FAQs

Who should take the HomeChoiceTM class?

Anyone who is interested in learning more about the homebuying process, how to prepare for homeownership and how to access local and federal programs available that reduce the cost of homeownership.

 

Is there a cost for the HomeChoiceTM class?

There is no cost to take the HomeChoiceTM class. In fact, if participants choose to get an Alaska Housing mortgage within two years of course completion, they are eligible for up to a $250 certificate toward the commitment fee.

 

My partner and I are buying a home together. Do we both have to take the class?

You may be benefit from a loan program that requires both individuals to attend. Speak with your lender or down payment assistance provider to determine whether both borrowers are required to obtain a certificate.

 

What do I need to bring for the HomeChoiceTM class?

For in-person classes, all necessary materials will be provided. There is a one-hour lunch break and while lunch is not provided, we do have coffee, tea, and a vending machine with limited options.

 

How long is the certificate valid?

The certificate is valid for three years.

 

What is the certificate good for?

The certificate is good for up to $250 off of any Alaska Housing program commitment fee. Make sure to ask your lender if our class meets the requirements of homebuyer education for your mortgage program.

 

Will the instructor be able to recommend real estate professionals/lenders for me?

Alaska Housing does not recommend lenders or any real estate licensees.

 

I don't see any classes offered in the community in which I live. Can I still get the certificate?

If you cannot attend a class in-person, you can still attend a live class via webinar. You can view our schedule here. We also have an online home study course that can be taken at your own pace. Once you pass, you may print your own certificate right from the online tool.

 

Have other questions? Contact register@ahfc.us.