Monson Savings Bank to Hold Workshop for First-time Homebuyers

HAMPDEN — Monson Savings Bank is conducting a free workshop on Saturday, March 24 to help first-time homebuyers learn about purchasing a home. A first-time homebuyer is anyone who has never owned a home or who has not had ownership in any real estate for at least three years.

This workshop is designed to help first-time homebuyers learn how to get pre-qualified for a mortgage, as well as the facts about special loan programs with low down payments. Speakers include originators Charlene Kareta and Terry Poloski, a closing attorney, an appraiser, a home inspector, and homeowner’s insurance representatives.

This workshop is open to the public and will take place from noon to 2 p.m. at the bank’s Hampden branch, 15 Somers Road. There will be special offers and a chance to win door prizes, and a light lunch will be served.

“There are a lot of people who have good credit and enough income to afford reasonable mortgage payments but who are still challenged to purchase a home due to the difficulty of raising the money for a down payment, not knowing who to talk to, or what the process is,” said Steve Lowell, president of Monson Savings Bank. “That’s exactly who this program is designed to help.”

Attendees are asked to RSVP to reserve a seat, by contacting Olivia Larose at (413) 267-4513 or [email protected].