HOMEOWNERSHIP CENTER

Please Visit homeWORD's Programs:

homebuyer education
financial literacy
housing counseling
downpayment assistance

BENEFITS OF FINANCIAL EDUCATION
homeWORD offers a five-week Financial Fitness class. Click here for class description, schedule, and registration information. There is a $10 materials fee per household registration, which can be paid at the first day of class.

Through our experience with clients at homeWORD it has become more apparent that the large existing gap between income and the affordability of housing creates a major challenge for many Montana residents at meeting their basic housing needs and planning for their future. To cope with this, homeWORD has identified financial education to be a powerful tool in helping individuals gain control over their finances and ultimately, life. homeWORD is not only interested in their clients merely achieving homeownership, rather succeeding at homeownership and becoming more financially self sufficient.

There have been numerous studies that convey the overwhelming importance of financial literacy and pre purchase education. People who seek out and utilize financial education are, according to Neil Willardson of the Federal Reserve System, “less susceptible to fraud and are less likely to become entangled in financially devastating credit arrangements”. They also create a more stable local economy by making wiser financial decisions and feel more comfortable working with bankers and lenders. One of the graduates from homeWORD’s Getting Ready for Homeownership Class claims that “The information I received made all the difference in feeling more comfortable with talking to bankers, more confident about my budget, and more capable of making good choices”.