CLEVELAND , June 4, 2021 /PRNewswire/ -- Dollar Bank's 22 nd annual Mortgages For Mothers Home Buying Workshop returns on Saturday, June 12, 2021 . This year, the free workshop will be offered virtually. This program, which began as a workshop for single mothers in 1999, has grown over the years and today is available to anyone who wants to learn how to stop renting and start owning. The Mortgages For Mothers Workshop is an educational experience for attendees, providing information about the power of credit and credit counseling services, ways to save, and how the mortgage process works. Highlights also include testimonials from new homeowners who broke the rent cycle with the help of Dollar Bank's credit counselors. Danita Harris , News 5 Anchor, will be the guest host. "It's hard to know where to start when you want to become a homeowner. We break down the process and empower our attendees by preparing them for what comes next. Our goal of the workshop is to make this process feel manageable by sharing our educational resources and offering time with experts in credit counseling, budgeting, and mortgages," said Morton Stanfield , Senior Vice President of Community Development. "Dollar Bank believes that everyone deserves the opportunity to take those first steps toward homeownership."
Mortgages For Mothers is only one part of Dollar Bank's effort to provide help to would-be borrowers who have credit-building needs. Workshop attendees will be encouraged to continue working with Dollar Bank counselors beyond attending the Mortgages For Mothers Workshop. Dorothy Curtis , Vice President of Community Development, works closely with participants of Dollar Bank's Homeownership Program. "Buying a home can be an overwhelming experience for anyone, especially if you aren't confident in your financial situation. The training and credit counseling we provide create a safety net resulting in low mortgage default rates and homeowners who are prepared for homeownership," describes Curtis. Assistance includes educational classes, private credit restoration counseling sessions, special savings programs, and other informational and motivational group sessions. The online Mortgages For Mothers Home Buying Workshop will begin at 9:30 AM on Saturday, June 12, 2021 . To register, call 1-800-345-3655 or online at MortgagesForMothers.com.