Freddie Mac announced it is now offering its CreditSmart Homebuyer U education course in Spanish. The course is a free, online resource designed to be a comprehensive homeownership education course for consumers who want to learn about the home purchase and homeownership process.
“At Freddie Mac, we are committed to providing educational resources to consumers to help them prepare for homeownership,” Cindy Waldron, Freddie Mac single-family vice president of housing insights and solutions, said in a release. “Now that we are offering this essential homebuyer education in Spanish, this valuable information is accessible to and inclusive of more people who are pursuing the dream of homeownership in America.”
The course offers six educational modules, each related to a key learning principle relating to money management, credit, getting a mortgage, the homebuying process, and preserving homeownership.
“CreditSmart Homebuyer U satisfies education requirements for Freddie Mac HomeOne and Home Possible mortgage loans and aligns with the National Industry Standards on Homeownership Education and Counseling (pre-purchase content),” Freddie Mac stated. “More than 80,000 consumers have completed CreditSmart Homebuyer U since it launched in January 2020.”