-Activities
Age and Gender
Ages 18-255 · Co-Ed