What are the requirements for ‘renewing’ a pre-purchase homebuyer certificate that has expired? Occasionally a homebuyer receiving down payment assistance may find that their certificate expires before their closing date. Would they be required to repeat the entire curriculum to receive a renewed certificate?
Date Published: January 2018
The Housing Counseling Agency (HCA) issuing the pre-purchase homebuyer certificate determines whether a pre-purchase home buyer certificate has an expiration date, and under what circumstances it may be renewed.
Additionally, if a homebuyer is seeking a renewed pre-purchase homebuyer certificate directly tied to receiving down-payment assistance the local jurisdiction, agency, or lender providing the down-payment assistance may have guidelines in place indicating the homebuyer housing counseling requirements and permissible timeframes for fulfilling those requirements