ALBANY, NY (April 15, 2014) – The Wall Street Journal recently reported that mortgage originations in February fell to their lowest level in at least 14 years, but a large crowd gathered for a workshop to educate first time homebuyers at the Albany Marriott last Thursday evening could suggest that a change is coming.
Nearly 300 potential buyers attended the Capital Region Homebuyers Workshop on Thursday, April 10 to learn from a panel of experts on searching for a home; qualifying, applying, and paying for a mortgage; and insuring their new investment. The workshop was free for all residents of the Capital Region thanks to CAP COM Federal Credit.
“Purchasing a home is one of the biggest financial commitments an individual will make in their lifetime and most buyers frequently fear the stress and confusion they anticipate in the process. This workshop is an extension of CAP COM’s commitment to provide first-time homebuyers with the support and knowledge they need to take that big step with confidence,” said Chris McKenna, Chief Mortgage Officer at CAP COM.
Due to the incredible turnout and positive feedback from attendees, another workshop has been scheduled for June 4 at the Albany Marriott.
About CAP COM Federal Credit Union
With more than 100,000 members, CAP COM Federal Credit Union has more than $2 billion in consolidated assets, including the mortgage and investment subsidiaries. The Credit Union is a full-service financial institution with offices located in Albany, Brunswick, Clifton Park, Cohoes, Colonie, Glenmont, Glens Falls, Latham, Niskayuna and North Greenbush.