Home Ownership Webinars
Presented by Redwood Credit Union
Redwood Credit Union will be hosting two mortgage webinars exclusively to American Canyon School Teachers and Employees on October 12th.
The webinars will be presented by RCU loan experts on home purchase readiness and mortgage options for current homeowners, including financing for Accessory Dwelling Units (ADUs). RCU loan experts will be available to answer your questions virtually in the Q&A section of the webinar, so make sure to bring your questions!
Two webinar options to choose from:
Home Purchase Readiness
For first time homebuyers or homeowners looking to purchase a second property.
Time: 6:00pm – 6:40pm
Location: Microsoft Teams (online invitation will be emailed)
Your Mortgage Options for Current Homeowners
Learn about second mortgages, refinance options, accessory dwelling unit (ADU) financing, and construction loans.
Time: 6:45pm – 7:30pm
Location: Microsoft Teams (online invitation will be emailed)
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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