MGIC-one of the nation's leading underwriters and providers of private mortgage insurance has recently created a FREE online resource for consumers.  What they've done is create two online classes that will provide buyer education for first time home buyers and budding landlords.  You can login and take the class at your leisure.  Once you complete the class and you pass a short test, you will receive a certificate of completion.  This MAY be able to be used for mortgage programs that require buyer education prior to closing your home.  For example, many of the grant and bond programs provided by various agencies have home buyer education as a condition of getting the loan. 

Did I mention the cost?-It's free!  This is what you need to do:  go to http://www.MGIChome.com   and look at the class. You can start it immediately.  When you are ready to take the test, you will need the lender email login.  Feel free to use ours-it is:  learning@ventureloanapp.com 

Here is a brief synopsis of the class that I've taken from the MGIC site:

So you’ve decided to make the leap and become a homeowner. Congratulations! You’ve come to the right place to prepare yourself for what lies ahead, to ensure that you go into the home-buying process with your eyes wide open.

Homebuyer Education: If you’re purchasing a single-family home:

• Study each section of the Buyers Ed Homebuyers Guide:

1. Getting Ready To Buy A Home
2. Buying Your Home
3. Getting Your Mortgage
4. Closing Your Loan
5. Being A Successful Homeowner

• Review the Buyers Ed Test tips at the end of each section.
• Take the Buyers Ed Test.

Landlord Education: If you’re purchasing a two- to four-family home:

• Study the Becoming a Landlord Guide
• As you complete each chapter, come back to the Landlord Education home page to review the Becoming a Landlord Test Tips.
• When you've finished studying, come back to the Landlord Education home page to take the Becoming a Landlord Test.

If you are in Minnesota, please stop by my website at http://www.selling.mn  You can begin your online search at this site.  You will also find a TON of info in the side bar links.   To get pre-approved for a Minnesota mortgage, visit http://www.ventureloanapp.com