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If you are considering buying in Baltimore city or county, you should not take this online workshop. Please view the requirements for Baltimore City and County

Sep. 6th 2017
Baltimore City Requirements

  • First-Time Homebuyers (see “Definitions” below) must complete Homebuyer Education with an organization approved by Baltimore City, and obtain a certificate of completion BEFORE entering into a contract of sale to purchase a home.
  • Move-Up Homebuyers (see “Definitions” below) must complete Homebuyer Education with an organization approved by Baltimore City, and obtain a certificate of completion BEFORE CLOSING.
Baltimore County   Requirements

  • Homebuyer Education must be received from one of the following agencies:
    • Belair-Edison Neighborhoods, Inc.
    • Diversified Housing Development
    • Eastside Community Development Corp., Inc.
    • Harbel Housing Partnership Program
    • St. Ambrose Housing Aid Center​​
  • Workshop and individual counseling must be completed and a certificate of completion received BEFORE the borrower enters into a contract of sale to purchase a home.

Also, Hartford County has specify requirements:

Harford Requirements

  • Homebuyer Education must include a minimum of two hours of one-on-one, face-to-face counseling and three hours of workshop counseling. The counseling must be conducted by a HUD-approved housing counseling agency or by a lender that uses the services of a mortgage insurer with an established education/counseling program.​



Posted by hopefinancial | in Uncategorized | 1 Comment »

HUD Raises the Bar for Housing Counselors

Dec. 19th 2016

Author: Brian Honea in Daily Dose, Featured, News December 14, 2016

image001Housing counselors participating in HUD-approved programs must now be certified in order to offer services to consumers, according to an announcement from HUD on Wednesday.

The new certification requirements call for counselors to pass a standardized written exam and work for a HUD-approved counseling agency. Congress directed HUD to develop a standardized certification program for housing counseling in response to the crisis, in order to “increase the competency of counselors in the full range of housing issues confronting consumers.” That range of issues includes protecting consumers from scams perpetrated by operators who prey on the most vulnerable consumers, according to HUD.

“Independent research shows that consumers working with a HUD housing counseling agency have better credit, more savings, and fewer foreclosures than similar non-counseled consumers,” HUD stated in its announcement.

In order to pass the examination, housing counselors must demonstrate competence in the following areas, according to HUD:

  • financial management
  • property maintenance
  • responsibilities of homeownership and tenancy
  • fair housing laws and requirements
  • housing affordability
  • avoidance of, and responses to, rental and mortgage delinquency and avoidance of eviction and mortgage default


HUD is offering training and study resources in both English and Spanish to help counselors prepare for the examination. Resources available include a practice test to be made available soon. HUD said it has target Spring 2017 as the publication date for the actual certification test. The final rule will take full effect three years from the time that the certification examination is published, according to HUD.

“Once HUD’s rule is fully implemented, housing counseling required by HUD or provided in connection with any HUD program will meet common standards and will be delivered by a HUD certified counselor working for a HUD-approved housing counseling agency,” HUD stated in its announcement.

Consumers seeking assistance will then be able to search an online database managed by HUD, containing a list of HUD-approved housing counseling agencies and certified counselors.

Click here to read HUD’s final rule.

Posted by hopefinancial | in Uncategorized | No Comments »

Pathway to Purchase ( program is available until funds run out )

Oct. 13th 2016

First Time Homebuyers Kit for Pathway to Purchase_2


PATHWAY TO PURCHASE Program Income Limits_2





Posted by hopefinancial | in Uncategorized | No Comments »

Maryland Mortgage Program (MMP)

Oct. 13th 2016


Posted by hopefinancial | in Uncategorized | No Comments »
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