Doing anything for the first time can be daunting. Don’t let buying your first home overwhelm you.
RIHousing’s Homebuyer Education Classes help prospective homebuyers understand the process of buying and keeping a home. Check out our Steps to Buying a Home and register for a Homebuyer Education class today.
RIHousing customers who are first-time homebuyers are required to take a Homebuyer Education class prior to closing. NOTE: for co-borrowers, only one borrower is required to take the Homebuyer Education class.
First-Time Homebuyer Classes
FREE ONLINE “LIVE” VIRTUAL CLASS
Hosted by RIHousing, this FREE class is online, interactive and taught “live” by our experienced Homeownership staff. This class is offered once a month.
ONLINE “ON-DEMAND” CLASSES
Need more flexibility to take a class?
eHomeAmerica’s on-demand class features the same basic principles as our “live” class. These on-demand classes are available 24/7, are self-paced and offered in English and Spanish. There is a one-time fee of $50.
FEDERAL HOUSING ADMINISTRATION 203(k) HOMEBUYER EDUCATION
Buyers who apply for our Renovation Mortgage/203(k) loan are required to complete this class, in addition to the general First-time Homebuyer Education class. Others are welcome to take the course, which covers important information if purchasing a home needing repairs. There is a one-time fee of $15
*Please note that the completion of RIHousing’s Homebuyer Education class may not satisfy the Homebuyer Education requirements for other lenders or agencies providing down payment and/or closing cost assistance.
*Certificates obtained through a RI-based, non-profit, HUD counseling approved organization are also accepted.
Thinking about purchasing a multi-family home and becoming a landlord?
Then you’ll need to complete Landlord-Tenant education in addition to our regular Homebuyer Education class. Learn about leasing, repairs and everything else you need to know to become a successful landlord.
Offered by MGIC, this free online course can be taken any time, from any location with internet access. Click below to take the online class.
NOTE: must enter “email@example.com as the MGIC “unique code.”