Need Help? Call us today toll-free at 1-800-423-1510 Press 1

COURSE DESCRIPTION: 

The DU & LPA - "Everything from A to Z" Webinar 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

**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:

• 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)
  

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, 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