First-time homebuyer courses are an essential tool in your homeownership preparation. These courses provide a step-by-step guide on the home purchasing process and inform the public about different home buying programs offered through the state and individual cities. Completing a state-approved course may qualify you for down payment assistance and special mortgage programs.
Your Compass coach can also discuss first-time home buyer courses, down payment assistance programs, and special mortgage products available in your state.
Massachusetts residents can locate first-time homebuyers courses through the Citizen's Housing and Planning Association (CHAPA): https://www.chapa.org/looking-for-housing/homebuyer-workshops.
This National Database from HUD lists approved Housing Counseling and Education providers: http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm.
To use the HUD tool to search for first-time homebuyer's courses,
1. Choose your state.
2. Select the options "Click here to narrow your search".
3. Under Counseling Service, choose "Pre-purchase Homebuyer Education Workshops."
4. Click search.