DU & LPA Workshop - "Everything from A to Z"
Need Help? Call us today toll-free at 1-800-423-1510 Press 1 for Sales
COURSE DESCRIPTION: This comprehensive online instructor-led webinar will teach you everything from A to Z as it relates to the DU & LPA process. The DU & LPA - "Everything from A to Z" course will provide students with an in-depth understanding of how the automated underwriting systems serve lenders in the mortgage origination process. DU & LPA findings, including feedback messages, are explained in detail. Gain a greater understanding of the differences between the two AUS engines and when it is appropriate to use each one.
COURSE OUTLINE:
- What is an AUS
- Factors Considered
- The Process
- Reps and Warrants
- Ordering the Credit Report
- Data Integrity
- Documentation Requirements
- Red Flags
- TOTAL Scorecard
- Lender’s Responsibility
- FNMA Desktop Underwriter
- DU Recommendations
- DU Tolerances
- Case Study DU Findings
- FHLMC Loan Product Adviser
- LPA Recommendations
- LPA Tolerances
- Case Study LPA Findings
- Underwriting without Traditional Credit
- DU and LPA Validation Services
- Uniform Collateral Data Portal
- Collateral Underwriter and ACE
- Resources
- Multiple Practice Quizzes
- Download Course Catalog >>
COURSE FORMAT:
- Instructor-Led Online Webinar
- Duration: 24/7 Access for 1-Year
- All Course Materials are Downloaded as PDF Files
- Source Links Included - Get Further Clarity & Updates
- Certificate of Completion Downloaded as a PDF File
- Job Search Resources (Upon Request)
- Download Course Catalog >>
WHO SHOULD ATTEND: Aspiring mortgage processors & underwriters wishing to learn DU/LPA fundamentals, from A to Z. Whether you're unemployed and looking to enter the mortgage underwriting or processing profession, or you're currently working at a bank or lender as an loan processor or underwriter, this DU/LPA training program will provide the skills you need to succeed as an effective mortgage underwriter or processor. Also ideal for underwriting & processing managers looking to train their existing staff on the DU/LPA process.
HOW IT WORKS: As soon as you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training IMMEDIATELY.
ABOUT THE INSTRUCTOR: Each CampusMortgage® instructor has an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more.
GRADUATION: Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.
REFUND POLICY & TERMS OF USE: Before purchasing any CampusMortgage® training class or NAMP®/NAMU® certification program, we recommend you thoroughly read our Refund Policy & Terms of Use.
Need Help? Call us today toll-free at 1-800-423-1510 Press 1