Homebuyer education
Pre-purchase homebuyer education and counseling
VHFA requires at least one borrower complete both education and counseling prior to closing for all VHFA programs. *
Step 1:Enroll in and complete education (2 options):
Option A: Online Education
Complete education at your own pace online. Select the option below that matches your loan program:
Option B: In Person Education
Attend an in person education class with other homebuyers. To sign up for in person education select the Vermont Homeownership Centers closest to your work or home. Go to the website for the Homeownership Center for a class schedule and registration instructions.
Step 2:Schedule and complete one-on-one counseling
You will receive instructions once you complete the online or in person education on how to schedule the one-on-one counseling. Once counseling is complete you will receive a certificate of completion that you will need to provide to your lender before closing.
*Except standalone MCC
Buying a 2-unit property?
VHFA requires landlord education in addition to the pre-purchase homebuyer education
Access and complete the education (2 options):
Option A: Genworth
- Go to Genworth education page: https://new.mortgageinsurance.genworth.com/homebuyer-education to register for landlord education.
- Read the Fannie Mae Becoming a Landlord publication https://www.fanniemae.com/content/tool/landlord-guidance.pdf.
- Complete and pass the test on the Genworth site.
- Receive completion certificate.
Option B: MGIC
- Go to the MGIC education page: https://www.readynest.com/homebuyer-resources/landlord-test.
- Read the Fannie Mae Becoming a Landlord publication https://www.fanniemae.com/content/tool/landlord-guidance.pdf.
- Complete and pass the test on the MGIC site.
- Receive completion certificate.
