Beginning in September 2018, Germantown United CDC (GU) will increase its work around affordable housing and homeownership. We are committed to bringing new housing counseling services to the neighborhood, and connecting residents with existing resources in Germantown and nearby, including pre-purchase and home-ownership counseling, foreclosure prevention, anti-predatory lending education, financial counseling, and a renter assistance referral system.
GU now offers a FREE monthly First-time Homebuyer workshop in through a partnership with Mt. Airy CDC. The first workshop is scheduled for Tuesday, September 11 at 5:30pm at GU’s office, located at 5320 Germantown Ave (at the corner of W Penn St).
In this three-hour workshop, our experienced and HUD-certified housing counseling staff will cover:
- How to improve your credit scores and prepare a spending plan
- The mortgage lending process
- What’s in a sales agreement
- Inspections, insurance, and why you need them
- Available assistance for down payment and closing costs