TeachMeFinance.com - explain HELP
Homebuyer Education Learning Program; an educational program from
the FHA that counsels people about the homebuying process; HELP
covers topics like budgeting, finding a home, getting a loan, and
home maintenance; in most cases, completion of the program may entitle
the homebuyer to a reduced initial FHA mortgage insurance premium-from
2.25% to 1.75% of the home purchase price.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.