Pre-Purchase Counseling

If you are planning to buy a house, a pre-purchase counseling session can answer all of these questions for you:

• How much house can I afford?
• What type of mortgage would be best for me?
• How do I know if I'm getting a good interest rate?
• How do I know if my credit score is good enough to get a mortgage?
• How can I improve my credit score?
• What are options for first-time homebuyers?
• What do I need to know about the loan application process?
• How much will closing costs be?
• What expenses should I prepare for as a homeowner?

Call (888) 511-2227 to schedule a pre-purchase counseling session, or call the Education Department at (866) 430-2227 for a complete schedule of our upcoming First-time homebuyer workshops.

Buying a home is the single largest investment most of us will ever make. However, most of us were also never taught personal finance in school or exposed to our parent's finances at home. As you prepare to buy a house, you probably have a lot of questions including what type of loan would be best for you, what type of an interest rate you should expect to get and how you will know if you are being charged reasonable closing fees.

Even if you know the answers to those questions, you may still feel uneasy about other terminology involved with home buying like earnest money, points, HUD I Settlement Statements, title insurance and or margins and indexes. If you have any questions about the home buying process or feel at all intimidated, then Advantage's homebuyer education workshops are the place to start.

It is important to be well-educated as you go into the home buying process. You owe it to yourself to spend a few hours gaining the knowledge you need to make wise choices.