Home Buyer Education
EDHRC offers clients workshop classes in person group sessions an online course through e-Home America. The online course is then followed up with counseling services geared directly around the client’s purchase and financial circumstances. The counselor and client review all documents associated with the loan and discuss long-term goals related to savings and additionally discuss strategies centered on how to make mortgage payments when there is a loss of income and mortgage default becomes a possibility. The client total financial makeup is reviewed.
This includes savings, credit report, financial goals, and current budget. The counsellor works with the client to identify down payment assistance programs, understand the different loan products that are available, and the client is given the tools to identify real estate professions to assist with their transaction. Counseling is offered via face-to-face, internet or phone dependent on the client’s schedule and needs.