Session on Mortgage Basics Helps Enlighten First-Time Homeowners

QCC’s Business Administration department hosted an informational session event at the Harrington Learning Center in late February to help students understand mortgage basics. The information session was arranged by QCC business student Vaughn Lee and was a real hit with the students looking to learn more about how mortgages work. According to Business Administration Professor Jean McLean, Mortgage Advisor Alex Belisle of SECURITY FIRST Mortgage Funding and Millbury Federal Credit Union Branch Manager (Greendale Office) Tony Romniou, worked with QCC to put the program together.

Mr. Belisle gave students an overview of the different types of mortgages and loans that are available and explained what items affect a mortgage, such as your credit score.

“I think it was very well received. There were about 30 people in the audience and they asked a lot of questions during the Q & A at the end of the presentation,”Ms. McLean said. “One of my students in my Introduction to Business class, Stephanie Pelletier, told me she really enjoyed it and learned a lot, especially about protecting your credit score.”

 “We all felt that it was a fantastic idea to have a seminar like this at Quinsigamond.  First, we want to thank Vaughn for setting this up. It was great to see such a diversified group come in to join us. It really was a reflection of Worcester as a city,” Mr. Belisle said.As far as what the attendees got out of the program, Mr. Belisle said he hoped the students realized that if they make good choices, the dream of owning a home can be a reality.

“Everyone deserves to own their own place one day,” he added.