After attending a Homebuyer Orientation session , prospective homebuyers can then attend one of CHI’s more comprehensive Homebuyer Education courses. These courses provide participants with the information that all first-time homebuyers should know in order to make well informed decisions and become an empowered and educated consumer. Course topics include:
- Assessment of Homeownership Readiness
- Budgeting & Credit
- Financing a Home
- Shopping for a Home
- Maintaining a Home
- Managing Homeownership Finances
Classes are held every month in Westchester and Long Island, and CHI now offers a new online homebuyer program through eHome America. Participants who complete any of these education programs are eligible for a range of CHI services, including affordable mortgages through participating lenders and down-payment and closing-cost assistance loans and grants.
eHome America Online Education
This comprehensive online homebuyer education program is designed for first-time homebuyers who need an education certificate to qualify for a specialized mortgage. The program can be completed at your own pace, and quizzes are given throughout to ensure understanding.
A one-on-one counseling session with a CHI educator is also required before a certificate will be issued.
Call (877) HUD-COUNSELING for more information.
Click here to register for the eHome America Homebuyer Education program.
Fast Track™ to Homeownership One-Day Course
This one-day accelerated eight-hour course is designed for those first-time homebuyers who are ready to buy within 90 days and/or already have a purchase contract and a loan commitment from a bank. Upon completion of the Fast Track™ course and a two-hour, one-on-one counseling session, the homebuyer(s) will receive a certificate of completion from CHI.
First Time Homebuyers Course (FTHC) – English Class
2 Consecutive Thursdays
This 8-hour class held over two-consecutives evenings is designed to satisfy the needs of a first time homebuyer who may need additional assistance to become homeowners. This first time homebuyer class provides in-depth instruction on the steps towards homeownership. Some loan/grant programs with special mortgages for first time homebuyers, require applicants to attend an 8-hour class as part of their loan/grant approval process. The Homebuyer Education Class* must be completed prior to purchase/closing on a property.
Thursday, February 9th, 2017 Session 1
Thursday, February 16th, 2017 Session 2
Westchester – First Homebuyers Club (FHC)
Thursday, March 9th, 2017 Class 1
Thursday, June 8th, 2017 Class 2 sponsor – Webster Bank
Thursday, September 14th, 2015 Class 3
Spanish Class (TBD)
Thursday, April 16th, 2017 Class 1
Thursday, May 21st, 2017 Class 2
Thursday, June 18th, 2017 Class 3
First Home Education Course (In Spanish)
This eight-hour class held over three nights in four weeks is designed to satisfy the needs of families that do not yet have a mortgage commitment and/or a contract to purchase, but wish to become a homeowner in three to seven months. These individuals typically need two to three counseling sessions to prepare for homeownership.
Club de Educación Para Primero Compradores de Casas
2 Jueves Consecutivos*
Esta clase de 8 horas se lleva a cabo en dos Jueves consecutivos por la noche y está diseñado para satisfacer las necesidades de las familias que hablan Español que deseen convertirse en propietarios de su propia casas. Estas clases proporcionan la instrucción profunda en los pasos necesarios a los interesados en comprar su primera vivienda. Algunos préstamo/programas de subvención, como el Club de Primeros Compradores de Casas, exigen a los solicitantes asistir a una clase de 8 horas como parte de su solicitud de préstamos/admisión al club. La clase de educación para compradores de vivienda debe completarse antes del cierre.*
Es obligatorio registrarse.
Límite de: 20 y un máximo de 2 asistentes por hogar.
* Además, cada participante recibirá 2-horas de educación y consejería personal.
First Home Club
The First Home Club is an innovative group approach to homebuyer education that includes a built-in savings plan. Participants in the First Home Club receive ongoing counseling in groups comprised of five to 20 families. Clients participating in this program will also attend the three-part First Home Education Course described above, plus meet two-to-three more times as a group with CHI counselors. In addition, First Home Club participants will enroll in a matching savings program where they will earn $4 in grant monies from a participating Federal Home Loan member bank for every $1 they save over a 10-24 month period. At the end of the program, participants who have saved up to $1,875 will receive a grant of up to $7,500, for a total of $9,375 available for a down payment on a new home.
Click here for the application. Please mail or deliver the completed application with the required documents to:
Community Housing Innovations, Inc.
75 S Broadway, Suite 340
White Plains, NY 10601