USDA Rural Development Underwriting, Processing & Origination
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:
- Borrower Eligibility
- Program Benefits
- Loan Purposes
- Loan Limits
- Rate, Term Costs
- Occupancy
- Guarantee Fees
- Property Flipping
- Income Types & Calculations
- Debts & Credits
- Assets
- Eligible Properties
- Eligible Areas
- New Construction
- Repairs
- Refinances
- Underwriting & Guarantee
- Debt Ratio Waivers
- GUS
- And Much More!
Trainer Information
Diehl utilizes experienced professionals that are experts at the subject matter with deep management and training skills. They have performed the jobs, held senior management positions and served various leadership roles. Diehl is active in the National Mortgage Bankers Association (MBA) and stays connected with the agencies to remain up to date on current and future changes. Lenders clients range from national players both bank and non-bank to community banks and credit unions.
Online
USDA Underwriting, Processing and Origination Online is the most flexible way to complete your USDA Training and get updated on the most recent updates and changes in the industry. This option is available 24/7, you can complete it at your own pace, and you will receive your certificate immediately upon completion of the course.
Webinar
USDA Underwriting, Processing and Origination Webinars are available quarterly, and provide an easy way to underwriters to learn about the most recent industry updates from a live instructor with over 35 years of underwriting experience.
Private Webinar & Private On-Site
Looking for a Private USDA Training by an industry expert? Contact us below and learn more about private USDA training options for your company!
Diehl's Training on your LMS
Deploy Diehl’s USDA Training on your Learning Management System. Diehl provides the online course modules and all of the course materials. Throughout the year, Diehl provides updated modules that can quickly be uploaded to ensure that your training is always current and up-to-date.