This class is provided by CampusMortgage®. This course has been designed to instruct underwriters on how to proceed with a mortgage underwriting case file review of an FHA file.  As a “how-to” course, the underwriter will be trained on how to complete an underwriting review on a fully processed FHA case including how to review the credit report, income documentation, asset documentation, contract of sale, and appraisal report. Additionally, the required disclosure and compliance review will be discussed. Underwriters will also be trained to recognize certain file triggers/red flags and will know when to ask for further documentation that has not been addressed by the AUS.   

COURSE OUTLINE:

• Underwriting an FHA and VA Loan
• Disclosures
• Credit
• Income
• Assets
• Purchase Contract
• FHA Requirements
• VA Requirements
• AUS
• Manual Underwriting Components
• Appraisals
• FHA Resources
• VA Resources
• Practice Quiz

Price - $395.00

Course Instructor: Various Trainers