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Bud Zeller's Blog

By Bud Zeller | Broker in Placerville, CA

Free online tutorial to help prepare future borrowers for homeownership

Freddie Mac is now offering a free, online CreditSmart® tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart® is a comprehensive, multilingual financial education curriculum that has reached more than 3 million consumers in 44 states through lenders, churches, schools, and non-profit organizations.

For future borrowers, the tutorial includes individual modules on banking, budgeting household income, building personal savings and credit, understanding credit scores, avoiding credit traps, getting a mortgage, and closing a loan.

For current homeowners, the tutorial includes modules tailored to help them avoid foreclosure, maintain their home and succeed as long-term homeowners.

To access the new CreditSmart online tutorial visit www.freddiemac.com/creditsmart/consumer_training.html 

More info


By Len Cornacchia,  Fri Apr 19 2013, 19:09
Great suggestion for folks that more often than not, wake up one day and want to buy a home, only to find their credit and finances prevent them from doing so.
By Mallorca Properties,  Fri Apr 19 2013, 19:35
This tutorial would be a great help! Thanks for sharing and effort!
By Ken Allen,  Sat Apr 20 2013, 11:28
Good information. Thanks for posting.
By Bud Zeller,  Sun Apr 21 2013, 13:29
Thanks for the comments.

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