Description

The USDA 502 Guaranteed Loan Program provides $0 down payment financing to low-to moderate-income borrowers in eligible rural areas. Knowledge of the guidelines is fundamental to properly underwrite, process and originate USDA loans. Our 4-hour USDA training is designed to give you or your team the knowledge to produce high quality USDA loans. 

Topics discussed: 

Program Benefits 

Borrower Eligibility 

Loan Purposes 

Loan Limits 

Rate, Terms and Costs 

Occupancy Guarantee Fees 

Property Flipping 

Income Types and Calculations 

Debts and Credit 

Debt Ratio Waivers 

Assets 

Eligible Properties 

Eligible Areas 

New Construction 

Repairs 

Refinances 

Underwriting and Guarantee 

GUS 

and much more

REGISTER HERE

Use coupon code: usdauwt50