Home-purchase Deep Dive Training for Housing Counselors

The "Home-purchase Deep Dive Training for Housing" is a comprehensive 90-minute online course designed specifically for housing counselors. This course equips counselors with a thorough understanding of the homepurchase process, enabling them to better assist their clients in navigating the complexities of buying a home.

Main Topics Covered:

• Credit: Understand the importance of credit in the home-purchase process, how to assess credit reports, and strategies for improving credit scores.
• Homepurchase Process: Gain a step-by-step understanding of the entire homepurchase journey, from pre-approval to closing.
• Mortgage Products: Learn about different mortgage products available, including fixed-rate, adjustable-rate, FHA, VA, and USDA loans.
• Mortgage Calculations: Master the essential calculations needed to determine affordability, loan-to-value ratios, and monthly mortgage payments.

Learning Objectives/Outcomes: By the end of this course, housing counselors will:

• Develop a comprehensive understanding of the home-purchase process.
• Be equipped to explain complex mortgage concepts and processes in a simplified manner to clients.
• Enhance their ability to guide clients through credit improvement strategies and mortgage product selection.
• Be proficient in performing key mortgage-related calculations.

Prerequisites: None

Format: Online

Duration: 90 minutes

This training will provide housing counselors with the knowledge and skills necessary to demystify the home-purchase process for their clients, ultimately helping more families achieve their dream of homeownership.