Submitted by nooch-baby t3_118dshi in LifeProTips
I'm going through the home buying process for the first time and as a requirement my lender said I had to take this course with Fannie Mae. Problem is, I'm at the END of the home buying process. Wish I had access to this months ago when I was even just thinking about purchasing. It breaks EVERY STEP down in a simple easy to understand way and it's totally free. It starts all the way at the beginning with saving for a down payment, pre-qualifying, choosing a realtor -- literally any question you might have, it answers. Plus, if you're a first time home buyer like me you might be required to take it at some point in time anyway.
At this point, taking the course is almost useless to me because I'm so far through the process. But hopefully it'll be useful for you!
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Couple of edits:
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For those asking the site is https://www.fanniemae.com/education. I hadn’t added it originally because I wasn’t sure if it would break the rules.
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I am in the US, the course is focused on buying a house in the US. However I think a lot of the content such as saving, credit, choosing a realtor, etc. could be applicable in other countries. If any kind redditors post other similar resources for different countries, I’ll add them here! —> UK: MoneySavingExpert guide from Martin Lewis —> CANADA: https://www.cmhc-schl.gc.ca/en/consumers/home-buying/buying-guides/home-buying
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I am not affiliated with Fannie Mae in any way. I realize they played a part in the recession but doesn’t take away from the fact that it’s a good course.
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The course is FREE and lender independent. All that’s required to sign up is an email and password so you can save your progress. This is not an ad for Fannie Mae.
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Although I was required to take the course I recommend that ANYONE required or not take it. If you’re confused about any part of the buying process, from saving and building up credit to home maintenance and anything in between the course talks about it.