Course Details

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 Catalog
Single-Family and Small Business Lending
Course Modality and Length
In-person 3 days
Type (Web)
In-person
Course ID
LE210

Delivery modes vary based on course. To learn more about delivering this course in your community, please email [email protected]. To view courses that are currently being offered virtually, visit learn.neighborworks.org.

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