 Know it all about FHA loan underwriting with AllRegs Academy. Now, more than ever, lenders are relying on FHA loan programs to help meet the needs of their clients. FHA's unique guidelines and requirements can be intimidating even for seasoned underwriters. Whether you're new to underwriting FHA loans or simply need a refresher on the nuances of FHA loan programs, this course will get you and your staff up to speed quickly and so you can start underwriting a variety of FHA loans.
Upon completion of the course, students will be able to:
- Explain key differences between underwriting Conventional and FHA loans
- Calculate maximum FHA loan limits, qualifying ratios, up-front and monthly MIP
- Identify the critical areas on the Mortgage Credit Analysis Worksheet
- Determine if a manufactured home and other properties are within FHA guidelines
- Determine if a borrower's income and assets meets FHA standards
September 2008 Session—Course Dates and Times:
Wednesday, September 10, 2:00 p.m. – 3:30 p.m. EST (First day)
Wednesday, September 17, 2:00 p.m. – 3:30 p.m. EST
Wednesday, September 24, 2:00 p.m. – 3:30 p.m. EST
Wednesday, October 1, 2:00 p.m. – 3:30 p.m. EST (Last day)
Course Format:
The training sessions utilize WebEx technology in conjunction with audio conferencing. Polling capabilities, live chat, and question & answer sessions allow participants to easily interact with subject matter experts. The course consists of four-ninety minute sessions over the course of a month. Pre-reading and exercises are included and accessed through the AllRegs Academy learning management system. Participants are required to complete assignments prior to each session.
With this four-week instructor-led online course, you get a low-cost training solution with the benefit of expert instructors and peer interaction…with no travel costs or time out of the office. Class meets via audio conference and WebEx at a scheduled time each week for four weeks, with online activities, readings and assessments accessed on your own time.
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