Hoosier Homes Guide
Do I Have to Take a Homebuyer Education Course?
Homebuyer education is required for any first-time buyers on a Hoosier Homes loan. Repeat-only borrower files typically skip that Hoosier Homes education requirement.
Required When Any Borrower Is a First-Timer
Hoosier Homes does not require you to be a first-time homebuyer — but if any first-time buyer is on the loan, that borrower must complete an approved homebuyer education course before closing.
The certificate becomes part of your underwriting package. Without it, clear-to-close can stall even when credit, income, and DTI already look strong.
Your first mortgage may also require education on its own (for example, certain HFA conventional products). Ryan and Steve tell you which course satisfies both Hoosier Homes and the first lien so you only take what you need.
At a Glance
How to Clear Education Without Delaying Closing
Treat the course like a document condition — schedule it as soon as pre-approval starts.
Education Requirement by Buyer Type
| Borrower mix | Hoosier Homes education |
|---|---|
| All first-time buyers | Required |
| Mix of FTHB + repeat | Required for first-time buyers on the loan |
| All repeat buyers | Not required by Hoosier Homes alone |
| First mortgage overlay | May still require education — confirm with your LO |
Keep Exploring
Related Hoosier Homes eligibility guides and education resources.
First-Time Buyer Requirement
FTHB status is not required — but education is if any FTHB is on the loan.
Minimum Credit Score
620 minimum for all borrowers.
Income Limits
County limits vs. Targeted Area waivers.
Maximum DTI Ratio
Up to 50% DTI with AUS approval.
Home Buyer Education Hub
Fannie Mae HomeView, Freddie Mac CreditSmart, and how certificates work.
Hoosier Homes Overview
Full eligibility, counties, and cash rules.
Down Payment Assistance
Compare Hoosier Homes with other DPA.
Not Sure If You Need the Course?
Ryan & Steve will confirm first-time status and point you to the accepted education provider before closing deadlines hit.
Program guidelines, income limits, and Targeted Area maps change. This page is educational — final eligibility is confirmed when your file is underwritten against current Hoosier Homes rules. This website is not directly affiliated with or endorsed by any government agency.