Homebuyers Education Course

Family Services Center provides a free 8-hour homebuyer training course each month covering:

  • Money Management
    • setting goals
    • budgeting (tools and considerations)
    • income/expenses
    • cost cutting measures: dining out, grocery shopping, utilities

  • Banking Concepts
    • definitions
    • financial institutions (banks, credit unions, thrifts)
    • saving options/tips
    • checking accounts (ordering and writing checks, balancing, overdraft, etc.)
    • investments (cd's, 401k, stocks, bonds, etc.)
    • additional bank services (atm's debit cards, online services)
    • bank fees (minimum balance, overdraft, etc.)

  • Basics of Borrowing
    • types of loans
    • interest rates (apr)
    • loan consolidation

  • Credit Management
    • credit reports
    • building/repairing credit
    • establishing good credit
    • credit cards
    • consumer credit laws
    • bankruptcy

  • Keeping Your Money Safe
    • predatory lending
    • federal consumer protection laws
    • identity theft
    • credit card security

  • Real-Life Issues
    • insurance & risk

  • Homeownership Preparation
    • developing a savings plan
    • finding the right real estate agent
    • increasing your borrowing power
    • creditworthiness
    • finding the right mortgage

  • House Shopping
    • deciding which house is right for you
    • comparison shopping
    • making an offer
    • negotiating the purchase

  • Mortgages
    • shopping for an affordable mortgage loan
    • applying for a loan
    • loan proccessing
    • what to do if your loan is rejected

  • Closing on your House
    • preparation for closing
    • what to expect on closing day
    • getting the keys to your new home

  • Homeownership
    • settling in
    • obligations as a borrower
    • reaping the benefits


if you would like to help or need further information, please contact us by phone: 256-551-1610, e-mail: info@fsc-hsv.org, or in person at 4092 Memorial Pkwy SW, Suite 205, Huntsville, AL 35802.