What is Homebuyer Education?

The homebuying journey can be confusing, fast-paced, and often chaotic. There’s so much information, and it’s difficult to know who you can trust.

That’s where homebuyer education comes in. It prepares you to navigate homebuying with knowledge and confidence.

Your home will most likely be the biggest investment you’ll make in your lifetime. Homebuyer ed gives you the tools to protect that investment so it can benefit you and your family for generations.

 

What is a homebuyer education course?

Homebuyer ed courses are offered either online or in person. The lessons you’ll take will prepare you to look for, buy, and own a home. They’re created and provided by experts in both homeownership and in online learning.

 

What do you learn in homebuyer ed?

Homebuyer ed walks you through the entire homebuying process and prepares you for life as a homeowner.

You’ll get to know the ins and outs of:

  • Getting ready to buy a home
  • Fixing your credit and determining your price range
  • Finding a real estate agent and other pros you’ll work with
  • Shopping for the right mortgage with the best interest rate
  • Making the most of a home inspection
  • Navigating the closing process
  • Managing home maintenance and building your equity

 

What’s the best way to take homebuyer ed?

Homebuyer ed is typically offered through online and in-person courses.

With the Keep Homebuyer Ed, you can get your education on any device, on your own time, and at your own pace.

 

When should you take homebuyer ed?

Homebuyer ed is valuable at any point in the homebuying journey, whether you’re deciding if you’re ready to buy a home or if you’re already in the process.

The earlier you get homebuyer ed, the more you’ll be able to make use of the information and tools as you buy a home.

 

How long does it take to complete a homebuyer ed course?

Most learners finish the Keep course in just a few hours. You can also take it at your own pace as you move along your homeownership journey.

 

Is homebuyer ed only for first-time homebuyers?

You can use your homebuyer ed certificate to qualify for some first-time homebuyer assistance programs, along with several down payment assistance and grant programs, and numerous mortgage options.

The Framework course is accepted by most lenders and down-payment assistance programs that require homebuyer education. It meets guidelines set by the U.S. Department of Housing and Urban Development (HUD) and exceeds National Industry Standards for Homeownership Education and Counseling.

Homebuyer ed is helpful for seasoned buyers, too. It can fill gaps in your knowledge and provide a refresher on the ever-changing homebuying market.