COMPLIMENTARY EDUCATION COURSES FOR BUYERS USING THE HOMEREADY AND HOME POSSIBLE 3% DOWN PROGRAMS
When borrowers purchase their first home through the HomeReady® or Home Possible® program, they are often required to complete a homebuyer education course to help them better understand the financial responsibilities of owning a home. The links below provide a number of options for you to share with our loan clients who are eligible for these 3% down home purchase programs. We also have Down Payment Assistance programs that con help first time home buyers with the down payment and some of the closing costs.
FRAMEWORK – NO COST
The Framework online homebuyer course is mobile friendly and easy to use. Information is organized into bite-sized topics, and it’s so intuitive that most people finish in just a few hours. It meets HUD guidelines and exceeds National Industry Standards for Homeownership Education. All homebuyer education required on Fannie Mae loans must be completed through Framework.
Free Home Buyer Class from Framework
GENWORTH – NO COST
Genworth's self-paced, mobile friendly, online Homebuyer Education course is a great resource for you to offer to your borrowers, including those using Home Possible.
Free Home Buyer Class from Genworth
ESSENT – NO COST
This valuable homebuyer resource center will educate borrowers about the benefits of homeownership and how private mortgage insurance (PMI) can help them become homeowners sooner.
Free Home Buyer Class from Essent
MGIC – NO COST
Readynest takes your borrowers through key homeownership topics step-by-step, so they can feel more confident throughout the homebuying process while fulfilling their education requirement.
Free Home Buyer Class from MGIC
ARCH – NO COST
Through Pathways to Homeownership, borrowers receive counseling and education on the benefits and challenges of owning a home to prepare to handle the expenses and responsibilities that will arise — and know where to turn for help.