Capital One Home Loans Launches Online Learning Center For First-time Homebuyers

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Jun 10, 2015, 08:55 ET

MCLEAN, Va., June 10, 2015 /PRNewswire/ -- To help first-time homebuyers along the journey to owning a new home, Capital One Home Loans today launched the Capital One Home Loans Online Neighborhood.

With multimedia content featuring informative and actionable advice, the Capital One Home Loans Online Neighborhood helps guide first-time homebuyers through the process, covering such topics as:

First steps to buying a new home
Saving for your down payment
Documents you need to apply for a mortgage
Renting v. buying
Homebuying myths
Types of available loans

"The journey to homeownership can be overwhelming, especially when you're looking to purchase your first home," said Nick Robinson, President, Capital One Home Loans. "With the Capital One Home Loans Online Neighborhood, our goal is to help potential homebuyers make informed decisions, including when and how to choose a mortgage. We're excited to welcome homebuyers to the Neighborhood and help put them on a path to becoming the savviest homeowners on the block."

To further expand its efforts to help educate homebuyers, Capital One also announced today it is providing $1.2 million in grants to help national housing nonprofit organizations, including NeighborWorks, New York Mortgage Coalition and Neighborhood Housing Services, provide homeownership education and counseling to more consumers across the U.S. These partnerships will expand the capacity of nearly 75 community organizations to provide services to 30,000 people in U.S. cities, including Washington, D.C., New York City, New Orleans and Houston.

If you're interested in learning more about Capital One Home Loans and how they can help you get home, visit https://www.capitalone.com/home-loans/direct/learning-center or call 855-510-6864.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $210.4 billion in deposits and $306.2 billion in total assets as of March 31, 2015. A Fortune 500 company with branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients.