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Class teaches buying processes

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Memphis Area Association of Governments is coming to Covington to help Tipton Countians learn about the home buying process.

The free homebuyer education class, in collaboration with the Tennessee Housing Development Agency and NeighborWorks America, will take place Saturday, June 28.

According to Jordan Extanus, program developer, the class, started a year ago, was created to offset the lack of rural educational resources available.

“There are several programs in Memphis, but non in the rural areas, we are working to fill that gap,” said Exantus. “We work hand-in-hand with THDA and with funding from the USDA and provide mortgage and down payment assistance."

"People don’t realize that they can qualify for they mortgages and get a competitive rate, even if their credit is less than perfect,” he said.

Attendees are taught to understand buying and maintaining a home and how to prevent foreclosure, as well as recognizing and avoiding predatory lending.

The class will be held from 9 a.m. to 4 p.m. at Canaan Baptist Church, 211 N. Main Street, in Covington.

For more information, or to register for the class, please contact Jordan Exantus at 901-729-2871 or jexantus@maagov.org.

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