Buying Your 1st Home? Tip #5

7 Tips In 7 Days... Step 5: "Apply for a mortgage loan. Once you choose a lender and a loan program, you will complete a formal application at the lender’s office. Because houses are so expensive, most people need a loan to buy one. This type of loan is called a mortgage. Getting a mortgage for such a large amount of money is more complicated than applying for a credit card or borrowing money for a car." NeighborWorks® Columbus provides an I.D.A. (Individual Development Account) to First Time Homebuyers in Columbus, Georgia. NeighborWorks® Columbus' Opelika HomeOwnership® Center offers down payment assistance through a partnership with the City of Opelika's Community Development Department by providing credit rebuilding, homebuyer’s education and counseling. Stop by or give us a call today at either of our two convenient locations in Georgia and Alabama.

NeighborWorks® Columbus                      Opelika HomeOwnership® Center
18 Eleventh Street                                            605 Second Avenue
Columbus, GA 31901                                      Opelika, AL 36801
(706) 324-HOME (4663)                                 (334) 749-1216

Resource: http://www.keystomyhome.org/find/homebuying/index.asp and www.nwcolumbus.org