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 husband and I are buying a home. 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 you should both attend the class.  

 

What do I need to bring for the HomeChoiceTM class?

All necessary materials will be provided. There is a one-hour lunch break during the Saturday class. Lunch is not provided. 

 

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. It also meets the requirement if homebuyer education is required for a loan 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 we offer an online home study course. Once you pass, you may print your own certificate right from the online tool.

 

Have other questions? Contact register@ahfc.us.