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Embrace Home Loans To Present Free Seminar Series To Promote Homeownership and Financial Literacy

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Embrace Home Loans To Present Free Seminar Series To Promote Homeownership and Financial Literacy

January 23
14:01 2015
Embrace Home Loans in Partnership with Delaware State Housing Authority, American Spirit Federal Credit Union, Interfaith Community Housing (ICHDE) and Faith City Family Church to Present Free Seminar Series to Promote Homeownership and Financial Literacy.

Embrace Home Loans is pleased to announce a joint venture with Delaware State Housing Authority (DSHA), American Spirit Federal Credit Union, Interfaith Community Housing of Delaware (ICHDE) and Faith City Family Church to provide a series of free seminars designed to help educate the community on matters of financial literacy. The series, Financial Education and Homebuyers Orientation, will begin on Tuesday, January 27 and will cover everything from credit and savings, to home ownership (including first time buyer program available through State of Delaware) and how to protect your investments. Shaun Clark, a mortgage Loan Officer with Embrace, who is particularly passionate about the first-time buyer community, helped to spearhead the project and was thrilled to bring his mortgage lending expertise to the table. “As part of this team, I feel like I’m giving my community not just the opportunity of homeownership, but introducing a new way of life and financial independence to those who most need it.” In addition to Shaun’s participation and literature on the mortgage process, Embrace Home Loans will provide; dinner in conjunction with ICHDE, a free credit report for every participant, a $500 closing cost credit, and free pre-qualification to those interested and/or ready to begin looking for a home.

Designed to support financial responsibility in the community, this four week seminar series is a combined effort that began when Shaun met with Maurice Dawkins and James Elias of American Spirit Credit Union. What started as a program to assist first-time homebuyers quickly grew in scope to meet what had been identified as a greater need for financial literacy in the community. Tracy Spriggs and Arlise Howard of Interfaith Community Housing (ICHDE) suggested the need for a larger venue for the classes in order to reach more people. Dawkins reached out to Pastor Steve Hare of Faith City Family Church. Pastor Hare not only offered his church as the location for the series, he also offered childcare facilities, a kitchen to prepare and serve dinner and a member of his staff to help register participants.

The scope and value of these seminars has been improved by the inclusion of the DSHA as a participant. The series will be facilitated by ICHDE, who will provide literature and training. Speakers will include, an Insurance Agent, Real Estate Attorney, Mortgage Loan Officer, Banking Officer and Housing Counselor. In addition to providing banking expertise, American Spirit Credit Union will offer access to banking products and credit builder loans to those in need.

Shaun and his partners feel it is critical that those in need have access to a team of professionals they can depend on to get the help they need, when they need it. He believes this joint venture and the series of seminars “not only highlight what each of these organization has to offer the community, it also enables all of those involved to give back.”

Interested parties can call to 302-652-3991 to reserve a seat.

Financial Education and Homebuyers Orientation, a series of four classes beginning on Tuesday January 27, 2015 and running over the following three Tuesdays (2/3, 2/10, 2/17) from 6:30 pm to 8:00 pm will be held at Faith City Family Church at 179 Stanton Christiana Rd, Newark, DE.

This free series is a joint venture between Embrace Home Loans, American Spirit Federal Credit Union, Faith City Family Church, Interfaith Community Housing of Delaware and the Delaware State Housing Authority. Dinner will be provided. Child Care is available.

Shaun Clark, NMLS# 587328, is a mortgage Loan Officer employed by Embrace Home Loans and is licensed in Delaware, New Jersey and Pennsylvania.

About Embrace Home Loans

Founded in 1983, Embrace Home Loans is a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae. Embrace Home Loans has remained a prominent leader in the industry, having helped hundreds of thousands of individuals and their families purchase new homes, lower their monthly payments and consolidate high-interest debt since its inception.

For more information, please visit

About American Spirit Federal Credit Union

Our mission is to make a positive difference in the lives of our members, employees and the community.

For more info contact:
American Spirit Federal Credit Union
1110 Elkton Road
Newark, Delaware 19711
(302) 738-4515 or (800) 941-7789

About Interfaith Community Housing of Delaware, Inc.

(ICHDE) is a faith-based, not-for-profit development corporation that strengthens Delaware communities and services low- and moderate-income households. ICHDE was founded more than 40 years ago and is currently the largest statewide, not-for-profit community housing organization in Delaware.

For more information visit

About Faith City Family Church Congregation

Gathers gathers weekly Sundays at 10am and is located at 179 Stanton Christiana Rd, Newark, DE 19702.

About Delaware State Housing Authority

The mission of the Delaware State Housing Authority is to efficiently provide, and assist others to provide, quality, affordable housing opportunities and appropriate supportive services to low- and moderate-income Delawareans.

For more information visit

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Contact Person: Chuck Boyce
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