Pre-purchase Homebuyer Education

VHFA requires homebuyer education prior to closing for all mortgage programs.

Benefits of Homebuyer Education

Complete the homebuyer education early in the process to put what is learned to practical use from the very beginning:

  • Learn to calculate how much home you can afford.
  • Become familiar with home buying terminology.
  • Familiarizes yourself with the home buying process.
  • Understand the steps to reach key milestones like when a purchase and sale agreement is signed, when a home inspection occurs, what is the lender appraisal and more.
  • Introduces budget planning resources to use once you are a homeowner.

Homebuyer Education in 5 Steps

  1. Select and pay for the education option by clicking on one of the buttons to the right (all options are $99).
  2. Complete the online pre-purchase Homebuyer Education course.
  3. Schedule and complete a one-on-one counseling session (instructions will be provided once you complete your online course).
  4. Obtain homebuyer education certificate upon completion of your one-on-one counseling session.
  5. Provide a copy of the certificate to your lender before closing.