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Proposed Amendments to SFHGLP: Credit and Refinance

$19.99

Explore the proposed changes to the Single Family Housing Guaranteed Loan Program by the USDA’s Rural Housing Service. This course details the introduction of a seven-year time frame for considering previous agency loss claims as derogatory credit and the updated requirements for refinance transactions. Gain insight into how these changes aim to provide a fair opportunity for credit re-establishment and streamline the refinancing process for rural homeowners.

In this course you will learn the following:
* Understand the purpose and intent of the proposed rule changes to the SFHGLP.
* Recognize the significance of public participation in the rule-making process.
* Identify the potential changes and their implications for applicants and lenders.

NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year.  At the end of the one year term, the course will be set to “inactive”. 

Why This Course is Important
Without this course, you might miss out on crucial updates affecting your ability to navigate credit re-establishment and refinancing processes in rural housing effectively.

Course Details
This is a self-paced eLearning course based on the Federal Register Document titled Single Family Housing Guaranteed Loan Program.

Key regulatory references include:

Course SKU
FR-24-058-1