This class is provided by CampusMortgage®. This instructor-led, 3-hour online training webinar is designed for any mortgage professional seeking formal instruction on the fundamental principles of residential mortgage underwriting. This introductory 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
• Underwriter Duties & Responsibilities
• Underwriter Skill Sets
• Underwriting Authority
• Underwriting Tools
• Agency Guidelines
• Automated vs Manual Underwriting
• AUS Findings
• Forms 1003 & 1008 
• Credit Report Review
• Introduction to Income
• Introduction to Assets
• Introduction to Appraisals
• Practice Quiz

Price - $495.00 Sale - $395.00

Course Instructor: Various Trainers