What is an HBE Credit?

Through our partnership with Mywayhome, a non-profit educational service, American United provides a variety of seminars and workshops designed to guide consumers through the administrative and financial hurdles of purchasing real estate.

Participants who complete at least one 2-hour class will receive an HBE Certificate that entitles them to certain benefits, including; reduced mortgage rates, lower closing costs and a 25% reduction in the initial Private Mortgage Insurance ( PMI ) cost, when required.

Why Does American United offer HBE Credit?

Studies show that loans from borrowers who have received face-to-face home buying education have performed better than from those who did not - a substantial benefit to lenders and borrowers.

This performance benefit improves our market cost as a lender, which we pass along to our clients to save them thousands on their home purchase.

How do I receive my HBE Certificate?

To receive an HBE Certificate you must complete at least one 2-hour class. The following upcoming classes are HBE approved: (Click here for upcoming HBE Classes)

Who Should Attend?

The HBE Credit is available for the following purchases:

• Home purchases between $150,000 - $750,000

• Owner Occupied purchases only (not available for investment purchases)

• 1-4 Family, Condominium, Townhouse Units only (not available for co-ops)

• First-Time Buyers preferred, but move-up buyers accepted

• New Jersey properties only