Our four-evening Homebuyer Education class currently being sponsored by
Louisville Urban League with the help of local sponsors offer the 8 hour Homebuyer Education Group class. This comprehensive class is for families that want to become homeowners. In this class, you will learn about the home buying process. Homebuyer Education class is composed of four evening sessions from 5:30 pm-8:30 pm and on occasion we hold a one day Saturday class from 9 AM-5 PM. This class is a requirement for any down payment assistance you wish to apply for. You will receive your certificate upon completion of this course.
Homebuyer Education is taught by HUD- Certified Housing Counselors and industry specialists in the fields of mortgage lending, home insurance, realtors, and home inspectors, and closing agents to explain the ins and outs of the home buying process. This course focuses on understanding the real estate contracts, home inspections, home maintenance, homeowners insurance, completing a residential loan application, the loan closing process, and Rent vs. Buying, and Fair Housing. You must be participating in the Homeownership Counseling Program to be enrolled in this class. Or you can sign up for the HOMEBUYER EXPRESS for $99.00 ($149.00 for married couples). Sessions are held throughout the calendar year beginning in January. The next homebuyer education class will be held in March 2019. Enroll NOW, space is limited.
You are a good candidate for Homebuyer Express if:
- You have met with a lender about getting a home loan and are pre-approved
- You have no outstanding collections or judgments
- Your FICO credit score is 640 or higher
- You have a savings of $2,000 or more
- You qualify for Down Payment Assistance
If you do not meet the above criteria, you may want to start with our FIT class/ orientation and proceed with Homeownership Counseling.
Click this link (payment link here) to pay for your Homebuyer Express class or stop by the CHFE office at the Louisville Urban League. All fees are non-refundable. Thank you.