QUEENS, NEW YORK – MCU hosted its second First-Time Homebuyers Seminar of the year at the Jamaica Performing Arts Center in Jamaica, Queens on Saturday, May 4, 2019. The event, which was attended by 300 members, covered important topics including income qualifications, asset and credit building, mortgage escrow, FHA Loans, and private mortgage insurance.

In addition to the presentation, MCU Loan Originators Gordon Chan, Atiya Ingram-Sanchez, Kishla Reed, Daniel Khayutovsky and Xiang He Lin hosted a panel to answer questions from the audience.  

“As a credit union, our mission is to empower our members to reach their goals,” said MCU Vice President & Head of Residential Lending Sonita DiStefano. “We’re very proud to provide them with the tools and resources such as our MCU First-Time Homebuyers Seminar series that will help them on their journey to homeownership. I look forward to working with many of our members here today 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 Khayutovsky, Xian He Lin, Atiya Ingram-Sanchez, Gordon Chan and Kishla Reed host a panel to answer questions from the audience during the second MCU First-Time Homebuyers Seminar of 2019 at the Jamaica Performing Arts Center on May 4, 2019.