Mortgage Underwriter 101 - "The Essentials"

$495.00

This class is provided by CampusMortgage®. This instructor-led, 3-hour online training webinar is designed for any mortgage professional seeking formal instruction on the fundamental principles of residential mortgage underwriting. This introductory course provides a thorough review of mortgage terminology, best practices, and the 4 C's of underwriting.  Learn the basics of credit, income, asset, and appraisal review in preparation for a successful career as a mortgage underwriter.

COURSE OUTLINE:

  • Mortgage Terminology
  • Loan Programs
  • Loan Stacking Order
  • Mortgage Roles
  • Loan Originators
  • Loan File Flow
  • The 4 C's of Underwriting
  • Underwriter Duties & Responsibilities
  • Underwriter Skill Sets
  • Underwriting Authority
  • Underwriting Tools
  • Agency Guidelines
  • Automated vs Manual Underwriting
  • AUS Findings
  • Forms 1003 & 1008 
  • Credit Report Review
  • Introduction to Income
  • Introduction to Assets
  • Introduction to Appraisals
  • Practice Quiz

Price - $495.00 Sale - $395.00

Course Instructor: Various Trainers