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Financial Growth
HomeView: Prepare for Home-Buying With Fannie Mae’s Free Course
Jan. 20, 2022
Fannie Mae is now offering a free online course to help first-time buyers learn about all the steps to purchasing a home. We highly recommend HomeViewTM to prepare you for the home-buying process from beginning to end.
What’s in the HomeViewTM Course?
Here’s what you’ll learn in the seven course modules, as described on Fannie Mae’s website.
- Module 1, Knowing When You’re Ready: Learn about all of the things to consider when it comes to the decision to rent or buy a home.
- Module 2, Saving for Homeownership: Discover planning tips and tools to get yourself financially ready to purchase a home.
- Module 3, Understanding the Mortgage Loan Process: Learn how to find a lender, choose the right mortgage product and familiarize yourself with key mortgage terms.
- Module 4, Shopping for a Home with a Real Estate Agent: From finding a real estate agent to considering different housing options, you will learn the ins and outs of shopping for a home.
- Module 5, Making an Offer on a House: Set yourself up for success by understanding the steps to take when putting in an offer on a home.
- Module 6, Getting Ready to Close on Your Loan: Know what’s involved in finalizing your loan and preparing for closing.
- Module 7, Welcome to Homeownership: Get valuable tips on homeownership responsibilities such as paying your mortgage, planning for expenses, and maintaining the value of your new home.
Why Should I Take the HomeViewTM Course?
It’s free and convenient to take this course at your own pace online, and you’ll gain knowledge to empower you in one of the biggest purchases of your life.
Buying a house can be a long and complicated experience, but knowing what to expect can make it much less overwhelming. The HomeViewTM course will help demystify the process.
After completing all seven modules, you’ll have the knowledge and tools needed to buy a home. You’ll also have the option to take a quiz and earn the course completion certificate.
Do I Need the HomeViewTM Completion Certificate?
You can take the 15-question end of course quiz as many times as needed to pass and earn your certificate. Some loans, like Fannie Mae’s HomeReadyTM loan, require this certificate.
HomeReadyTM is an income qualifying program that can be used for new home buyers as well as refinances. To take advantage of this loan’s low down payment and other benefits, you’ll need your HomeViewTM certificate of completion.
How Long Does It Take to Finish the Course?
It takes about 3-4 hours to complete all seven modules. Since the course is online, you can access it from your desktop or mobile device, and pause and resume the course anytime to finish at your convenience.
Wherever you are in the home-buying process—whether you’re already working with a real estate agent or you’re still in the early stages of saving your down payment—you can benefit from the tips, tools and knowledge offered in this course. Get started today.
Sign Up for the Course*HomeViewTM and HomeReadyTM are trademarks of Fannie Mae.