How can I become a homeowner?
Learn the things you need to know about how to figure out what you can afford, deciding whether to build or buy, shopping for a home, credit and credit scores, different types of mortgages and home buying programs, down payment assistance programs, and what to expect in the home buying process and as a new homeowner. Classes are FREE and scheduled twice monthly on Saturdays from 8 am to 4:30 pm or on Tuesdays and Thursdays 5:30 pm to 8:30 pm in Russellville or at alternate sites based on demand. Call 479-968-5001 to register for the next class. Homebuyer class can be interpreted for Spanish speaking individuals if needed with advance notice.
Upon completion of the seminar, you will be issued an Arkansas Department of Finance Authority certificate that is a prerequisite for assistance toward a down payment or closing costs on a new home. Anyone who will be on the mortgage loan must attend this class (e.g., both husband and wife).
Homebuyer Class can also be taken online at ehomeamerica.org/uhdc for a fee of $99.00. This online version is interactive and can be completed at your own pace in either English or Spanish.
It's All Mine! Now What?
Post Purchase Class is a 4 hour workshop on home repairs and improvement as well as different types of financing that can be used to meet home repair goals. We cover energy-efficiency,green products and practices, as well as basic information on credit and budgeting, avoiding mortgage delinquency/foreclosure prevention, fair housing issues and avoiding predatory lending. The goal is to help homeowners prioritize home repair needs and provide information on how best to accomplish those needs.