This class is provided by CampusMortgage®. 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.

 Price - $395.00

Course Instructor: Various Trainers