Florida Housing Finance Corporation (FHFC) FL First Bond Loan

First-Time Homebuyers must complete a Program-approved, in-person or online, PREPURCHASE, homebuyer education course. The Homebuyer Education course must satisfy standards defined by Housing and Urban Development (HUD) or the National Industry Standards for Homeownership Education and Counseling. Post-closing education is absolutely unacceptable. Education provided by a mortgage insurance (MI) company is acceptable. Please note: Lender is responsible for ensuring that the MI provider’s course being offered through the MI provider (directly or through a partnered course provider) meets the standards as directed above as not all MI courses satisfy HUD or National Industry Standards for Homeownership Education and Counseling. Certificates of completion are acceptable for 2 years from the date of completion. All borrower(s), and spouse, even if spouse is not on the loan. Any party appearing on the deed would need to attend. (Unless qualifying under the Veterans Exemption or purchasing in a Targeted Area.)