LATE CE 1 Hour SAFE Elective: Affordable Housing OSS (16873)
Description
In this course, we are going to talk about the affordable housing crisis and what MLOs can do to help combat it. In Chapter 1, we will discuss what is causing the crisis by analyzing the Joint Center for Housing Studies of Harvard University “The State of the Nation’s Housing”. In Chapter 2, we will discuss the potential programs out there being offered by the GSEs to help borrowers get into homes.
NMLS Provider ID #1400062
Late CE 1 Hour SAFE Elective Course ID #
$25.98
Course Objectives
- Understand the reasons for the affordable housing crisis
- Describe the facts and figures from the “State of the Nation’s Housing 2023” study
- Discuss how things have been changing over the last few years
- Relate the fair lending and legal concerns surrounding the affordable housing crisis
- Understand the conventional options aimed specifically at affordable housing
- Describe what a Housing Finance Authority is and how HFA loans work
- List some tools for finding and assisting borrowers with finding affordable housing options and down payment assistance programs
