On this edition of The Community…

We’re talking about dreams…but not just any kind of dream…the one within your reach – and that’s home ownership.

Your pathway to getting there may be closer than you think.

Many of you know St. Louis Community Credit Union for great car loans. But now, you can call on us for home loans. Today we will discuss home ownership and the overall loan process.

Dorothy Bell, SVP & Chief Marketing Officer of St. Louis Community Credit Union with Terrence Rogers, VP of Mortgage Lending for Carrollton Bank.

In this episode:
•How does the home loan process work?
•What do lenders look for in a mortgage loan application?
•What types of questions should prospective home buyers ask a lender?
•How do we actually prepare ourselves for buying a home?
•What is the difference between Conventional and FHA loans? What are the benefits of both?
•What kinds of down payment assistance programs are available for those who need it?
•Where can we go for home loan information?
•When are upcoming homebuyers education events scheduled?

Learn how to get your piece of the pie! Use this information to get into your home. We all deserve that chance. We at St. Louis Community Credit Union firmly believe that is part of our overall giveback to the community.

Terrance conducts events on a regular basis:

August 12th at Kingdom House
Aug 26th at the CU Excel center

The CU Excel Center is located at 95 North Oaks Plaza, St. Louis, MO 63121, nestled in the northeast corner of the North Oaks Shopping Plaza (intersection of Natural Bridge and Lucas and Hunt).

For more information or to sign up for a class, call our Financial Literacy Hotline at (314) 385-1586, or send an e-mail to center@stlouiscommunity.com