Purchase Your Home In Lynwood With Confidence

Opportunity abounds on almost every street in Lynwood.  Home prices are down and the 30-year fixed interest rate on mortgages has fallen to record lows in recent months, making it a perfect time to consider buying a home.  Successful house shoppers have a plan and are equipped with knowledge.  So are you ready?

SCE Federal Credit Union is conducting a home buyer seminar in Lynwood on October 13 at 10 a.m. at Bateman Hall, 11331 Ernestine Avenue.  The seminar, co-sponsored by the Greater Lynwood Chamber of Commerce, is designed to help prepare consumers for their next home purchase.  Experts will cover topics such as current housing market conditions, types of available financing, home appraisals and how to select a realtor.

“The lessons taught at these seminars can save home buyers thousands of dollars and hours searching for their next home,” said Shannon Furiani, SCE Federal Credit Union’s vice president of lending. “One of the keys that Lynwood-area residents will learn from the seminar is how to avoid common mistakes, such as thinking about resale values before buying or not asking their lender enough questions.”

Here’s the seminar preamble:

• Are you financially ready to buy a home?
• What type of financing will you be using: Fixed or adjustable rate? Conforming or jumbo? 10-, 15- or 30-year terms?
• How to get a loan pre-approval
• Prioritize what you want in your next home
• How to choose a realtor
• How to find a home
• How to make an offer
• How to close the deal and loan
• What type of insurance is required

The free two-hour seminar is open to the public and attendees automatically qualify for $350 off closing costs, in addition to the $450 promotional special the Credit Union is running through the end of the year – which can give you a total savings of up to $800.  Space is limited, so reserve a spot online or call (626) 646-2353.

For more information or to RSVP for SCE Federal Credit Union’s home buyer seminars, go to https://www.scefcu.org/news-and-alerts/news/free-home-buyer-seminars

--Allan Bran, SCE Federal Credit Union’s Lynwood branch manager