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VHDA began its partnership with the military with the mission of educating military service members and their families about the homebuying process from start to finish and how to stay on track as a responsible homeowner.
The benefits of the partnership include teaching onsite military homebuyer education classes, combining the expertise of military financial educators with that of VHDA's housing education team to teach topics including: Personal Finances, Credit and Credit Reporting, Working with a Lender, the Role of the Real Estate Agent, the Home Inspection, Loan Closing, and the benefits of developing a savings and spending plan.
Participants have an opportunity to interact with local subject matter experts, including nonprofits, lenders, real estate agents, home inspectors, and settlement agents who share their knowledge and experience about homeownership.
The partnership has taught more than 300 classes, thereby educating and empowering over 3,700 participants to become knowledgeable buyers and successful homeowners, all of whom receive the VHDA Homebuyer Education Handbook and a Certificate of Completion.