Public Invited to Statewide Faith-Based Homeownership Fairs

Hosted by Sen. Tom Carper

Wilmington, DE – Senator Tom Carper will be hosting a series of statewide faith-based homeownership fairs to help increase homeownership rates among minorities using new outreach strategies and technology to streamline the home-buying process. The series of fairs are free and open to the public. Free mortgage pre-qualifications will be available and representatives from every step of the home-buying process will be on hand to provide information and answer questions. Registration begins at 8:45 a.m. and home-buyer education seminars begin at 9:30 a.m. This statewide strategy was developed in partnership with the Fannie Mae (FNM/NYSE) Corporation and Senator Carper, with major assistance from Delaware Federation for Housing Counselors, various lenders, and local churches. The three-part process works in the following way: · Homeownership workshops are sponsored by trusted neighborhood organizations, such as churches; · Those interested can register for follow-up housing counseling sessions with Delaware Federation for Housing Counselors; · Once the mortgage is ready, the customer’s loan file may be transmitted electronically from Home Counselor online to a participating lending partner, thereby streamlining the mortgage application process. Faith-Based Homeownership Fair Locations: New Castle County Saturday, April 16, 2005 9:00am – 12 noon Shiloh Baptist Church 213 West 23rd Street Wilmington For more information contact: Carrie Casey (302) 573-6291 Kent County Saturday, April 23, 2005 9:00am – 12 noon Mt. Zion Church Queen & Fulton Streets Dover For more information contact: Lori James (302) 678-3308 Sussex County Saturday, May 7, 2005 9:00am – 12 noon Pilgrim’s Ministry of Deliverance 25053 DuPont Boulevard Georgetown For more information contact: Mark Lally (302) 856-7690