USDA Rural Development Program Online

USDA Lending is a different animal! This course teaches you the specific issues around USDA loans. Diehl Mortgage Training and Compliance created this course to provide you a thorough understanding of the USDA loan programs and how to use them.
Price - $269.00

Multi-Family Underwriting & Processing - "FHA/VA Loans"

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

FHA 203(K) Underwriting Online Self-Study Course

This course is provided by Diehl Mortgage Training and Compliance (NMLS Provider 1400133). This FHA 203(k) Underwriting Online Self-Study Training Course that covers both the full and limited programs, along with the differences. This includes what repairs can and cannot be done with each product, reviewing the checklist of all the forms that are required of the project along with the step-by-step process guide that leads the processor through the loan process. A completion certificate is provided upon successful completion of the course.
Price - $269

DE Underwriting (PREP PACKAGE)

This class is provided by CampusMortgage®. Start by first learning what's involved in becoming an FHA DE Underwriter today with our "professional development" DE Underwriting (PREP PACKAGE). With an average of 15+ years of experience, each mortgage underwriter instructor draws upon a deep FHA underwriting knowledge base to provide aspiring FHA DE Underwriters with a hands-on online interactive learning experience.

DE PREP PACKAGE INCLUDES:


Certified FHA Manual Underwriter (NAMU®-CFMU) Certification:

  • Due Diligence - "Learn Manual Underwriting"
  • Case File Underwriting Review - "FHA/VA Loans"
  • FHA/VA Underwriting - "For Underwriters"
  • Multi-Family Underwriting & Processing - "FHA/VA Loans"

Also Includes:

  • Mortgage Underwriter 101 - "The Essentials"
  • Adv. Underwriting - "Real World Lessons"
  • FHA DE Underwriting - "Direct Endorsement"  - No CHUMS # Provided
  • Tax Return Analysis Workshop -"Examine Self-Employed Borrowers"

COURSE FORMAT:

  • Instructor-Led Online Webinar
  • All Course Materials are Downloaded as PDF Files
  • Duration: 24/7 Access for 1-Year
  • Certificates of Completion Downloaded as a PDF File
  • Includes the NAMU®-CFMU Certification
  • Job Search Resources (Upon Request)

Earning a NAMU®-CFMU Certification through NAMU® means you have:

  • Completed (4) training classes.
  • Passed a 30-Question Online Proctored Exam (via Webcam) with 75% or Higher.
  • Agree to Maintain the Highest Ethical & Professional Standards.
  • Practice Quiz

Price - $2,765.00  SALE $1,490.00

USDA Rural Housing Loan - "Qualify, Process & Underwrite"

This class is provided by CampusMortgage®. Learn how to qualify, process & underwrite USDA Rural loans today with our 3-hour on-demand instructor-led webinar entitled: USDA Rural Housing Loan - “Qualify, Process & Underwrite”. This webinar will highlight the benefits of the USDA mortgage program -- with 24/7 access for 1 year. Students will learn how to navigate the HB-1-3555 guidelines and forms, and more! This webinar is ideal for all underwriters, processors and loan originators wishing to learn how to close USDA Rural loans, from A to Z. 

COURSE OUTLINE:

  • What is a Rural Housing Loan?
  • Program Benefits
  • Loan Purpose
  • USDA Costs: Guarantee & Annual Fee
  • Product Comparison
  • Navigating HB-1-3555
  • Credit & Debt Analysis
  • Income Eligibility
  • Intro to GUS
  • Property Eligibility
  • Appraisal Analysis
  • Underwriting Methods
  • File Process Flow
  • Request for SFH Guarantee
  • Practice Quiz

Price - $395.00

Reverse Mortgage Training - "Everything from A to Z" (Webinar)

CampusMortgage® has put together an instructor-led on-demand webinar entitled: Reverse Mortgage Training - "Everything from A to Z". The Reverse Mortgage industry is highly regulated by FHA which means comprehensive and accurate training is required to become an effective Reverse Mortgage Professional. Whether you're an MLO, Mortgage Broker, Mortgage Underwriter, Loan Processor, Servicing Specialist or QC Specialist, this course will teach you all the necessary steps needed to complete Reverse Mortgages.

COURSE OUTLINE:

  • Reverse Mortgage Explained
  • Borrower Eligibility
  • Financial Assessment
  • Principal Limits Defined
  • Counseling Requirements
  • Income Requirements
  • Credit Report/Credit Analysis
  • LESA/Compensating Factors
  • Mandatory Obligations vs Non-Mandatory Obligations
  • Documentation Requirements
  • Age of Documentation
  • Form 1009 & FHA Connection Review
  • Occupancy
  • Non-Borrowing Spouse (Eligible and Ineligible)
  • Use of POA or Guardian
  • Reverse Mortgage Loan Types
  • Appraisal
  • Eligible Property Types
  • Ineligible Property Types
  • Required Repairs to Property vs Repair Set Aside
  • Title
  • Lien Seasoning
  • Trusts (Revocable and Irrevocable)
  • Solar Panels
  • 10-Question Practice Quiz

Includes an additional class of your choosing!

FHA/VA Case Files Underwriting Review
Non-QM Underwriting - "Everything from A to Z"
Jumbo Loan Underwriting - "Everything from A to Z"
Multi-Family Underwriting & Processing - "FHA/VA Loans"
Multi-Family Underwriting & Processing - "Conventional Loans"
USDA Rural Housing Loan - "Quality, Process & Underwriting"

**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 - $495.00   Sale - $395.00