Course

LAPP/SAR Underwriter - "Step by Step Instruction"

$495.00

This class is provided by CampusMortgage®. The LAPP/SAR Underwriter - "Step by Step Instruction" 3-hour webinar is ideal for new & existing mortgage underwriters looking to obtain a VA LAPP/SAR designation. Students will become familiar with the duties of a LAPP/SAR, recognize the requirements and processes for ordering and reviewing appraisals, and delivering Notices of Value (NOV) to the veteran borrower. Students will be able to identify eligible property types, ensure appraisals meet minimum property requirements, review sample documents, common SAR errors and end the class with a test case to reinforce the topics covered.

**Important Notice: This is a how-to "prep" class only, and will not provide you with LAPP or SAR. 

COURSE OUTLINE:

  • Overview of the VA Loan Program
  • Eligible Loan Purpose
  • Veteran Eligibility
  • Entitlement and Guaranty
  • Blue Water Navy Act
  • Funding Fee
  • Credit Standards
  • VA Credit Underwriting Approval
  • Practice Quiz

Price - $495.00 Sale - $395.00

Course Instructor: Various Trainers