STEP 5: HOMEBUYER EDUCATION PROGRAM
The Homebuyer Education Program is designed to support and educate qulified applicants about the process and responsibilities involved in pursuing, purchasing, and owning their first home. Participating in ALL components of the Homebuyer Education Program is a requirement of participation in Cape Fear Housing Land Trust’s Homeownership Program as well as many mortgage loan packages for first-time homebuyers.
CREDIT COUNSELING
One of the most important steps to successful homeownership is making sure your credit is in good order. With this in mind, Cape Fear Housing Land Trust requires that all participants meet with a Certified Credit Counselor to discuss their finances and credit. The Land Trust makes this service available, free of charge, to all its qualified applicants.
HOMEBUYER EDUCATION COURSES
One of the goals of Cape Fear Housing Land Trust is to equip our homeowners with the knowledge needed to succeed in their new homes. The Land Trust has combined efforts with other affordable housing organizations to provide Homebuyer Education Courses. Typically, classes run for 10 weeks and are under 2 hours in length per class.
Attendance is mandatory and topics will include,
but are not limited to:
Community Land Trust Homeownership 101
Mortgage 101
Budget Basics/Credit Tips
Banking 101
Home Decorating
Safety
Home Maintenance – Part I
Home Maintenance – Part II
Family Law Clinic
Celebrating Empowerment
Please contact J. Clark Hipp, Interim Executive Director at 910.399.4191 for more information about the Homebuyer Education Program.
