Leominster Credit Union (LCU) has dedicated the month of May as Homebuyers’ month. Throughout the month, LCU will provide home buying information, tips, special offers and events for those considering a purchase.

Included in the activities planned for the month is the opportunity to apply for a mortgage and be pre-qualified on-site. There will be daily home-buying tips on Facebook, as well as a first-time homebuyers’ seminar featuring a Realtor, home inspector, mortgage specialist and attorney who will walk attendees through the home buying process. 

"Area Realtors tell us they are seeing an uptick in activity in the local real estate market," commented John O’Brien, LCU’s senior vice president of lending. "We felt this would be a great time to provide helpful information, as well as opportunities for down payment and closing cost assistance and credits. Many people had been waiting out the slow economy to buy a home."

First-time homebuyers can apply for up to $15,000 in down payment and closing cost assistance, subject to credit approval, through funds made available through a $150,000 grant from the Federal Home Loan Banks’ equity builders program. The assistance will be available until the grant funds have been depleted.

The seminar will be held on May 22 at LCU’s 137 Shrewsbury St. branch in Worcester.