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Program Meant To Help Prospective Dallas Homebuyers

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A surburban home is shown. (credit: Getty images/Preston C. Mack)

A surburban home is shown. (credit: Getty images/Preston C. Mack)

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DALLAS (CBSDFW.COM) – Thursday the City of Dallas announced an event partnership meant to help prospective homebuyers.

Dallas is teaming up with Wells Fargo Bank in holding a 2-day Neighborhoodlift® Program event.

The program is meant to educate individuals about the possibilities of homeownership including: the steps to getting a home loan, how to manage the financial responsibilities of homeownership and if making the move toward homeownership is a good one for you.

Individuals can also find out if they qualify for the down payment assistance program. The assistance, which could be as much as $15,000, is provided by grants from local non-profit organizations. The down payment assistance grants may also be used to take out a new mortgage purchase 203k renovation loan.

While admission is free, those wanting to attend the Neighborhoodlift event are encouraged to register online.

Those making an appointment or walking in should also bring financial documentation if planning to discuss qualification for down payment assistance.

The Neighborhoodlift event will be held at the Hilton Anatole, 2201 North Stemmons Freeway, Dallas, 75207. Professionals will be onsite February 28 and March 1, from 10:00 a.m. to 7:00 p.m.

(©2014 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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