| Course/Product Descriptiones |
| Title: | Underwriter Boot Camp |
| SKU: | OT-1005810 |
| Format: |
Online Training Course |
| Order: | Qty: |
Description:
|
The "Underwriter Boot Camp" covers a variety of key mortgage underwriter functions, and consists of several instructor-led online training modules and an exam at the end of the course. The program is offered through the National Association of Mortgage Underwriters (NAMU®).
The Modules
Below are the module titles and just a few of the learning items covered in each module.
Mortgage Underwriting 101- The 4 C's of Underwriting
- Credit Report Review
- Wage Earner Income Analysis and Calculation
Advanced Underwriting- Analysis of Personal and Business Tax Returns
- Title Review
- Loan Documentation
FHA/VA Underwriting- FHA/VA guidelines and rules
- Required documentation
- Underwriting/credit requirement/employment & income/assets
- Down payment requirements/borrowers minimum required investment
Due Diligence- Manual income, credit, and appraisal underwriting
- Writing up compensating factors
- Identifying red flags
Calculating Income, DTI, And LTV Workshop- Salaried and hourly wage calculations
- Overtime, bonus, commission, Social Security, pension, and other calculations
- Rental income calculations
Appraisal Review Workshop- What to look for
- How to evaluate any "Special Aspects" of the subject property
- How to determine fraudulent information
Tax Returns Analysis Workshop- Income Calculation Formulas
- Self-Employment Income Guidelines
- Personal & Business Tax Return Forms and Schedules
Anticipated Time To Complete
This online program will take approximately 24 hours to complete. You do not have to complete this program in one sitting – there are bookmarks that allow you to stop and restart as needed.
Access Information
Upon enrollment, you will receive an email from the course provider (CampusMortgage®) with links and passwords to access your course. You will have full access to the course and it's modules for one full year. |
| About The Provider: |
CampusMortgage provides instructor-led mortgage training classes to students nationwide.
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.
All CampusMortgage online training classes are professional development courses designed to help you do your job better and are not licensing training. Upon successful completion of a course, you can download and print a Certificate of Completion. Such certificate does not imply you are an "expert" or "licensed" in any mortgage-related field - it simply means you've taken mortgage-related training.
We employ the latest in technology advancements, offering students comprehensive mortgage loan training and job placement resources, and are not owned, operated or affiliated with HUD, FHA, or the Federal Government in any way. And though we offer job search resources, we do not guarantee you will find a job or provide job placement assistance.
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 course. 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.
Refund Policy
No refunds or credits will be issued if a student and/or customer has logged into any online webinar course or has requested a Certificate of Completion for the purchased course. If a student and/or customer has not logged into an online webinar course or has not requested a Certificate of Completion, the customer is entitled to a full refund, minus a $75 administrative cancellation fee, provided a refund request is received in writing or via e-mail by CampusMortgage within (5) calendar days from the date of purchase.
Take the first step to becoming an FHA mortgage underwriter, processor, or originator by completing one of our online training classes today! |
| Price: |
$995.00 |
| More Info: |
Contact Us For More Information |
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| Keywords For This Course: | underwriting, underwriter training, underwriter |
