Do you know a friend who is interested in buying a home?CLICK HERE

Schedule A MEETING

Meet with one of our agents for a consultation… CLICK HERE

Why Invest TODAY?

Check out these FAQs to help you decide whether to invest today or not… CLICK HERE

Does Home Buyer Education Lead to Housing Stability?


Borrowers are making better choices to achieve housing and financial stability thanks to counseling programs in mortgage literacy and preparedness, home buyer outcomes, and loan performance, according to a new report from the U.S. Department of Housing and Urban Development (HUD). A study into the benefits of counseling buyers was released by HUD, titled, “The First-Time Home Buyer Education and Counseling Demonstration,” which found that programs to educate new buyers improved mortgage literacy, created greater appreciation for communication with lenders, and enhanced underwriting qualifications. HUD studied more than 5,800 prospective first-time home buyers across 28 metro areas.

buyers education

This entry was posted in Buying a Home, Mortgage, Real Estate and tagged , , . Bookmark the permalink.

Leave a Reply




Contact Information

CA Department of Real Estate Lic.# 01960213
  • facebook
  • twitter
  • linked in