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| SPECIAL OFFER: Buy 3 Classes. Get 4th Class for FREE. | $1,185.00 |
| SPECIAL OFFER: Buy 5 Classes. Get 2 Classes for FREE. | $1,975.00 |
FHA 203(k) Training - "Special Rehab Program"
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- Item #: MU-FHA-203K
COURSE DESCRIPTION:
The Section 203(k) program is the Department's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization and for expanding homeownership opportunities. Since these are the primary goals of HUD, the Department believes that Section 203(k) is an important program. Learn everything from A to Z, so you can start offering the FHA 203(k) Program and double your income!
Need Help? Call us today toll-free at 1-800-665-0249.
COURSE OUTLINE:
- Streamline 203(k) Training
- Full 203K Training
- Origination & Disclosure Requirements
- Processing & Documentation Requirement
- Disclosure Requirements & After Closing Servicing
- Completing & Underwriting the Specification of Repairs
- Underwriting the Rehabilitation Piece
- Completion of the Submission Documentation
- Managing the Repair Escrow
- Allowable Repairs
- Allowable Repairs for the Streamline K and other requirements
- OPEN FORUM Q&A - Ask The Expert
- 6-Hour Live, Instructor-Led Webinar
- All Course Material Included
- Certificate of Completion Upon Course Completion
- FREE Unlimited Training for 1 Year
- Job Placement Resources (Upon Request)
Our FHA 203(k) class is ideal for mortgage brokers, loan originators, mortgage processors, underwriters, compliance officers, closers and post-closers looking offer the FHA 203(k) program to borrowers.
HOW IT WORKS:
1. You need a Computer, Internet Connection (DSL speed or higher), and Computer Speakers.
2. Each day of class you will be emailed an invite with your log-in/password. From here, you can click the link, enter your password, and download/print that day's course materials. Finally, you'll be able to log into the class up to 1/2 hour before the class start time.
3. Once the class starts, you will hear the instructor speak through your computer speakers. You will also have the ability to ask questions through the online chat feature located on the right-hand side of our online training platform. We encourage you to ask LOTS OF QUESTIONS!
ABOUT THE INSTRUCTOR:
As an active FHA Direct Endorsement Underwriter, Bonnie has 25+ years of Government underwriting experience working for several major FHA lending institutions. Bonnie also writes a weekly FHA Underwriting Blog for the National Association of Mortgage Processors® (NAMP®). During class Bonnie works with you directly to review and respond to all your questions. After your class finished, feel free to email Bonnie directly with any further questions you may have.
SYSTEM REQUIREMENTS:
You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. Note: dial-up internet connection will not work and wireless internet must have a full signal.
GRADUATION:
Upon successful course completion, you will be emailed your certificate of completion.
STUDENT TESTIMONIAL:
"Your FHA 203(k) training class was exactly what I needed. Now that I learned how to perform the FHA 20K special rehab program, and I have now doubled my monthly income" - John Lawson, Mortgage Broker, New York, NY
OUR CLIENTS:
Our students come from such mortgage lending institutions as Bank of America, SunTrust, Wachovia, Wells Fargo, Fifth Third Bank, Eagle Nationwide Mortgage, Credit Unions and many more!
Need Help? Call Us Today Toll-Free at 1-800-665-0249.
