Pennsylvania Home Buyer

First time home buyer classes in PA

Many first time home buyers tend to be overwhelmed by the home buying process. If you’re like many first timers, you want to know if you're able to to buy a house. You want to know if you’re eligible for a lower interest rate . . . and special financing.

If you feel even a little intimidated by the whole home buying process then the homebuyer education workshops are for you.

Drawing of counselor with home buyers The home buyer counseling agencies will teach you the the basics of home buying, including: mortgage financing, how to qualify for a mortgage (home loan), how to shop for a home, and how to prevent foreclosure.

Home buyers with a FICO credit score lower than 660 are required to attend a credit counseling and home buyer seminar prior to closing on their PHFA loan.

The approved counseling agencies can also assist homeowners who are behind on their mortgage payments and may be facing foreclosure. Other services include pre-purchase and credit counseling.