BOTH CLASSES: Mortgage Underwriter 101 & Advanced Underwriting.

BOTH CLASSES: Mortgage Underwriter 101 & Advanced Underwriting.

 
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COURSE DESCRIPTION: 

These two instructor-led, 6-hour online training webinars are designed for mortgage professionals seeking to deepen their knowledge of underwriting principles. The introductory course provides a thorough review of mortgage terminolgy, best practices, and the 4 C's of underwriting. Learn the basics of credit, income, asset, and appraisal review in preparation for a successful career as a mortgage  underwriter. The advanced course builds on the fundamentals offered in Underwriting 101 by covering more advanced income, asset and appraisal review procedures. In addition, pick up valuabale tips for earning the next level of underwriting authority. Learn techniques for drafting clearer conditions and improving your loan decision communication skills. 


COURSE OUTLINE (FOR BOTH THE 101 & ADV. CLASS):

  • Increasing Product Knowledge
  • Loan Documentation Analysis Development
  • Networking Tips
  • Fixed and Military Income Review
  • Defining the Self-Employed Borrower
  • Analysis of Personal and Business Tax Returns
  • Calculating Rental Income
  • Reviewing Stock and Retirement Assets
  • Introduction to Condominium and PUD Appraisals
  • Introduction to Multi-Family and Investment Property Appraisals
  • Title Review
  • Underwriting to Mortgage Insurance Guidelines
  • Introduction to the Loan Decision
  • Examples of Loan Notes and Loan Conditions
  • Mortgage Terminology
  • Loan Programs
  • Underwriting Defined
  • The 4 C's of Underwriting
  • Underwriting Tools and Guidelines
  • Automated vs. Manual Underwriting
  • Analyzing AUS Systems Findings
  • Credit Report Review
  • Wage Earner Income Analysis and Calculation
  • Introduction to Assets Review
  • Introduction to Appraisal Review 

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.



COURSE FORMAT:

  • Course Length: 6 Hours
  • Instructor-Led Online Webinar
  • Duration: 24/7 Access for 1-Year
  • All Course Materials are Downloaded as PDF Files
  • Certificates of Completion Downloaded as a PDF File


WHO SHOULD ATTEND: 

Aspiring mortgage processors & underwriters wishing to learn mortgage underwriting, from A to Z. 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, 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 completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.


JOB SEARCH RESOURCES: 

Upon request, we can provide you with Job Search Resources which are simply considered a value added benefit of purchasing a CampusMortgage® training webinar. The Job Search Resources will be emailed to you as a PDF file, and contain various links to help in your job search process. These links include: mortgage industry networking sites, job posting sites, resume builder sites and more. Please note: The Job Search Resources are not to be considered job placement assistance as we view that as a conflict of interest.


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

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