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The U.S. Department of Housing and Urban Development is a great place to start, as it lists approved homeowner classes. You can also consult with your real estate agent or lender for help.
Since 2013, buyers receiving down payment assistance from HOME are required to participate in pre-purchasing homeownership counseling, and in August 2021 full implementation of HUD regulations requiring counseling be provided by certified counselors employed by HUD-approved housing counseling agencies took effect standardizing the curriculum ...
Community Action Services and Food Bank is approved by the United States Department of Housing and Urban Development (HUD) as a housing counseling agency. [10] The program provides the following services free of charge: pre-home ownership counseling, home buyer education classes, mortgage default counseling, reverse mortgage counseling ...
Housing and Urban Development (HUD) ... required to complete an approved home buyer education course. A minimum credit score and house price limits depending on the location within the state must ...
You can find a HUD-approved counseling agency via the Consumer Financial Protection Bureau’s Find a Counselor tool, by calling the CFPB at 855-411-2372, or by calling the HOPE Hotline at 888-995 ...
There are free resources available for potential applicants. Homeowners can call the Homeowner's HOPE Hotline at 1-888-995-HOPE (4673) for information about the Making Home Affordable Program and to speak with a HUD approved housing counselor. Assistance is available in English and Spanish, and other languages by appointment.
FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...
Before starting the loan process for an FHA/HUD-approved reverse mortgage, applicants must take an approved counseling course. [30] An approved counselor should help explain how reverse mortgages work, the financial and tax implications of taking out a reverse mortgage, payment options, and costs associated with a reverse mortgage. [31]