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Monday, November 9th, 2009

Bank Says No Shortcut to American Dream

March 5, 2009 by Lela Davidson  
Filed under Finance

A Pittsburgh bank is teaching women that hard work and careful planning, not too good to be true mortgages, are the true path to home ownership. If owning a home is truly still at the core of our American dream, then we ought to be teaching this curriculum at every school in the country.

house_for_sale_rezlabflickrHard work for a good life. That may seem obvious to some, but our current financial crisis proves that we have lost some of our work ethic. We have become a nation in debt and whether or not we can pay back what we’ve borrowed doesn’t seem to enter our decision making.

Dollar Bank’s “Mortgages for Mothers” Workshop teaches women heads of household about the various mortgage loan programs. Participants learn the importance and power of credit and have the opportunity to review their credit reports with a professional.

Mona Generett, VP for Community Development says there are no shortcuts.

“For the past ten years, we have been holding these free workshops to teach would-be borrowers the right way to reach home ownership. At our workshop, we explain to potential borrowers the complexities of the mortgage process and help them design a plan to buy a house within their means and to obtain a mortgage that they can afford.”

At the workshop, new homeowners inspire the attendees with success stories about overcoming their own credit problems to realize dreams of home ownership. If you’re in the Pittsburgh area you can attend the next “Mortgages for Mothers” home buying workshop this Saturday, March 7, 2009, starting at 9:00 a.m. at the Sheraton Station Square on Pittsburgh’s Southside. Call 1-800-345-DOLLAR or visit www.dollarbank.com for more details.

Image Credit: rezlab, Flickr

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