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Homeownership

Classes

BCL of Texas offers the comprehensive NeighborWorks “Realizing the American Dream” home buyer education course as well as an online Money Management course to help you gain the knowledge you need to become a confident, educated and prepared home buyer.

We offer our nationally approved curriculum in both English and Spanish. Take our in-person home buyer education course at our Dallas or Austin offices, or choose from two online course offerings that you can complete from the comfort of your own home.

This course will show you how to:

  • Budget, save for a down payment, and use credit wisely
  • Pre-qualify for a mortgage and work with your lender
  • Shop for a home with a real estate agent
  • Manage purchase contracts, loan closing, and settlement costs
  • Maintain your home to protect your asset
  • Green living tips and more
On-Site Classes

Home of Our Own:
Homebuyer Education

Classes are offered on select Saturdays from 9:00am to 5:00pm. Please register a minimum of 3 days in advance to reserve your spot.

También tenemos clases en español.

In-person classes include:

  • Completion certificate
  • Catered breakfast and lunch
  • Industry experts in lending, real estate, insurance, & more

Austin Classes: 2212 S. Congress Ave

Dallas Classes: 1322 Record Crossing

Online Classes

Home of Our Own:
Homebuyer Education

Our online home buyer education courses are convenient and self-paced, allowing you to complete the course on your schedule from any location. Upon completion, a brief session with one of our HomeOwnership Specialists will answer your specific questions and set you on the path to purchasing your home.

Your online class format:

  • Completion certificate
  • Can be completed in multiple sessions
  • Approximately 6-8 hours total

También tenemos clases en español.


Save for Our Own:
Money Management

eHome America’s Money Management course empowers you to develop smart saving and spending habits, understand credit, and manage your personal finances.

What is Homebuyer Education all about?

Homebuyer Education is a service offered by BCL of Texas. The program is designed to assist first-time buyers in purchasing their homes. Training sessions cover the basics of buying a home from pre-qualification for a loan to the actual loan closing. In addition, participants have a one-on-one session with a homeownership specialist and access to other financial planning information.

Who sponsors this program?

This program is offered by BCL of Texas, a non-profit organization, and sponsored by some of the area’s largest and most respected lending institutions (banks and mortgage companies) as well as NeighborWorks America.

Who can participate in BCL's Homebuyer Education Program?

Program participants come from all walks of life. The program does not have an income limit.

Where can I take Homebuyer Education?

The class is currently offered for a small fee to Dallas area residents at the BCL of Texas NeighborWorks HomeOwnership Center at 1322 Record Crossing, Dallas, TX 75235. For all other areas, we offer an online course at a small fee, which includes one-on-one counseling over the phone with a HomeOwnership Specialist. Visit www.ehomeamerica.org/bcl for information on the online course, or call (877) 688-7457 for more details.

How do I register for a BCL Homebuyer Education class?

You can register for our Online Program by clicking here or visit our online calendar to find the next upcoming class. You can also call us to register at (877) 688-7457.

What if my family has credit challenges?

Many prospective buyers avoid this issue only to have the lender reject the loan. Mortgage lenders loan money with considerable risk, therefore they want to know that the buyer will repay the loan as agreed. They want to know how the homebuyer has paid creditors in the past. A BCL of Texas HomeOwnership Specialist will walk you through the credit report and show you what lenders look for, as well as how they address each issue.

This is powerful information and will place you ahead of other buyers as you apply for your mortgage. Mortgage delays can cause the seller to move on to other qualified buyers and frustrate the home search for the unprepared buyer.

What happens after completion of the Homebuyer Education program?

An BCL HomeOwnership Specialist will assist you with shopping for a mortgage loan product and Realtor.

What does it cost to buy a home? How do I start budgeting?

First-time homebuyers often overlook this question and underestimate the value of savings and maintaining a low level of debt. Planning your spending is the cornerstone of success in the homebuying process. The process is more expensive than most people think. Homebuyers are often surprised by the variety of costs associated with purchasing a home.

Many first-time buyers are broke after the loan closing and desperately await the next paycheck to handle normal responsibilities. BCL’s training curriculum places a strong emphasis on savings. BCL’s Homebuyer Education program will help make you an informed buyer and assist you with savings strategies.

Are there subsidies and grants to help with all of this?

BCL’s HomeOwnership Specialists will help you identify where to find government grants and subsidies relating to special first-time buyer programs.

Why is BCL involved in Homebuyer Education?

BCL Homebuyer Education helps improve the opportunities and incidence of homeownership in Texas. BCL of Texas is committed to helping enhance the stability of neighborhoods by creating wealth through homeownership. The program also offers lenders the opportunity to contribute to community improvement by investing money in neighborhoods that were previously avoided.

Where to Find Us
AUSTIN 2212 S. Congress Avenue Austin, TX 78704 P: 512.912.9884 F: 512.610.2568 NMLS #1114924
DALLAS 1322 Record Crossing Dallas, TX 75235 P: 214.688.7456 F: 214.688.7465 NMLS #1114924