First-time homebuyer courses from Cambridge Credit Counseling

Enroll in the eHome course Enroll in the Framework course Landlord education

What the Course Covers#

Cambridge Credit Counseling’s first-time homebuyer counseling includes a required homebuyer education course. For borrowers who have had past credit challenges or who are applying for down payment assistance, the counseling also includes a one-on-one financial wellness assessment.

• A first-time homebuyer education course
• A one-on-one financial wellness assessment for certain borrowers

Why Lenders Ask for This Course#

Cambridge Credit Counseling administers a homebuyer education course that can be used toward mortgage programs that require the 8-hour HUD/USDA course. The same course can also be used toward down payment assistance programs that require certification, which is why some lenders and assistance programs ask buyers to complete it before closing.

The eHome America Course

Cambridge Credit Counseling offers the eHome America course, which is based on NeighborWorks America’s Realizing the American Dream curriculum and meets the National Industry Standards for homebuyer education. The course can be used toward programs that require the 8-hour HUD/USDA course, and toward down payment assistance programs that require certification. The eHome America course costs $99.

The course covers:

• Steps of the home buying process
• Preparing for the expenses of homeownership
• Financial management of homeownership
• Post purchase tips

Enroll in the eHome course

The Framework Homeownership Course

Cambridge Credit Counseling is also authorized to administer the Framework Homeownership course. It qualifies as the homebuyer education requirement for most local and national mortgage loan products, and for first-time homebuyer incentives that carry an education requirement. The Framework Homeownership course costs $99.

Enroll in the Framework course

Landlord Education for Massachusetts, Connecticut, New York and Rhode Island Residents

Cambridge Credit Counseling offers one-on-one landlord training that covers what it takes to be a knowledgeable and responsible landlord. All course materials are provided at registration, and certification requires a one-on-one appointment in person or by phone. Landlord education is available to Massachusetts, Connecticut, New York and Rhode Island residents only. The landlord course costs $125. To register, call (800) 757-1788.

HUD-Approved Agency Status#

Cambridge Credit Counseling is approved by the U.S. Department of Housing and Urban Development to provide housing counseling services throughout the country, including first-time homebuyer courses. Cambridge Credit Counseling provides foreclosure intervention and default counseling to residents of Massachusetts, Connecticut, New York, Missouri and Kansas. Cambridge Credit Counseling is a HUD-approved housing counseling agency offering help with many types of housing issues.

Cambridge Credit Counseling’s Background#

Cambridge Credit Counseling is a 501(c)(3) not-for-profit agency established in 1996 that has provided credit counseling and financial literacy education to consumers nationwide since it began. Cambridge Credit Counseling is a member of the National Foundation for Credit Counseling and the Financial Counseling Association of America.

How to Enroll#

Prospective homebuyers can speak with a counselor at Cambridge Credit Counseling by calling (800) 757-1788 to enroll in the first-time homebuyer education course and learn whether the one-on-one financial wellness assessment applies to their situation.

What to Do Next#

If you are planning to buy your first home, call Cambridge Credit Counseling at (800) 757-1788 to speak with a HUD-approved housing counselor about enrolling in the homebuyer education course and getting the paperwork lenders or assistance programs may require.