Homeownership Education by Framework

Fannie MaeBuying a home can be an intimidating process whether you’re searching for the right house or deciding on financing options with your lender. That’s why Fannie Mae has partnered with Framework, a leading provider of homeownership education. Framework offers an interactive online training course to help you understand the homebuying process and prepare for homeownership. Even previous buyers can benefit from the training as a valuable, up-to-date review.

Framework’s course meets the housing counseling standards established by HUD and the National Industry Standards for Homeownership Education and Counseling. It also fulfills the homeownership education requirement for Fannie Mae’s HomeReady mortgage.

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Gest started on the FRAMEWORK Course

What You Need to Know

  • The course has 9 interactive modules that take about 4 hours to finish.
  • You’ll complete the modules online, at your convenience.
  • Framework charges a one-time $75 fee (that covers both you and a co-borrower) for the training—a small investment to help you prepare for possibly the largest purchase of your life.
  • Once you’re done, download and save your Certificate of Completion (you may need to provide it to your loan officer).

What You’ll Learn

  • How much home you can afford
  • How to choose the best loan
  • How to lower your down payment
  • What to include in your offer
  • What happens at closing
  • What pitfalls to avoid before and after closing
  • And more