Monson Savings Bank to Hold Workshops for First-time Homebuyers

MONSON — Monson Savings Bank will conduct two free workshops, on Tuesday, June 6, and Monday, June 12, to help first-time homebuyers learn about buying 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.

The workshops are 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. Special offers, as well as a chance to win door prizes, will be available for all who attend. Speakers will include a closing attorney, appraiser, home inspector, and mortgage-insurance representatives.

The June 6 workshop will take place at the bank’s Wilbraham branch located at 100 Post Office Park, and the June 12 workshop will be held at the Ware branch located at 136 West St. Both events will run from 5:30 to 7 p.m., and refreshments 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.”

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