CNE offers an online option for homebuyer education via eHome America. eHome America's course option provides a curriculum one can complete at their own pace. Certification is awarded upon completion. The online option carries a $99 fee. The awarded certificate is valid for one year.
Here is what you can expect the course to cover:
Are You Ready to Buy a Home?
This will help you ask yourself the right questions regarding renting versus buying.
Managing Your Money
This section is an overview regarding the importance of creating a spending plan, plus the how-to formula/key components related to the establishment of a spending planner.
Understanding Credit
We’ll discuss the importance of credit in relation to buying a home as well as other areas where credit becomes key. For example, establishing utility services, renting an apartment, getting insurance or lower interest rates. We’ll also give strategies for credit score improvement.
Getting a Mortgage Loan
We’ll explain mortgage terminology in layman’s terms and give an introduction to documents related to the process (TRID).
Shopping for a Home
This section is an introduction to the other key players involved in the homeownership journey and their roles and responsibilities related to customers.
Protecting Your Investment
These are the key components that every consumer should be familiar with prior to becoming a homeowner and should be revisited often after purchasing.
CNE offers a variety of other classes and events through the year to promote financial education and community involvement. One of those is our annual Money School event, held each April. Money School’s goal is to provide free financial education and resources to community members who seek to increase their personal finance knowledge and understanding. The event is promoted as an “everything you need to know about money” learning opportunity and covers topics including budgeting, investing, credit, homeownership and debt elimination. Money School also hosts a variety of topics for teens.
Chattanooga Neighborhood Lending
1500 Chestnut Street, Suite 102
Chattanooga, TN 37408
P 423.756.6201
F 423.756.3851
info@cneinc.org
Hours: M-F, 9 AM - 5 PM
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