This is a follow up to a previous post I wrote regarding Homebuyer Education.  As I stated before I strongly believe that these courses should be mandatory for all First Time Home Buyers and also  think there should be some type of refresher course for buyers with credit issues.  A couple of weeks ago I had a client take the course online.  I asked her to give me a testimonial regarding the course so that everyone could see the impact it had on her.

  • ..."At first when I reviewed the educational material I became so overwhelmed because the information was very intimidating especially how it kept reiterating that purchasing a home is a huge financial debt and long term commitment. As I continued through the material, I became more proactive because the information opened my eyes on homeownership like types of loans, purchasing process, building equity, and annual maintenance. I found the material so valuable and have been using it as a checklist for my very own home purchase. I definately recommend everyone to embrace this material because it is touches on every critical facet of a person's life including emotional and financial. Thanks so much..." E.J.C.

I think this goes to show that these Homebuyer Education courses are not just fluff!  You can find these courses at United Guaranty and  RMIC.

Your mortgage partner for life,  

Rey "Steak Dinner" Gallegos
Senior Loan Officer
Five Star Mortgage
Website: http://www.steak-dinner.com/
Your complete community mortgage broker
Approved in NV, CA, UT, NM, AK, and FL
Proud member National Association of Mortgage Brokers
 

3 Comments on Homebuyer Education Program Has Real Impact: Mortgage Industry

I didn't see any home buyer courses on the two links you povided, it was jusst info on MI, did I miss something?

John Thomas - Citizens Lending Group - http://www.DelawareMortgageLoans.net

09/21/2007 05:29 PM by John Thomas (Primary Residential Mortgage Inc.)

John,

Here is the link for the RMIC http://www.rmic.com/productsandservices/prehomeownershiped/borrowereducation/Pages/default.aspx

also I put the wrong address.  Here is United Guaranty's version which I like the best.  You as a Lender have to sign up then you give them login codes.

https://www.ugmiguide.com/miguide/com.ugcorp.servlets.AuthenticateUser?type=user&file=ugmiguidelogin.html

09/21/2007 05:33 PM by

Hi there....this is great......remember the person I wanted you to do a loan for?  Could you e-mail me, and I will give you his e-mail address.  This is the perfect thing for him to do before committing to a purchase:) :)

Thank you......

09/25/2007 10:04 AM by Kathy McGraw ~ Calif Broker (CELLing Realty)

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Loan Officer: Rey Gallegos Home Loan Consultant Las Vegas, NV (A Mortgage Bank)
Rey Gallegos Home Loan Consultant Las Vegas, NV
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