Homebuyer Education

Housing counseling can provide an unbiased perspective for clients in their home buying process. Buying a home can be more complicated than renting an apartment or a house. A homebuyers’ education course provides information on just about every aspect of buying a property from start to finish. Homebuyer education can help borrowers improve their credit score and understand the long-term commitments of homeownership. This education also gives homebuyers the tools they’ll need to bounce back should something go wrong during the home-buying process or after the close.

Homebuyer education can teach budgeting basics, savings tips, how to reduce debt, effectively use credit cards, save up for a down payment, eliminate private mortgage insurance, and more. A well-informed homebuyer is more likely to determine how, when and where to shop for specific properties within the neighborhoods they’re interested in and how to get the best overall deal for what their buying. 

Housing counseling can also save you thousands of dollars and help you get a home sooner rather than later. The chief benefit of receiving homeownership education is that you become eligible for numerous financial perks, including down-payment assistance programs, free grants up to $25,000 or more, closing cost assistance, below market mortgage rates, and mortgage loan forgiveness.

These courses will help you evaluate how you handle money. Homebuyer education benefits include: expanded housing choice and options, lower housing costs, improved credit scores, higher savings, and better protection from default and foreclosure. Taking a qualified home buying class will do more than teach you how to get a mortgage or pull together a down payment, it will help you determine the amount of home you can afford without endangering other lifetime financial goals. 

The best course will help you determine answers to the big questions, such as whether you should buy a home or stick with renting. Education and counseling also gives insite to topics such as: money management, selecting a home, options for financing, avoiding scams, discrimination, and inappropriate loans. With home buyer literacy, you’ll have better peace of mind being a more well educated consumer.

Please call us today at 817-484-0212 to speak to us today about our homebuyer services.