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Frequently Asked Questions

Does readynest meet lender's homebuyer education requirements?

MGIC designed Readynest to take you through key homeownership topics step-by-step, so you can feel more confident throughout the homebuying process. Are you taking this test to meet your lender’s homebuyer education requirements? Our free program doesn’t meet requirements for all loan programs, so we don’t want you to waste your time!

Does home possible® meet Freddie Mac homebuyer education requirements?

*Please note, while our program meets Freddie Mac Home Possible® homebuyer education requirements, it doesn’t meet requirements for Fannie Mae HomeReady® or HFA Preferred®. HomeReady® and HFA Preferred® are registered trademarks of Fannie Mae. Home Possible® is a registered service mark of Freddie Mac.

How can I Help my borrowers fulfill homebuyer education requirements?

Help your borrowers fulfill homebuyer education requirements* and become better borrowers with our no-fee homebuyer education program, hosted on Readynest in English and Spanish. Generate leads with your unique Homebuyer Education Code – borrowers can use it to register for the test.

What is homebuyer education?

What Is Homebuyer Education? Our Homebuyer education course provides a home buying timeline with advice for each step of the journey so you feel confident buying your first home.’s curriculum is designed to help you understand the mortgage and buying process so you can make better, smarter home buying decisions.

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