Homeownership Webinar
Exclusively for American Canyon Teachers and School Employees
The American Canyon schools, in partnership with Redwood Credit Union, will be hosting a mortgage seminar on October 12th. Our team of local experts will talk you through what you need to buy a home and get a mortgage.
Home Purchase Readiness
Our home purchase seminar is great for first time homebuyers or those planning to buy another home in the future. Learn the ins and outs of the home buying process and everything you need to prepare to apply for a mortgage at any stage of life.
Date: October 12, 2022 at 6:00pm
Location: Microsoft Teams
Complete the form below to register.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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