To sign up for one of our educational sessions and to schedule the one-on-one appointment please contact us by going on online or calling 773-262-2290
First Time Homebuyer Workshop Schedule
Date | Time | Sponsor | Location | |
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October 5, 2024 | Sat: 9am - 3pm | TBD |
NCDC staff for the link for the workshop |
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October 12, 2024 | Sat: 9am - 3pm | TBD |
Once you have installed the program, contact an NCDC staff for the link for the workshop |
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October 19, 2024 | Sat: 9am - 3pm | TBD |
NCDC staff for the link for the workshop |
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October 26, 2024 | Sat: 9am - 3pm | TBD |
Once you have installed the program, contact an NCDC staff for the link for the workshop |
Please contact us at 773-262-2290 Ext 14 or online to sign up for one of our Homebuyer Education Workshops and the one on one appointment. Virtual appointments available!
NCDC offers a course for first time buyers covering topics of budgeting, credit, shopping for a home, purchase contracts, mortgage comparison, real estate professionals, closing, property taxes, refinancing, and assistance programs available in the Chicago region. All participants are awarded a certificate of completion which is needed to qualify for the City of Chicago’s Home Buyer Assistance Program or the Illinois Housing Development Authority’s mortgage products. This consists of a six-hour group education session, followed by a mandatory, two-hour, one-on-one counseling session. Both the six-hour group class and the two-hour, one-on-one counseling session are required for certificate attainment. The group class is offered for free via Zoom. The one-on-one counseling session is also free. We also offer our First Time Homebuyer Course online for a fee of 99.00 through ehome America, to sign up visit: http://www.ehomeamerica.org/ncdc
Condo Training
For many households buying a condo is a great way to enter the housing market, invest in a community, or adjust after a change in family size. In many neighborhoods condos are the most affordable home ownership option. This Condo Training was developed by NCDC to address this population and help walk condo buyers through the specifics of Illinois condo rules. Topics discussed include legal requirements of associations, turnover of books by the developer, duties of the board of directors, assessments, annual budget, and rights and responsibilities of owners. (2-hour session)
Credit Counseling
For many people their credit score is the largest barrier to home-ownership. As lenders are implementing stricter guidelines in lending money to potential buyers. NCDC can help by meeting with clients one-on-one to go over budgets, determine mortgage pre-qualification amount, pull credit, and offer individualized credit counseling for free. (2-hour session)
Financial Literacy
The NCDC Financial Literacy program focuses on the topics of Budgeting and Saving, Banking, Building Credit, Credit Cards, Consumer and Installment Loans. By focusing on these topics NCDC provides education to help community members begin to understand the complex American financial system. (2-hour session)
Post-Purchase Workshops
NCDC offers Post-Purchase workshops that focus on the topics of Budgeting and Saving, Energy Efficiency, Home Maintenance and Repairs, Home Equity Loans, and other topics. By focusing on these topics NCDC provides education to help community members have enjoyable and sustainable homeownership experiences. (2-hour session)
Landlord Training
For many first time buyers, a 2-4 unit building purchase is a more affordable option than a single family home purchase. Landlord training is designed to prepare buyers with information necessary to be effective owner occupant landlords. Topics covered include Chicago's landlord/tenant ordinance, leases, tenant screening, property care, eviction process, and business tax advantages. (2-hour session)