Section 502 Direct Loan Application Packaging Training

USDA Rural Development sent this bulletin at 05/06/2016 12:00 PM EDT

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May 6, 2016

Section 502 Direct Loan Application Packaging Training

For several years now, Rural Development has been partnering with the Housing Assistance Council, NeighborWorks, and the Rural Community Assistance Corporation to provide Section 502 direct loan application packaging training.

This three-day advanced course covers USDA Rural Development’s Section 502 Direct Loan Program and provides invaluable insight as to how this homeownership financing resource can be utilized. Learn how to assist potential borrowers and work in partnership with RD staff, as well as other nonprofit organizations and regional intermediaries to deliver successful Section 502 loan packages.

This course is intended for and specifically framed for those experienced in utilizing Section 502 and/or other affordable housing mortgage products. Participants will learn regulations and practical applications of the loan program, while developing a strong understanding of 502 direct underwriting and packaging standards. Following the course, participants are encouraged to take the online certification exam.

A course will be offered by NeighborWorks America via the Texas Association of Community Development Corporations on Tuesday, June 14, 2016 - Thursday, June 16, 2016 in Austin, Texas.

For more details (e.g. how to register, cost, etc.), visit the following site:
http://events.r20.constantcontact.com/register/event?oeidk=a07eclclac649c55dc4&llr=bdweaniab

For Program Information

Single Family Housing Direct Loans

Single Family Housing Repair Loans and Grants

Mutual Self Help Housing Technical Assistance Grants

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