If you have already met with a Homeownership Advisor or if you are ready to buy a home in the next 12 months, homebuyer education is the next step. Completing an eight-hour homebuyer workshop is required by most lenders offering special loan programs and for most down payment assistance programs. It’s a great way to learn to make good choices as a first-time homebuyer.
About PRG’s Home Stretch Homebuyer Workshops
PRG’s homebuyer workshops walk you through the home buying process. Workshop topics are presented by industry professionals, and we use the HomeStretch Curriculum designed by the Minnesota Home Ownership Center. Workshops include information on:
- pros and cons of homeownership
- working with lenders
- credit and budgeting
- special loan programs
- working with realtors
- home inspections
- what to expect at a closing
- being a successful homeowner
Workshops take place at various locations around the Twin Cities, primarily in Minneapolis. Sessions are open to any person or family thinking about buying a home. There is no minimum or maximum income limit.
There is a one-time fee of $40 per household to cover the cost of supplies (including a detailed workbook you can keep).
PRG also offers access to Framework, an online option. Framework is the only online homebuyer course designed by experts in online learning. It’s comprehensive, so you’ll have all the facts you need to navigate every step of the buying process. And you can learn when, where, and how you like. It even works on your smartphone. To get started, visit Framework. If you’d like to learn more first, watch this short overview video.
The fee to participate in Framework is $75.
Framework meets many lenders’ requirements for homebuyer education, but check with yours to make sure an online course is acceptable.
All homebuyer education participants (whether online or in person) are welcome and encouraged to connect with PRG’s free home ownership advisors for individual assistance.