The American dream of homeownership is an exciting experience, but it may be difficult or a downright nightmare, particularly for people with poor credit records. That’s why ISU Extension is offering a new online course for homebuyers. A Place of Your Own will help Iowans -- regardless of income level -- decide if now is a good time to buy a home.
According to Mary Yearns, ISU Extension housing specialist and course author, “A Place of Your Own lets you focus on finding a home that fits your needs and your budget. It will help you prepare for the home-buying process and shop for a mortgage that works for you.”
The online course is launching in June, National Homeownership Month. It will be available anytime, from any computer with Internet access; cost is $45. Participants who complete all the online lessons may take a certification exam. A passing grade earns a homebuyer’s certificate that can be taken to a local lender.
“Many home loan programs, such as those through USDA Rural Development, require completion of a home buyer class to qualify for a loan,” Yearns explained.