An educated buyer makes for a successful homeowner. Make sure you fully understand the buying process and the true cost involved with homeownership. There are many free homeownership classes offered throughout the Hampton Roads area. To view a list of Virginia Housing Development Authority (VHDA) – certified classes*, click here
. Topics covered in the classes include, but are not limited to:
- credit issues
- personal finances
- housing ratios used to qualify for a mortgage
- the role of lenders and real estate agents
- home inspections
- the closing process
If you are interested in buying a home, you are strongly encouraged to attend one of these free classes.
* If you are a first-time homebuyer receiving assistance through the Department of Housing and Neighborhood Preservation, you must attend a VHDA-certified class in person -- you cannot take the online class (an exception to this rule will only be made for military personnel on deployment). Also, if you are married, both spouses must attend the class and receive his/her own certificate.
||Your credit history plays a key role in obtaining a mortgage loan. Learn how to obtain your credit report.|
| 2. Start Saving Now|
||Learn about the costs associated with buying and owning a home and why it is never too early to start saving now.|