Borrower Protection Acts - "A Complete Overview"
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COURSE DESCRIPTION: This course has been designed to instruct underwriters on how to proceed with a mortgage underwriting case file review of an FHA file. The Case File Underwriting Review - "FHA/VA Loans" course will teach students how to complete an underwriting review on a fully processed FHA case including how to review the credit report, income documentation, asset documentation, contract of sale and appraisal report. Additionally, required disclosure and compliance review will be discussed. Underwriters will also be trained to recognize certain file triggers/red flags and will know when to ask for further documentation that has not been addressed by the AUS.
- Overview of Government Lending
- Comparison Matrix
- Automated Underwriting
- Manual Underwriting
- FHA Case File Review
- FHA Resources
- VA Case File Review
- VA Resources
- Multiple Practice Quizzes
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- 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)
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WHO SHOULD ATTEND: Aspiring mortgage processors & underwriters wishing to learn mortgage underwriting, as it relates to case file review. Whether you're unemployed and looking to enter the mortgage underwriting profession, or you're currently working at a bank or lender as an loan processor or underwriter, this mortgage underwriter training program will provide the skills you need to succeed as an effective mortgage underwriter. Also ideal for underwriting managers looking to train their existing staff on proven underwriting principles.
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.
SYSTEM REQUIREMENTS: You will need the following: 1) a Computer/Tablet, 2) Internet and 3) Computer Speakers. Please check beforehand to make sure these items are working properly.
GRADUATION: Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.
Need Help? Call us today toll-free at 1-800-423-1510 Press 1