Refugees are learning how to build or repair their credit histories, save for a down payment and apply for a mortgage. - - Donna Poisl
Homebuyer programs help penny-pinching refugees achieve American Dream
By Jonathan D. Epstein, NEWS BUSINESS REPORTER
Soe Than has set his sights on owning his first home and settling down. But he’s not your average firsttime homebuyer in Buffalo.
Like many others, he and his wife, Thi Thi Aung, have been in a first time homebuyer class for months, learning about credit histories, loans and everything they need to know about buying and owning a home.
They’ve also been participating in a special matched savings program at M&T Bank, setting aside enough money to cover a downpayment. Finally, they signed a contract for a particular house in Riverside.
Be sure to read the rest of this story! This is only a small part of it.
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