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Tenfold - Homebuyer Program

308 East King Street, Lancaster, PA 17602

Eligibility

First-time homebuyer education classes are open to anyone interested in learning about the homebuying process; must meet eligibility requirements for down payment and closing cost assistance. Pre-purchase counseling and/or education is a requirement of the program

Hours

Office: Monday through Friday, 8:30am to 4:30pm

Application process

Telephone, website

Fees

Non-refundable tuition fee-$55 due at registration for each person expected to complete the in person course. For eHome Web base learning the Non-refundable fee is $100 for each person.

Service area

Lancaster, PA

Description

Provides classroom training and eligible participants may qualify for a down payment and closing cost loan to purchase their first home. Their in-person or Web base Classes are offered in both English and Spanish. Visit their website or call for a schedule. Classes are provided in their in-person and eHome web base platform. The classes include the following topics: - Making the home purchase decision - Your credit report and what it means - What lenders expect from borrowers - Understanding real estate terms - Roles of the real estate agent - Finding a home you can afford - Financial planning and money management - Maintaining your new home - Predatory lending Provides web learning platform called eHome America for convenience to their clients. Classes are offered in English and Spanish Eligible participants may also qualify for a Home Buyer Loan for closing costs: - CHB Loans at 0% interest with no monthly payments - Repayment is due on sale or refinancing of the home or if the home is no longer the buyer's primary residence - Funds are subject to availability

Providing organization

Tenfold

A non-profit housing and consumer credit counseling organization with a mission to rebuild communities by helping families find housing and financial solutions.