How to study for and take MGIC’s Homebuyer Education Test on Readynest. -This course may be used to satisfy homebuyer education requirements for housing assistance programs or special lender homebuyer programs. Or take it for simply for personal enrichment! A certificate is immediately available after successful completion of the course. -To view course outline, click here. Why Taking a First-Time Homebuyer Education Course Is a No-Brainer. If you get down payment assistance, you may be required to take a Homebuyer Education Class. Neighbor to Neighbor’s HUD and CHFA approved Homebuyer Education Class provides a wide range of information about the home purchase process. Our class is available to all that are interested, whether you are just starting to explore the option of homeownership or you are about to close. Homebuyer Education. Choose the appropriate homebuyer education option, based on the loan program: Conventional and Home Possible Loans HomeReady Loans Homebuyer Education. Looking to buy a new home? Anyone who is looking to buy a home can benefit from our Homebuyer Certification Class. .
*Please note that the completion of RIHousing’s Homebuyer Education Class may not satisfy the Homebuyer Education Requirements for other lenders or agencies providing down payment and/or closing cost assistance. In-person classes In-person Homebuyer Education classes are held at convenient locations throughout Rhode Island. Homebuyer Education Class is available to anyone who wants to prepare for homeownership. Homebuyer education is the first step toward purchasing a home, and an in-person class is required if you want to receive HomesFund downpayment assistance (only available in La Plata, Montezuma, Archuleta, San Juan, and Dolores Counties). Our class teaches first time home buyers how to find a home, negotiate a contract, apply for a mortgage and all the steps you need to become a successful homeowner Completing a Homebuyer Education class prepares you to make the right decisions when purchasing your home, and qualifies you to receive substantial Down Payment Assistance and additional financial help through our Partner Match Programs (learn more about these programs). .
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