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The formula for successful homeownership? Homebuyer education!

Regardless of whether you're a first-time homebuyer or you're looking to buy your next home, getting educated about the major step you're about to take is a must. The more information you have, the more likely you are to be successful.

Some loan programs require homebuyer education. Consult with your lender to make sure you fulfill your homebuyer education requirements with an approved program.

Please note, our site does not fulfill Fannie Mae HomeReady® homebuyer education program requirements.

I’m purchasing a single-family home

STEP 1: Study each section of this site: Getting ready to buy a home, Buying your home, Getting your mortgage, Closing your loan, Being a successful homeowner. You'll need about an hour.

STEP 2: Review the test tips at the end of each section.

STEP 3: After you've toured the site, show what you know and register to take the Homebuyer Education Test. Once you submit your registration information, you'll be taken to the test, where you'll be asked a series of questions drawn from the material you just reviewed. It's "open book" and should take 15 to 20 minutes.

Click here to begin studying

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I’m purchasing a 2- to 4-family home

STEP 1: Study Fannie Mae's Becoming a Landlord Guide

STEP 2: As you complete each chapter, review the Becoming a landlord test tips

STEP 3: After you've toured the site, show what you know and register to take the Landlord Education Test. Once you submit your registration information, you'll be taken to the test, where you'll be asked a series of questions drawn from the material you just reviewed. It's "open book" and should take 15 to 20 minutes.

Click here to begin studying

 

HomeReady® is a Fannie Mae trademark.

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