Access National Mortgage (“Access”) and Middleburg Bank (“Middleburg”), both divisions of Access National Bank, hosted their First-Time Homebuyer Educational Seminar (“the Seminar”) on Wednesday, March 7 at the Middleburg Community Center.
Young, prospective first-time, as well as seasoned, homebuyers in the Loudoun area joined to discover new financing, lending, and credit-rebuilding options to help them meet their homeownership goals.
Sixty-seven percent of attendees expressed interest in Access’s services when the Seminar concluded.
“I have been in this industry for more than 18 years, so I know buying your first home can be daunting,” Bill Stern, Sales Manager at Access National Mortgage, said. “But, the audience was active and engaged throughout the seminar.”
Stern presented on the financial benefit of ownership and special financing programs for first-time buyers, including some that finance 100 percent of the home’s value.
The inaugural event was co-presented by Atoka Properties, Virginia Housing Development Authority, and Bankers Title Shenandoah.
Ryan Clegg, REALTOR®, represented Atoka Properties. Clegg, a local agent in the Middleburg market, illustrated the homebuying process for prospective buyers from contract to close.
Other featured speakers included Danielle Tubbs, Director of Operations and Settlement at Bankers Title Shenandoah and Regina Pinkney, Business Development Officer at Virginia Housing Development Authority (VHDA).
Bankers Title Shenandoah provided guidance on title services, such as insurance and settlement.
VHDA offers a loan program with up to 100 percent financing and is commonly used in our market area.
“As members of the community, it’s essential we open a dialogue with first-time buyers,” Stern said. “Our mission is to guarantee successful homeownership no matter what stage of life you are at.”