This class is provided by CampusMortgage®. Investment Properties have become an ideal asset for diversification of income in the Real Estate Industry. In the Multi-Family Underwriting & Processing - "Conventional Loans" course you will learn in detail, the fundamental and essential roles of both the Processor and Underwriter in rendering a Credit Decision for Conventional Loans secured by Multi-Family (2-4) Unit Income Properties. This course will encompass an in-depth examination of the Relevant Documentation, Analysis of the Borrower’s Eligibility and Collateral Evaluation of the Property, while providing industry tools to strengthen your knowledge and tangible skills to confidently process and underwrite a Conventional Multi-family 2-4 unit property. 

COURSE OUTLINE:

• Multi-Family (2-4 Unit) Properties defined
• Initial Determination of Eligibility
• Minimum Credit Requirements
• Calculating Rental Income/Loss
• Processing Multifamily (2-4 Unit) Properties
• Understanding DU/LP- Automated Findings
• Reserve Requirements
• Calculating Reserve Requirements
• Reviewing the Purchase Agreement
• Manual Underwriting Guidelines and Decisions
• Purpose of the Appraisal
• Ineligible Properties
• Knowledge Check
• Glossary
• 10-Question Practice Quiz

 Price - $395.00

Course Instructor: Various Trainers