HomeSight Trains Interpreters in Home Financing

3/8/2010

HomeSight applied and received a $10,000 grant from Bank-On Seattle, an initiative of the Seattle King County Asset Building Collaborative, to train interpreters to be knowledgeable with aspects of home financing.

We developed a whole day seminar that will allow the interpreter to be familiar with:

Mortgage terminology
Consumer rights with regards to mortgage lending
Required mortgage documentation
Legal closing documentation
Different mortgage loan products

After being fully trained, interpreters will then be certified as a “Home Financing” interpreter. To date, 20 interpreters have been certified in the following languages:

American Sign Language
Bosnian
Cantonese
Mandarin
Russian
Filipino (Tagalog)
Japanese
Spanish
Vietnamese

Two more classes have been scheduled: April 3rd, 2010 and May 1st, 2010.

For more information, please contact Velma Veloria, Senior Policy Advisor, at: (206) 760-4234 or velma@homesightwa.org