Mortgage & Home Equity Loan Glossary


Homebuyer Education Learning Program

An educational program from the FHA that counsels people about the homebuying process, HELP covers topics like budgeting, finding a home, getting a loan, and home maintenance. In most cases, completion of the program may entitle the homebuyer to a reduced initial FHA mortgage insurance premium, from 2.25% to 1.75% of the home purchase price.

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