| Underwriting is the key activity in the mortgage decision-making process. To make sound loan decisions, underwriting professionals must have familiarity with specific loan requirements and be able to identify borrowers who qualify and have the ability to repay a loan. Sound loan decisions not only benefit the homebuyer, they help reduce the lender’s risk of default. As the volume of government loan products increases daily, possessing core competencies for underwriting government loans is a valuable asset to your company and to your career.
AllRegs Academy is pleased to present the new Residential Government Underwriter (RGU) certification, designed to recognize commitment to increasing knowledge and professional experience working with government lending products.
Participant Requirements
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Submit an RGU application and a $250 application fee
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Agree to the AllRegs Academy Code of Ethics
- At least 2 years experience in the mortgage industry, with an emphasis in underwriting, processing, risk analysis or quality assurance
- Successfully complete 12 hours of education through select AllRegs Academy coursework* with a passing score of 75% or above
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Complete the RGU Assessment consisting of a comprehensive examination based on required core competencies for an RGU designee
*Each course requires individual enrollment and registration fee.
Exemptions
RGU candidates having more than 5 years of documented experience working in the mortgage industry as an underwriter, underwriting manager, processor, validator, quality assurance expert, or other similar position can choose to apply their years of experience as education credit and omit up to 50% (6 hours) of the course requirements. Experience with underwriting government loan products is preferred but not required.
Commitment to Ethical Standards
For all matriculated professional certificates or designations, AllRegs Academy requires a signed Code of Ethics statement. This signed statement must be submitted with the RGU application.
For discounts related to coupon or discount codes, quantity discounts or catalog pricing, please follow the instructions on the discount communication or call AllRegs Customer Service at (800) 848-4904.
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