Mortgage Underwriter 101 - "The Essentials"
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COURSE DESCRIPTION: This instructor-led online training webinar is designed for any mortgage professional seeking formal instruction on the fundamental principles of residential mortgage underwriting. The Mortgage Underwriter 101 - "The Essentials" course provides a thorough review of mortgage terminology, 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.
COURSE OUTLINE:
- Mortgage Terminology
- Loan Programs
- Loan Stacking Order
- Mortgage Roles
- Loan Originators
- Loan File Flow
- The 4 C's of Underwriting
- Reference Guides
- Underwriter Duties
- Underwriter Responsibilities
- Underwriter Skill Sets
- Underwriting Authority
- Underwriting Tools
- Agency Guidelines
- Automated vs. Manual
- AUS Findings
- Forms 1003/URLA & 1008
- Credit Report Review
- Reference Guide
- Introduction to Income
- Introduction to Assets
- Introduction to Appraisals
- Reference Guide
- 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 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/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.
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