CHICAGO – March 27, 2017 – Associated Bank recently partnered with Northside Community Development Corporation (NCDC) to conduct a first-time homebuyer workshop at Associated Bank’s loan office in Rogers Park. The workshop is offered throughout the year to help low- to moderate-income families purchase a house and strengthen the community.
A group of 13 people from the Rogers Park community attended the workshop to learn about financial management, resources to assist with purchasing a home, and the mortgage loan process. After attending two four-hour workshops and earning a certificate of completion, participants can choose a lending institution/loan officer to help with getting pre-approved for a mortgage and begin to work with a realtor to help find a home. In addition, participants may qualify for down payment and closing cost grants as well as affordable home loan products offered through Associated Bank.
“The home buying process is very intimidating to most people,” said Kevin Greer, CRA residential loan officer, Associated Bank. “Low- to moderate-income and minority families face significant barriers to sustainable homeownership, which is a major vehicle for building wealth and economic opportunity. As we work together with NCDC to help educate and break down the barriers families face on a daily basis, I believe this will help build stronger and safer communities.”
“Working in partnership with community lenders like Associated Bank, we help homebuyers learn about the mortgage process and access important information and valuable resources through our free homebuyer classes,” said Chris Zala, executive director of Northside Community Development Corporation. “Together, we want to help make the dream of homeownership a reality.”
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $29 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
Northside Community Development Corporation (NCDC) is a 501(c)(3) non-profit corporation serving as a HUD certified housing counseling agency, specializing in pre-purchase homeownership counseling, employer-assisted housing and foreclosure prevention counseling in Chicago, Illinois. For more information about free housing counseling services, programs and upcoming classes, visit www.northsidecdc.org.
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