Course Details

LE210 USDA Section 502 Direct Loan Application Packaging: Affordable Rural Homeownership

Delve into the USDA Section 502 Direct Loan Program and master the certified application packaging process. Explore regulations, income calculations, credit review, and documentation requirements to ensure complete and accurate loan submissions. Learn to guide applicants through eligibility, property submission, underwriting, closing, and servicing, including subsidy recapture. Through practical exercises and real-world scenarios, develop the skills to prepare compliant loan packages and collaborate effectively with Rural Development staff. Ideal for experienced professionals, this course empowers you to support affordable rural homeownership and strengthen your organization’s capacity to deliver successful 502D loan applications.

Course Type: In Person

Course Length: 3 days in person

 

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