Pre-Purchase Counseling Training
9:00AM - 5:30PM
This course is designed to equip housing counselors with the skills required to provide comprehensive counseling for homebuyers through the homebuying process and long-term sustainability of the home. Counselors will learn the principles of pre-purchase counseling including assessing homeownership readiness, affordability, budgeting, savings, credit counseling and debt counseling. It would identify roadblocks preventing a client from becoming a successful homeowner and identifying viable solutions for clients. Through interactive case studies the counselors will learn how to educate their clients on creating and maintaining a realistic budget that includes real expenses, debts and income. The training will identify and present opportunities to improve client’s financial management including increasing their savings needed to buy a home, maintain good credit, manage and reduce debts, identify predatory and discriminatory lending practices, and resources available for down payment assistance, and financing options available for low-to-moderate income borrowers.