Mon, Aug 21
|Chicago, IL
USDA Section 502 Direct Certified Loan Application Packaging Training
Join NeighborWorks America for this valuable training for any organization that packages or intends to package USDA Rural Development Section 502 Loans.
Time & Location
Aug 21, 2023, 9:00 AM CDT – Aug 22, 2023, 4:00 PM CDT
Chicago, IL, Chicago, IL
About the Event
The USDA Section 502 Direct Certified Loan Application Packaging course is an advanced course that covers USDA Rural Development's Section 502 Direct (502D) Loan Program and provides critical information on utilization of this homeownership financing resource that can be used to assist potential borrowers.
The advanced course will be offered over 3 days when in person or over 5 days when presented virtually.
Through this course, designed for those experienced in processing Section 502 Direct Certified Loan Applications, participants will learn the regulations and practical applications of the loan program.
Participants will develop a strong understanding of 502 Direct Certified Loan packaging standards, which will ensure that submitted loan dockets are complete and ready for processing.
Participants who attend the training and pass the on-line exam will be equipped to package 502 Direct Certified Loan Applications on behalf of parties seeking USDA-RD assistance.