Homebuyer education and counseling, known as the Home Stretch Program, is coordinated by the Minnesota Home Ownership Center and delivered by local, non-profit, community based organizations throughout Minnesota. Home Stretch is a proactive approach to educating people about the home buying process so they can avoid common mistakes and predatory lending.
Home Stretch's eight-hour workshops cover topics on:
- Credit and budgeting
- Qualifying for a loan
- Special loan programs
- Shopping for a new home
- Home inspections
- Maintaining your home
- Successful home ownership
Often times lenders (including those participating in the CityLiving Mortgage Program
) require homebuyers to attend Home Stretch before closing on the mortgage loan.
Find a Home Stretch Workshop