Colorado Free University

House Hacking 101 How to Live Mortgage Free (or Close to It) House-hacking is the cool new term for an old trick: Renting out a portion of your home to generate income. We’ll cover the different house hacking models—from rent- by-the room, to a basement apartment, to a true multi-unit purchase and more. Hear real-life examples of people who have successfully cut down their monthly mortgage with house hacking. If you already own a home or are considering purchasing a house or an investment, this is a great class for reducing your mortgage costs, creating financial independence, and living a FIRE lifestyle. This class is appropriate for all experience levels. James Carlson is a real estate agent in Denver and Colorado Springs working with buyers, sellers and investors. Along with his wife, Erin, he owns five properties and has helped numerous clients achieve house hacking success. FREE! Non-Member FREE! Member ONLINE : Via Google Hangout 3122AD: One Mon., 6:30–8:30PM 5/3 Buying Your First Home Buying your first home can seem overwhelming. So much money and all those legal documents! This class offers a broad overview of the buying process. Get an eagle-eye of the Denver real estate market and an understanding of the buying process. Find out what an agent does and what to shop for when you engage an agent. Learn how to find a good lender, how different loans are better for different purchases, and how to get prequalified. Know what each document in the buying process means and what you’ll need along the way. James Carlson is a real estate agent and has been teaching at CFU since 2016. He gives 2.8% of every transaction to a charity. Class is free, but you must register to attend. FREE! Non-Member FREE! Member ONLINE : Via Google Hangout 6810AR: One Mon., 6:30–8:30PM 4/5 Get Your Home Loan Approved! Insider Tips on Mortgage Under- writing The mortgage approval process is called “underwriting” and if you want a home loan you need to know how a loan is approved. This class will arm you with the crucial knowledge to prepare for the next steps of home buying. Leave class with an understanding of what you need to demonstrate and document to get a loan and why your real estate agent wants you to be “pre-approved” for a mortgage before looking at houses. Find out about down payments, debt, credit scores, and more. Get tips on how you can improve your chances of qualifying for a mortgage. Carol Core is a senior loan officer with Security First Financial and has been in the mortgage industry for nearly 15 years. Carol loves working with her clients, helping them realize their dreams of home ownership and takes extra time with first time homebuyers to ensure they understand and feel comfortable with the daunting process of home buying. Class is FREE but you must register to attend. FREE! Non-Member FREE! Member ONLINE : Via Zoom 3503DX: One Thu., 6:30–8:30PM 4/15 3503DY: One Thu., 6:30–8:30PM 6/17 Reverse Mortgage Bring Your Own Lunch & Learn Are you at least 62 years old and do you own your home? Would you like to remain in your home for as long as possible with no monthly mortgage payments or down- size and have extra cash to spend as you please? If you answered yes, you might be a good candidate for a government-insured HECM reverse mortgage loan. Carol Core , a senior loan originator, invites you to lunch while you learn. During this informational class, Carol dispels the myths and shares important details about today’s reverse mortgage loans. Learn how you can convert the equity in your home into TAX-FREE CASH. With a reverse mortgage you have no more monthly payments, and you can access funds to pay off bills, buy long-term care insurance, travel, or just improve your quality of life. See for yourself why millions of U.S. homeowners have used a reverse mortgage. Carol will provide drinks and dessert. Class is free, but you must register to attend. FREE! Non-Member FREE! Member ONLINE : Via Zoom 3507AH: One Wed., 11:30AM–1:30PM 4/7 3507AI: One Wed., 11:30AM–1:30PM 6/16 How to Buy a House with $1000 Down You have a decent job, you pay your bills on time, and your credit scores look good, but it seems so hard to come up with money for a down payment. Luckily, in today’s real estate market, there are programs that offer homebuyers a chance to purchase a home for as little as $1,000. Join this class hosted by real estate expert Donna Sackett and lending expert Carol Core and learn the details of incredible financing options available to buyers without a lot of cash. Donna Sackett is a realtor with Coldwell Banker, with nearly 20 years of experience. Carol Core has been a licensed loan officer for over nine years and is currently with Security First Financial. Donna and Carol work as a cohesive team and pride themselves in taking extra special care of first-time homebuyers, helping them to realize their dream of home ownership. Class is FREE but you must register to attend. FREE! Non-Member FREE! Member ONLINE : Via Zoom 6822CG: One Wed., 6:30–8:30PM 4/14 6822CH: One Wed., 6:30–8:30PM 5/19 6822CI: One Wed., 6:30–8:30PM 6/23 6822CJ: One Tue., 6:30–8:30PM 7/20 Custom Build Your Own Home for Only 3.5% Down Have you always dreamed of buying a piece of land and building your own home but though it was cost prohibitive? Traditionally, building your own home would mean at least 25% down for the land, then another 25% down for a temporary construction loan. Then, once the house is finally completed, you’d need to requalify for a permanent mortgage loan. In short, it was an expensive process and a huge hassle! This class introduces you to a program that will make building your own home simpler. It rolls all your costs into a one- time qualification and close, and all for only 3.5% down. Carol Core is a senior loan officer with Security First Financial and a long-time instructor for CFU. Donna Sacket is with Coldwell Banker and has been a seasoned realtor for over twenty years. Class is free, but you must register to attend. FREE! Non-Member FREE! Member ONLINE : Via Zoom 6823T: One Wed., 6:30–8PM 4/28 6823U: One Tue., 6:30–8PM 6/22 Go to www.freeu.com to view complete course descriptions and instructor bios. 44 Real Estate Free Classes! Free Classes! Free Classes! Free Classes! Last chance for classes with James Carlson