Financing the Dream of Homeownership
Did you know over half of all renters in California thought you needed at least 20% down to purchase a home (C.A.R. 2019 Renter’s Survey)?
The reality is there are programs available that enable a purchase with much lower down payments. This program brings relevant information to our members about credit scores, financial planning, leveraging down payment resources, and options for low to moderate-income earners so that we can educate our buyers. The CALIFORNIA ASSOCIATION OF REALTORS® supports RESPONSIBLE homeownership.
The STEPS Toward Homeownership program has been cut down into digestible sections providing resources for REALTORS® to educate renters, prospective first-time homebuyers, clients who have had a prior foreclosure or short sale, and Baby Boomers interested in helping their children or grandchildren become responsible homeowners. Experts will share philosophies on:
- Strategies for Financial Health
- Trends in the Economic Environment
- Engaging in the Process
- Products for Success
- Support from Beginning to End
What’s in it for me?
Attendees will acquire financial literacy knowledge and strategies to bolster their referral pipelines in the local community and help prospective buyers with financing expectations, down payment assistance options, and FHA vs. conventional loan programs. In addition, we have also focused on the REALTOR® view to give a reasonable understanding of how to stay involved, without taking on additional roles.
