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HD410-Home Ownership Finance

Description

In this course, the first in the HDFP Certification Program™, participants learn the skills and techniques that successful housing development finance practitioners use to create affordable, owner-occupied, single family housing. This four-day course takes an in-depth look at the financing of housing and how financing affects affordability—of both the unit’s sales price and the buyer’s monthly mortgage payment. Specific topics include:

  • Home Ownership Development Overview
    • Achieves a public purpose
    • Stabilizes neighborhoods
    • Promotes economic growth
    • Establishes markets
  • Home Ownership Development Process
    • The players
    • Non-profits and public sector roles
    • Selecting and developing the site
  • Financing and Deal Structuring
    • Construction financing
    • Profit and loss statement
    • Cash flow statement
  • Qualifying Home Buyers
    • Calculating ratios
    • Verifying information
    • Evaluating credit reports
  • Home Buyer Income and Credit Barriers
    • Down payment and closing costs
    • Debt/income ratios
    • Credit history
    • Monthly payment
    • Methods of overcoming barriers
    • Lease-purchase
  • Permanent Mortgage Programs
    • Federal programs
    • Private programs

 

CM 27.50 






Classes

Add Section Location Instructor Dates Days Times Fees Details Open
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HD410-0319MN
Minneapolis MN
Aloft Minneapolis
Gray 3/26 - 3/29 Tu We Th Fr Varied $1,100.00 View
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HD410-0919AR
Arlington VA
Westin Crystal City
TBD 9/17 - 9/20 Tu We Th Fr Varied $1,100.00 View