Homebuyer Education

NOTICE: Based on recent developments related to Coronavirus, the homebuyer education workshops scheduled for March 14 th and April 4th are CANCELLED.  If you are scheduled to settle on a home in March or April, please contact your mortgage lender to discuss online course options to receive a certificate prior to settlement. Fannie Mae also offers an online course that can be accessed here: https://homeready.frameworkhomeownership.org/

Be advised that there may be a charge associated with online courses.  Thank you for your cooperation.




HUD Approved Monthly Homebuyer Education Workshop 

The Department of Housing & Community Development (DHCD) has designed an initiative to promote successful homeownership in Howard County, Maryland.  Educational workshops and one-on-one counseling will be offered on a monthly basis to households purchasing a home in Howard County, and/or participating in DHCD's homeownership programs, including, but not limited to, the Settlement Downpayment Loan Program (SDLP) and Moderate Income Housing Unit (MIHU) program. The HUD-approved workshop curriculum is derived from guidelines established by the National Industry Standards for Homeownership and Counseling. Individuals and families interested in purchasing a home in Howard County are invited to attend. To meet HUD requirements, the classes will consist of a 6 hour group workshop and 2 hours of one-on-one counseling for a total of 8 hours.  The group workshops will be held one Saturday each month.  The 2 hour one-on-one counseling sessions will be scheduled with the credit agency after attending one of the Saturday classes.  Registration is required to attend a workshop.  Each person attending must be registered

 

 

The monthly 6-hour homebuyer education workshop will be presented at 9820 Patuxent Woods Drive, Columbia, MD 21046Please use the main entrance, where the Security Guard will direct you to the classroom. The workshop’s curriculum focuses on the following five areas: assessing home readiness, budgeting and credit usage, financing a home, selecting a house, and maintaining a home and post-purchase finances. 

Interested participants can register by e-mail using this link:  homebuyerclass@howardcountymd.gov

      

Class Day:  Saturday

Class Time:   9:00 am – 3:00 pm

No Admittance to class after 9:15 am

 

January 11, 2020

February 8, 2020

March 14, 2020 - CANCELLED

April 4, 2020 - CANCELLED

May 9, 2020

June 13, 2020

July 11, 2020

August 8, 2020

September 12, 2020

October 10, 2020

November 14, 2020

December 12, 2020

 

Click here for things to know about the workshop.

One-on-One Counseling Required for Workshop Attendees

All Homebuyer Education Workshop Attendees are required to complete a 2-hour, one-on-one counseling session with a HUD-approved credit counselor. Attendees will receive a certificate of completion after they attend both the workshop and receive one-on-one counseling. Appointments are available over the phone or in-person, at a time convenient for the attendee. During the session, the counselors will assess each individual’s financial situation, set up a budget, and develop personalized action plans for long- and short-term financial goals, including homeownership and credit improvement.

Completion of the workshop course, including the one-on-one counseling session, complies with the counseling requirements for the Maryland Mortgage Program (MMP) and the Moderate Income Housing Unit (MIHU) program.

Certificates are issued after completion of the homebuyer workshop and the consultation. Please note that Howard County’s certificate is not valid in Anne Arundel County, Baltimore County, Harford County or Baltimore City. If you are planning on purchasing in one of those counties, please access the Maryland Mortgage Program website at www.mmp.maryland.gov to locate the appropriate counseling agency.