Homebuyer Education

More than 70,000+ students statewide have been educated through the Finally Home! program. Approximately 75 classes are offered statewide each year through seven regional training host sites.

In the Finally Home!^® Homebuyer Education Classes, you will learn about:

• Budgeting
• Understanding credit
• Determining if you’re ready for homeownership
• Types of loans available
• Who will assist you through the transaction
• The closing process
• All of the costs associated with purchasing

Finally Home! can help you:

• Make educated and smart decisions
• Determine when you are ready to purchase a home
• Determining what type of home you are looking for
• Understand what you can afford
• Provide a strong foundation for starting the process
• Learn about financing options

Finally Home! classes may help you qualify for:

• Down payment and closing cost assistance
• Programs that accept higher debt ratios
• Using gifted funds at closing

Thousands of families across the country have utilized a HUD approved prepurchase counselor to plan and budget for buying their next home. At Idaho Housing, our pre-purchase counselors can walk you through the home buyingprocess and help you determine the right time to buy based on your personal financial position. Counseled clients are 42% more likely to buy a home that is affordable for the long-term and less likely to lead to late payments or foreclosure. We meet with you one-on- one to learn your situation and continue to offer guidance whenever you need it. We’ll help you:

• Know your housing resources, rights, and responsibilities
• Be equipped with the right financial planning tools
• Understand your credit reports and identify debt-reduction strategies
• Know how to budget with homeownership in mind
• Connect with regarded legal and financial support

Those interested in one-on-one free counseling to help prepare for homeownership may contact an Idaho Housing housing counselor. Call today, Toll Free: 855.505.4700.