Housing Affordability – Module 2
June 7 , 8:00 am EDT – December 30 , 5:00 pm EST
Self-paced, available on demand through December 30.
To help housing counselors take and pass the HUD Certification Exam, NCRC has launched a new self-paced HUD Prep E-Learning Series made available to you online. This series is available on-demand for you to access at your convenience.
This module has two sub-modules. Module 2.1 explains the difference between renting and buying, and how counselors help clients determine what type of housing is most appropriate for them, depending on their circumstances. We learn how to calculate housing front- and back-end ratios using consumer income and debt information. We also discuss the benefits and drawbacks of renting versus owning a home, including differences in payments, upfront costs and tax implications. We evaluate housing options and the costs and benefits of each. We explain the funds that home buyers need to close on a mortgage and money renters need to sign a lease. Module 2 covers affordable housing options. Counselors learn about the different types of mortgages and related costs, including mortgage insurance. Down payment assistance funds and sources of rental assistance are discussed, including Section 8.
This training is part of a six part series to help housing counselors pass the HUD exam. This training is self paced and can be taken at the convenience of your schedule. Register to get access.
If you have any questions feel free to contact firstname.lastname@example.org
|Early registration ends on Jun 06, 2021.|
Regular registration starts on Jun 07, 2021 and ends on Dec 29, 2021.
Late registration starts on Dec 30, 2021.
(GMT-05:00) Eastern Time (US & Canada)