WAITING LIST FOR FUTURE COURSES-USDA Rural Development 502 Direct Certified Packaging Training 092021-9
This event is now closed.

USDA Rural Development 502 Direct Certified Packaging Training 

Certificate of Completion will be available at the conclusion of the training for those who have full attendance and participation in the 5-day course. 

Date & Time:

This is the same course typically offered at in-person trainings, however unprecedented times call for unprecedented solutions. 

The 5 day course will be held on the following dates:

September 20 | 11:00 AM - 3:00 PM 

September 21 | 11:00 AM - 3:00 PM 

September 22 | 11:00 AM - 3:00 PM 

September 23  | 11:00 AM - 3:00 PM 

September 24 | 11:00 AM - 3:00 PM 

Description: 

This five-day online, interactive presentation is an advanced course that covers RD’s Section 502 direct loan program and provides invaluable insight into how this homeownership financing resource can be used in your communities. Learn how your organization can assist potential borrowers and work in partnership with RD staff in your state to deliver successful Section 502 loan packages. Through this course, designed for those experienced in using Section 502, participants will learn the regulations and practical applications of the loan program. Participants will develop a strong understanding of 502 direct underwriting and packaging standards, which will ensure that submitted loan dockets are complete and ready for processing.

This course and the on-line exam are two of the criteria required to becoming a 502 Direct Certified Loan Packager. For more information on the 502 Direct Certified Packaging Process and associated packaging fees, go to https://www.rd.usda.gov/sites/default/files/RD-SFH-BecomingAPackager.pdf, with additional resources at https://www.rd.usda.gov/programs-services/services/direct-loan-application-packagers. But most importantly participants who attend this five-day training and pass the on-line exam will be better equipped to package 502 loan applications on behalf of parties seeking USDA-RD assistance. The course is also excellent for Mutual Self-Help Housing grantees who want to build their skills in packaging loans for participating households.

·      Attending all 5 days is a requirement to be able to take the certification exam. 

·       If this course offering doesn't fit with your schedule, there may be additional course offerings later this Summer by one of the approved training agencies.

This training will be hosted on Zoom with links sent out 1 week prior to course start date. 

Registration & Early Bird Discount: