Home Buyer Counseling

Homebuyer education and counseling programs are a critical component for homeownership. Because most Native families are first time - if not first generation homebuyers, they often need education on the steps required to make a successful loan application to qualify for a mortgage.

These programs can also provide assistance in learning about homeownership, its benefits, and requirements. In some cases, individuals may have poor, or no credit history, and may not be familiar with the mortgage lending process and required home maintenance activities. Some individuals may only need to attend an introductory class on homeownership, while others may require up to two years of one-on-one counseling to repair credit or reduce existing debt before they are ready to submit an application to a lender. Education and counseling can be crucial in helping an individual or family become and remain a homeowner.