USDA Section 502 Packaging Training for Nonprofits
Tue, Oct 20
|502 Packaging Portal
Join the select group of organizations that can help increase participation in rural housing programs across the country.
Time & Location
Oct 20, 2020, 9:00 AM EDT – Oct 22, 2020, 4:00 PM EDT
502 Packaging Portal
About the Event
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.
Following the course, participants are encouraged to take the online certification exam.