Buying a home can be one of the most exciting and stressful times of your life. It doesn’t matter if you’re a first-time homebuyer or not. The process of buying a home can be confusing and overwhelming. Our credit counseling advice is to take a homebuyer education course. These courses are a great resource to ensure that you are as prepared as can be before taking the plunge into home ownership.
Tuesday Tip – Homebuyer Education Courses
Making smart financial decisions is paramount to living a healthy financial life. Homebuyer classes are available to help equip prospective homebuyers with the knowledge to make informed choices in respect to homebuying. They offer a complete, comprehensive guide about buying a home. From mortgages, to interest rates, to making an offer on your dream home, homebuyer education courses have you covered.
By taking a home buying seminar, you will be able to gain information that should help you to prevent making mistakes or complicating your homebuying process. As a result of taking a homebuyers course, you can get the answers to all of your questions; possibly even questions you didn’t know you had. You’ll get the rundown on things like setting a budget and reviewing your credit rating before buying a home. You’ll also learn how to determine how much house you can afford and what kind of money to put down.
A homebuyer class is especially important if you’ve never purchased a home before. Classes offer special advice for first time buyers with information on everything from credit scores, mortgage applications, choosing the right loan and special programs available to first time buyers. Upon finishing a homebuyers class, you’ll have the confidence to make smart decisions to help you achieve your financial goals.
Homebuyer Education Courses with American Consumer Credit Counseling
These online home buyers courses make housing counseling really easy and convenient. To bring this resource to you, ACCC partnered with MassHousing and Framework to ensure that buyers receive the best homebuyer education possible. In addition to gaining homebuying knowledge, you’ll receive eligibility for certain lending programs that offer low-interest loans. When you complete the course, you’ll get a certificate. Simply download, print and present to lenders as proof that you have finished the home buying seminar.
Taking a first-time home buyer course with ACCC will enable you to:
- Apply for low-interest federal mortgages; after you complete your course, you’ll get the certificate required by a variety of lending programs.
- Decide how large of a mortgage you can afford.
- Determine which mortgage product is best for your financial situation.
- Understand all aspects of the home buying process.
If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today.