NAACP Lakeland Chapter and Keystone Challenge Fund Partner to Empower Lakeland’s Homebuyers
LAKELAND, Fla. – As the cost of renting continues to soar, many are turning to home ownership as an affordable option. In 2014, rent costs increased by 4.9 percent nationwide according to a new report from Zillow. Some experts predict the current housing situation will push more renters pursue homeownership. Low mortgage rates and Fannie Mae and Freddie Mac’s new low down payment loans are contributing to the already attractive housing market.
In Polk County, the NAACP Lakeland Chapter and Keystone Challenge Fund are assisting homebuyers by offering a free homebuyer education course on May 9 from 9 a.m. to 3 p.m. at the Coleman Bush Building in Lakeland.
“We are overjoyed to work with NAACP to serve Polk County’s homebuyers,” says President and Executive Director, Jeff Bagwell. “Together, we have the opportunity to close the gap for people who want to become a homeowner but don’t know where to start. There is a lot to know before buying a home including the type of assistance that is available”
The homebuyer education class is free and advance registration is recommended as space does fill up quickly. The topics that will be covered include:
- The pros and cons of homeownership
- How to manage your finances to afford a home
- How to qualify for mortgage financing
- Resolving credit problems
- Working with Realtors, sellers and builders
- Maintaining your home after purchase
Since 1991, nearly 20,000 people have attended a Keystone homebuyer education course. To register for the course, please call (863) 682-1025 or email [email protected]ge.org. The location is Coleman Bush Building, 1104 Martin Luther King Jr. Ave., Lakeland.