Homebuyer Education
Please contact us at 773-262-2290 Ext 14 or online to sign up for one of our educational sessions.
First Time Homebuyer Workshop Schedule
To sign up for a Free workshop click on the Get Started link on the top of the website.Date | Time | Sponsor | Location |
October 27, 2018 | Sat: 9am – 5pm | BBMC Mortgage | NCDC 1530 West Morse Avenue, Chicago |
November 3, 2018 | Sat: 9am – 5pm | TBD | NCDC 1530 West Morse Avenue, Chicago |
November 17, 2018 | Sat: 9am – 5pm | BBMC Mortgage | NCDC 1530 West Morse Avenue, Chicago |
December 1, 2018 | Sat: 9am – 5pm | TBD | NCDC 1530 West Morse Avenue, Chicago |
December 15, 2018 | Sat: 9am – 5pm | BBMC Mortgage | NCDC 1530 West Morse Avenue, Chicago |
NCDC offers a course for first time buyers covering topics of budgeting, credit, shopping for a home, purchase contracts, mortgage comparison, real estate professionals, closing, property taxes, refinancing, and assistance programs available in the Chicago region. All participants are awarded a certificate of completion which is needed to qualify for Chicago's first time homebuyer programs as well as conventional mortgage products designed for first time buyers.
(8-hour session)
We also offer our First Time Homebuyer Course online through ehome America, To sign up visit http://www.ehomeamerica.org/ncdc
Condo Training
For many households buying a condo is a great way to enter the housing market, invest in a community, or adjust after a change in family size. In many neighborhoods condos are the most affordable home ownership option. This Condo Training was developed by NCDC to address this population and help walk condo buyers through the specifics of Illinois condo rules. Topics discussed include legal requirements of associations, turnover of books by the developer, duties of the board of directors, assessments, annual budget, and rights and responsibilities of owners.(2-hour session)
Credit Counseling
For many people their credit score is the largest barrier to home-ownership. As lenders are implementing stricter guidelines in lending money to potential buyers. NCDC can help by meeting with clients one-on-one to go over budgets, determine mortgage pre-qualification amount, pull credit, and offer individualized credit counseling for free.(2-hour session)
Financial Literacy
The NCDC Financial Literacy program focuses on the topics of Budgeting and Saving, Banking, Building Credit, Credit Cards, Consumer and Installment Loans. By focusing on these topics NCDC provides education to help community members begin to understand the complex American financial system.(2-hour session)
Post-Purchase Workshops
NCDC offers Post-Purchase workshops that focus on the topics of Budgeting and Saving, Energy Efficiency, Home Maintenance and Repairs, Home Equity Loans, and other topics. By focusing on these topics NCDC provides education to help community members have enjoyable and sustainable homeownership experiences.(2-hour session)