Homebuyer Education and Counseling
Consolidated Credit is approved by the U.S. Department of Housing and Urban Development (HUD) to provide housing counseling services. Whether you are a first time homebuyer or you simply want to get more information to make sure you understand how the home buying process works, we can help. Call Consolidated Credit today at 1-800-435-2261 to speak with a HUD-approved housing counselor.
Pre-Purchase Housing Education & Counseling
Purchasing a home is the fulfillment of a dream; it’s also likely to be the most significant financial commitment you make. Consolidated Credit offers education and counseling programs that help you navigate through the home buying process. We can also help prepare you to manage the responsibilities of homeownership.
Our programs are valuable for anyone considering a home purchase and may be required for individuals participating in a down payment assistance program, neighborhood stabilization program or other FHA home purchase programs.
If you are taking our counseling and/or education program as a condition of your lender, it is important that you confirm all requirements to satisfy your program, including the length of program (if specified).
Designed to meet the requirements of the US Department of Housing and Urban Development (HUD), our education and counseling programs include:
- 6 hours of Pre-purchase Education
- 2 hours of Pre-purchase Counseling
Grants from the Federal government, as well as from various financial institutions in the U.S. enable us to offer these counseling courses free of charge to consumers.
Useful Homebuyer & Mortgage Information
+ PRE-PURCHASE HOMEBUYER EDUCATION: FIRST STEPS
This section provides helpful information for what you need to do before you actually start looking for homes. Learn how to assess your finances and prepare for the home buying process to help ensure the process runs smoothly once you start looking. We’ll also tell you how to evaluate your finances to find your optimal mortgage payment.
+ PRE-PURCHASE HOMEBUYER EDUCATION: FINDING A HOME
Searching for a new home is an exciting time as you look to the future and find the perfect place to fit your needs. However, you have to be careful that you don’t fall in love with a home that really won’t fit your needs once you move in. Learn what to keep in mind as you look for your dream home to help ensure you can really love the home you choose.
+ PRE-PURCHASE HOMEBUYER EDUCATION: MAKING AN OFFER
Once you find your dream home, you want to make sure the home buying process proceeds as quickly and smoothly as possible. Learn what you need to know when you make an offer on a home, as well as what you should focus on during the inspection process, to help ensure you make it from submitting an offer to closing without a lot of hassle.
+ SECURING A MORTGAGE: THE BASICS
A mortgage is one of the most significant financial agreements most consumers sign. We help you understanding the mortgage lending process, starting by building a solid foundation of understanding about how mortgages work and what you need to know before you sign anything. Learn what types of mortgages you can get to suit your unique financial needs.
+ SECURING A MORTGAGE: GETTING THE RIGHT LOAN
Learn what you will need to secure a mortgage so you can have any documentation in order once you are ready to buy. Learn how prequalification and preapproval can help make it easier to make a serious offer on a home, as well as speed up the mortgage lending process. We’ll show you how to get the right loan for your situation for lasting financial stability.
+ SECURING A MORTGAGE: CLOSING
Closing can be a great time in the home buying process. You’re effectively one step away from owning a new property, but nothing is guaranteed yet and the deal could still fall through if you aren’t prepared. Learn what to expect from your final walkthrough to closing day, as well as what closing costs you need to plan into your home buying budget.
+ SECURING A MORTGAGE: HUD/FHA ASSISTANCE
The U.S. Department of Housing and Urban Development (HUD), along with the Federal Housing Administration (FHA) offer a variety of programs that can make the dream of homeownership a reality for more Americans. Learn more about HUD and FHA programs that can help you get a mortgage and secure your dream home.
+ DON’T BE A VICTIM OF LOAN FRAUD
The last thing you need when you buy a new home is to become the victim of some kind of real estate fraud or predatory mortgage lending scam. Learn how to protect yourself from unethical and fraudulent real estate practices that could prevent you from getting your dream home or get you into a mortgage that isn’t right for your financial situation.
+ HOMEBUYER EDUCATION RESOURCES
Find helpful links for homebuyers, plus get access to free online home buying resources and tools that can help speed up the home buying and mortgage lending processes. We have helpful links for property valuation and home searches, as well as flood zone information, a free mortgage payment calculator and our handy Housing & Mortgage Glossary.