Free Homebuyer Workshop to be Offered at Third Federal Savings & Loan

7007 Broadway Avenue, Cleveland, OH

Saturday, February 21, 2015

8:30 am to 1:00 pm

CLEVELAND, Feb. 17, 2015 (GLOBE NEWSWIRE) -- Third Federal Savings & Loan is partnering with the City of Cleveland, Slavic Village Development, the Christian Business League, the Cleveland Realtist Association, and Harvard Title to offer a free homebuyer's workshop. This free workshop will focus on helping residents learn about:

  • Down payment assistance programs/affordable housing financing opportunities
  • Financial Management
  • Property Maintenance
  • Searching for qualified real estate and home-buying assistance professionals
  • Latest Housing Laws

On the heels of the Earned Income Tax Credit event held earlier in February, residents who qualified for a tax credit can learn how they might use the credit towards the purchase of a home. The event includes a homebuyer's education booklet, continental breakfast, lunch and door prizes. A tour of new model homes will take place from 1-2 p.m.

Those interested in attending should register by calling
Third Federal's homebuyer's registration line at (216) 441-7345.

When citing the importance of consumers to look for credible sources for home buying information, Maria Thompson, community development services manager at Third Federal, said, "There are many sources today for homebuyer education, but not all information is good information."

"This neighborhood-based workshop, and others like it, provides consumers with vital information needed to navigate the complicated process of home buying and homeownership," added Daryl Rush, Director of Community Development for the City of Cleveland. "Further, these types of partnerships help showcase the revitalization and unique housing opportunities of neighborhoods like Slavic Village."

Third Federal Savings and Loan Association is a leading provider of savings and mortgage products, and operates under the values of love, trust, respect, a commitment to excellence and fun. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal's mission is to help people achieve the dream of home ownership and financial security. It became part of a public company in 2007 and celebrated its 75th anniversary in May, 2013. Third Federal, which lends in 21 states and the District of Columbia, is dedicated to serving consumers with competitive rates and outstanding service. Third Federal, an equal housing lender, has 21 full service branches in Northeast Ohio, eight lending offices in Central and Southern Ohio, and 17 full service branches throughout Florida. As of December 31, 2014, the Company's assets totaled $12.1 billion.

CONTACT: David Reavis: (216) 429-5036

Source: Third Federal Savings and Loan