Municipal Credit Union Hosts First-Time Homebuyers Seminar

NEW YORK, NEW YORK – MCU hosted its first First-Time Homebuyers Seminar of the year at Hotel Pennsylvania in Manhattan on Saturday, March 30, 2019. The event, which was attended by more than 500 people, covered important topics including income qualifications, mortgage escrow, FHA Loans, private mortgage insurance, credit scores and potential home-buying grants.

In addition to being led by a team of MCU Mortgage Loan Originators, the seminar hosted a panel of independent experts who shared their unique insights and knowledge of the home-buying process. Real estate agent Dennis Cotto, home inspector Anthony Grieco, real estate attorney Michael E. Steiner, Esq. and appraiser John McCullagh used their expertise to answer questions from the audience, offered guidance and serves as a valuable resource to attendees. 

“For many of our members, buying a home isn’t just a financial commitment, it’s an exciting milestone that marks a new beginning for themselves and their families,” said MCU Vice President of Mortgage Operations Anie Akpe, who welcomed guests to the event. “We’re very proud to provide them with the tools and resources that will help them as they go through the home-buying process. I look forward to working with each of them when the time comes!”

For more than 15 years, the MCU Home-Buying Seminar series has helped thousands of New Yorkers prepare for the complex financial nuances of homeownership. The series, which is hosted both throughout the five boroughs and through interactive webinars, is part of MCU’s ongoing corporate commitment to empower members though education.  

About Municipal Credit Union

Municipal Credit Union is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has assets of more than $2.9 billion and offers a full range of financial services to its more than 500,000 members. MCU is an equal opportunity lender, and deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about Municipal Credit Union, visit www.nymcu.org.

Photo (from left to right) MCU Mortgage Loan Originators Daniel Khayutosky, Kishla Reed, Atiya Ingram-Sanchez, Xiang He-Lin and Gordon Chan lead the first MCU First-Time Homebuyers Seminar of the year on March 30, 2019. The team educated members and event attendees on important home-buying topics including income qualifications, mortgage escrow, FHA Loans, private mortgage insurance, credit scores and potential home-buying grants.