Homebuyer Education Course Online

USDA Rural Development and Iowa State University Extension-Online Homebuyer Education Course

USDA Rural Development requires first-time homebuyers to complete education from a certified provider to qualify for the agency’s rural housing loans. Currently, homebuyer education is offered in classroom-type settings in locations throughout the state and during certain times of the year.  Many times the locations are not convenient for rural residents.  

This course is available anytime, anywhere from any computer with Internet access. The cost including the certificate is $45. Computers at public libraries, ISU Extension offices across the state or USDA offices are options for those who don’t own a computer. Information about the course can be found at www.extension.iastate.edu/homebuyer.

The online course will help prospective homebuyers decide if now is a good time to buy a home, prepare for the home-buying process and shop for a mortgage that works best for them.

Rural Development can provide loans and grants directly to qualifying individuals, providing them access to affordable, safe and sanitary housing opportunities. Rural Development’s Guaranteed Loan Program is administered by a local lender who takes the application, processes it and determines the acceptability of the home to be financed. Lenders who use this guarantee program are able to expand their markets by helping limited-income families in rural Iowa.

Loans and grants from Rural Development also are available to homeowners to assist with removing health and safety hazards from the home and make other needed improvements. 

USDA Rural Development is an equal opportunity lender with a variety of direct and guaranteed rural credit programs involving single and multi-family housing, community facilities, water and sewer development and business and industry programs.

Eleven USDA Rural Development offices in Iowa serve the 1.9 million Iowans living in rural communities.  Office locations include a state office in Des Moines, along with area offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.

The agency’s mission is to deliver quality programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity and technical assistance to finance and foster growth in home ownership, business development, and critical community and technology infrastructure.

Further information on rural programs is available by calling (515) 284-4666, or by visiting the agency’s Web site at www.rurdev.usda.gov/ia.

Contacts :

Mary Yearns, Human Development and Family Studies, (515) 294-8520, yearns@iastate.edu

Lynette Spicer, Extension Communications and Marketing, (515) 294-1327, lspicer@iastate.edu

Darin Leach, USDA Public Information Coordinator, (515) 284-4747, darin.leach@ia.usda.gov

Share |