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Important Homebuyer Information

 

Two Rivers CLT Homebuyer  Orientation Classes

Weekdays, 6:30 to 8:00 p.m.
Saturdays, 10 a.m. to 11:30 a.m.

Classes at our                              Lake Elmo, MN Office
Mon.: Oct. 29
Th.: Nov. 15, Dec. 13
Saturday: Oct. 20, Nov. 11, Dec. 1

Reservations Required to Attend a Class -
Call (651) 994-9194 ext 201



Two Rivers Community Land Trust
3880 Laverne Ave, Suite 275,             Lake Elmo, MN 

 

Homebuyer Process

1.  Take a Two Rivers Community Land Trust Homebuyer Orientation -  Learn about owning a community land trust home, ask questions and receive your application materials.

Two Rivers CLT will accept metro CLT Orientation Certificates

2. Application & Income Verification  Meeting - After you have completed your application, set an appointment to have the application reviewed and your income verified. In return you'll receive a letter that lists what you need to bring for your appointment  - Income Guidelines.

3.  Take a HomeStretch Course - All buyers take a first-time homebuyer course through any of the Homeownership Centers in MN.

4.  Contact a Two Rivers Approved Lender. Two Rivers CLT will provide a list of mortgage lenders to a buyer after successful completion of the Application Interview & Income Verification.

Inquirying Homebuyer's Brochure.pdf

 

 

 

 

 

 

Directions to Two Rivers CLT:  I694 to the Hwy 5/Stillwater Blvd. Exit.  At the bottom of the ramp go east into Lake Elmo (several miles from 694).  Laverne Ave. is the second left hand turn as you enter Lake Elmo.  Take a left onto Laverne Ave. Turn left at the next street and turn right into the parking lot. We are in the Brookfield II Building, second floor across from Lake Elmo City Hall.

 

              

3880 Laverne Ave. N.      
  Ste 275,
 Lake Elmo, MN 55042
(651) 994 -9194

   

Community land trusts (CLT) own land under a house & the owner owns their home.

 

Advantages of CLT: homeownership,

a reduced mortgage,

wealth creation -the owner receives 25% of the increase in value of their home when they choose to sell their home.

                        Last Modified: 08/06/08     Search      Site Map      Links      Contact Us Home
                            Two Rivers Community Land Trust   3880 Laverne Ave. N. Suite 275, Lake Elmo, MN (651) 994 -9194 
 
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