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Multi-Family Underwriting & Processing - "FHA/VA Loans"
Need Help? Call us today toll-free at 1-800-865-8550 Press 1
COURSE DESCRIPTION:
In our fluctuating economy, Multi-Family (2-4 Unit) Properties have become an ideal source for additional turnkey streams of income. In the Multi-Family Underwriting & Processing - "FHA/VA Loans" course you will learn the fundamental and essential roles of both the Processor and Underwriter in rendering a Credit Decision for FHA and VA Loans, secured by Multi-Family (2-4 Unit) Properties. This course will encompass an examination of the relevant documentation and procedures required for both FHA/VA Loans, while determining the Borrower’s Eligibility and the Collateral Evaluation and Acceptability of the Multi-Family Property. Students will learn current and up to date industry standards, strengthening your skills to become a well-rounded, effective and viable Mortgage Professional.
COURSE OUTLINE:
- Introduction to Multi-Unit Housing
- General Requirements
- Loan Limits
- Minimum Property Requirements
- Ordering the Case Number
- The Appraisal
- Rental Income
- FHA and VA Requirements
- Underwriting Transmittal
- Total Scorecard
- 10-Question Practice Quiz
**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
- Course Provider: CampusMortgage® (Our Training Division)
- 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)
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.
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 from NAMU®, we recommend you thoroughly read our Refund Policy & Terms of Use.
Need Help? Call us today toll-free at 1-800-865-8550 Press 1
