While HomeOwnership.org’s primary mission is to help consumers who are having trouble paying their mortgage, valuable information is also offered to help those who are looking to become homeowners for the first time.
Federal Housing Administration (FHA) Loan
An FHA loan allows a first-time home buyer to purchase a home with less than 3% down payment. These loans are designed to help home buyers without a large amount of savings purchase a home.
First-Time Home Buyer Education
It’s important for home buyers to get as much information as possible to help them become successful in the long term. The best way to ensure that foreclosure will not be in your future is to be set on the right path as early as possible.
When preparing to buy your first home, it’s important to plan ahead so you can manage your finances and be a successful homeowner. Take advantage of a first-time home buyer class offered by Springboard.
Springboard’s first-time home buyer education course will help you make good decisions when buying a home. It’s approved by HUD, Freddie Mac and Fannie Mae, and can qualify you for savings on the cost of FHA mortgage insurance as well as other first-time home buyer assistance programs.
How to Register
The first-time home buyer education is offered free of charge and is available only in Southern California. If you are interested in registering and want to find out when the next class is being held, call (951) 781-0114 ext. 7820, email firstname.lastname@example.org, or view the Springboard Events Calendar.
If you live outside of Southern California, visit HUD’s website to find a first-time home buyer workshop near you.