RISMEDIA, March 10, 2010—USA Cares has launched a new education course designed to provide loan officers with a clear understanding of how to work with military clients. Through the USA Cares Military Family Housing Lender Education Program-accessed online at www.usacares.org, the Participating Lender Course provides the tools and knowledge needed to effectively work with military borrowers, especially in a fast-paced and competitive market.
“This course aims to put greater numbers of military families into affordable homes through knowledgeable lenders who understand the unique circumstances brought about by military service,” says Bill Nelson, executive director, USA Cares.
The course makes sense of the military language, rank and pay system. It even outlines what happens when a service member is injured and explains how their pay will continue during hospitalization and treatment. Earning the Certificate of Completion for the Participating Lender Course indicates a significant knowledge base that active duty service members and veterans can rely on for prompt and accurate service of their housing needs. Certified Participating Lenders will adhere to specific Standards of Practice, representing a commitment to provide quality service to military borrowers.
USA Cares is no stranger to supporting the homeownership goals of military families. “We’ve paid out over one million dollars to save military family homes from foreclosure in the past three years,” says Jennifer Robinson, USA Cares director of assistance. “This new effort will help reduce the need for such assistance by supporting military borrowers and their lenders as they work together to make affordable and sustainable housing decisions.”
For more information, visit www.usacares.org.