USDA 502 Direct Certified Packaging Training 091222-9
This event is now closed.
Event Date & Time9/12/2022 9:00 AM - 9/12/2022 1:00 PM
Times listed are Pacific Time.
USDA 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 new online course, covering the same materials offered at in-person trainings.
The USDA 502 Direct Certified Packaging Training will be held on the following dates and times:
September 12 | 9:00 AM - 1:00 PM
September 13 | 9:00 AM - 1:00 PM
September 14 | 9:00 AM - 1:00 PM
September 15 | 9:00 AM - 1:00 PM
September 16 | 9:00 AM - 1:00 PM
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 online 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, additional course options can be found at https://www.usda502directtraining.org
This training will be hosted on Zoom and Moodle with links and additional course information will be sent out 1 week prior to course start date. It is an interactive class and participants will need a computer with good internet connection. Participants will also need a speaker and microphone, which can either be through the computer or a phone, which would need to be in addition to the computer.
Registration & Early Bird Discount:
The fee to attend this 5-day training is $500.
Register before 8/21/2022 to receive an early bird discount registration fee of $450.
Registration deadline is 9/2/2022 at 11:59 PM or when capacity has been reached.
The registration link below will register you to attend the complete series.
This course fills quickly, so register early!
Payment will be due at time of registration.
If capacity has been reached for this course, please register for the waiting list here.
(916) 447-9832 ext. 1429