Drexel University - Comprehensive, integrated academics enhanced by co-operative education, technology, and research opportunities. | Drexel University
Drexel University
Search events. View events.

All Categories

Click for help in using calendar displays. Print the contents of the current screen.
Display Format: 
Event Details
Notify me if this event changes.Add this event to my personal calendar.
Go Back
The Mortgage Lending Process (15 Wellness Points)*
Start Date: 2/28/2024Start Time: 11:00 AM
End Date: 2/28/2024End Time: 12:00 PM
This event recurs on a custom schedule.  Click here to see the series dates.

Event Description
Join A Healthier U and our partner the Franklin Mint Federal Credit Union for a workshop designed to help you prepare for homeownership.

In addition to providing an overview of the Drexel Home Purchase Assistance Program available to all benefits-eligible faculty and professional staff, this workshop will provide participants with an understanding of the basic components of the mortgage lending process, how the condition of the economy impacts the mortgage market, Conventional vs. FHA loans, the importance of credit scoring and its impact on the cost of your mortgage. Participants will also learn about the mortgage pre-approval program, the Franklin Mint Federal Credit Union’s unique 3/2 ARM portfolio program, documentation requirements, acceptable sources of funds to close a loan and the benefits of a Franklin Mint Federal Credit Union (FMFCU) mortgage. To round out the workshop we introduce you to a member benefit – CU Realty.

By the end of the seminar participants will understand: how economic conditions impact the Mortgage Market; the difference between conventional vs. FHA loans; the importance of your credit score; the different programs available to members; what documents and funds are needed for settlement; the advantages of an FMFCU mortgage.

This event will be held on Zoom. The registration email sent by Career Pathway will contain the link to join. Registration in Career Pathway is required to attend.

This event is open to all faculty and professional staff. For more information, please contact Monica Fauble, Wellness Administrator: mfauble@drexel.edu

*Participants in our Wellness Incentive Program are eligible to earn 15 points (a $15 credit) for attending this event. You must sign-in to receive credit.

You must register for the Health Advocate Wellness Incentive Program AND complete your annual Personal Health Profile before you will be eligible to receive any payouts. Points for attending these events will be sent to Health Advocate on a monthly basis for the prior month’s activities. There will be a 6-week delay in these points and payouts being distributed. For information about our wellness incentive program, please visit: http://drexel.edu/hr/benefits/a-healthier-u/wellness-incentive-program/ />
Please contact Wellness Administrator Monica Fauble with questions:
mfauble@drexel.edu
Contact Information:
Name: Monica Fauble
Phone: 215-895-1708
Email: mfauble@drexel.edu
Franklin Mint Federal Credit Union
Location:
Zoom; please register in Career Pathway to receive the Zoom link
Audience:
  • Faculty
  • Staff
  • Special Features:
  • Online Access

  • Display Month:

    Advanced Search (New Search)
    Date Range:
    Time Range:
    Category(s):
    Audience: 

    Special Features: 

    Keyword(s):
    Submit
    Select item(s) to Search



    Select item(s) to Search
    Select item(s) to Search
    Select item(s) to Search