has rolled out CreditSmart Homebuyer U, a free online resource for consumers seeking information on buying and maintaining residential property.
According to the government-sponsored enterprise, CreditSmart Homebuyer U offers six educational modules focused on a key learning principle relating to money management, credit, getting a mortgage, the homebuying process and preserving homeownership. Taking the CreditSmart Homebuyer U courses will satisfy the educational requirements for Freddie Mac HomeOne or Home Possible mortgage loans and will align with the pre-purchase content of the National Industry Standards on Homeownership Counseling and Education.
“Becoming a homeowner is an important responsibility and Freddie Mac is committed to providing the tools and resources to ensure a successful path toward sustainable homeownership,” said Danny Gardner, senior vice president, single-family affordable lending and access to credit at Freddie Mac. “The goal of this exceptional program is to empower those who are pursuing the dream of homeownership with knowledge to make informed, responsible decisions.”