EL102: HUD Exam Prep - Module 2/ Housing Affordability

Jun 08, 2021 10:00am -
Dec 30, 2021 11:59pm

Event Description


EL102: Module 2 - Housing Affordability

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.

NCRC will be launching our new Learning Management System to offer you a better and more advanced learning experience in October! In order to make this transition, we will need to close registration for our current courses on September 10. If you register by then, you will have access to this training until September 30. All courses will also be transitioned to the new platform in October. 


If you have any questions feel free to contact training@ncrc.org

Event Type:Education
Category:Housing Counseling Training
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)

Register for this event