How to buy a home with Newtown
Newtown will help you every step of the way through the homebuying process:
- Education and individual counseling to help you make smart decisions
- Help resolve credit issues and reduce debt
- Acquire savings and get down payment assistance
- Get a good loan and the best interest rate
- Decide if a Community Land Trust home is the best choice for you
- Choose a realtor and find a home
Follow the steps below to get help with one of the biggest and most important purchases of your life.
Step 1: Attend two free workshops
- Money Smarts for Homeownership (orientation)
- Homebuyer Education
Step 2: Complete / submit an application packet
- The application packet is provided after you have attended both of the workshops listed above
Step 3: Newtown reviews your application - schedules enrollment appointment
- After reviewing your application, Newtown will call you to schedule a one-on-one enrollment appointment
- Review income and eligibility documentation
- Review credit report and credit scores
- Develop individualized homebuyer action plan
- Issue letter to open IDA savings
Step 4: Complete your individualized homebuyer action plan
- Resolve any credit issues
- Complete IDA savings
- Apply for available down payment assistance
- Get approved for a loan
- Buy a home!
Get started today! Sign up for the Money Smarts for Homeownership Workshop and the Homebuyer Education Class.
Click here for Money Smarts Orientation
Click here for Homebuyer Education