We offer online homebuyer and landlord education to help you build better borrowers while you build relationships with them. We provide homebuyer education at no charge to you or your customers.
STEP 1: Register your email address as your unique Homebuyer Education code.
STEP 2: Customize these instruction sheets with your email address and share them with potential homebuyers whose lender or Housing Finance Agency loan program allows MGIC Homebuyer Education or who are looking for general information about the home-buying process:
PLEASE NOTE: Our program does not fulfill Fannie Mae HomeReady® program requirements.
STEP 3: Direct customers to our A Beginner's Guide to Homeownership at homebuyers.mgic.com. They will navigate easily through the site, which breaks the home-buying process into easy-to-digest pieces, including understanding credit, budgeting, getting a mortgage and being a successful homeowner. The site is also available in Spanish.
When your customers are ready to take the test, they register using your Homebuyer Education code. After they complete the test, you and your borrowers will receive an email notification from firstname.lastname@example.org with the borrower's contact information and their Certificate of Achievement. REMINDER: This certificate does not fulfill Fannie Mae HomeReady program requirements.
Coming soon: Borrowers will study for the Homebuyer Education Test at our new consumer site, Readynest. Launching this spring, Readynest will combine the educational study experience of A Beginner’s Guide to Homeownership with approachable first-person stories in a blog format. What’s not changing? We're not making any changes to the test itself or how borrowers register with your unique Homebuyer Education Code!
The email address you enter will become your Homebuyer Education code.