Mortgage Underwriter 101 - The Essentials Online Course: ID# 1004760
Price: $395.00
Qty:
About This Course:
"Mortgage Underwriter 101 - The Essentials" is an in-depth, instructor-led online program that will give you formal instruction on the fundamental principles of residential mortgage underwriting.
It is designed to teach the fundamentals of the mortgage underwriting to new and seasoned mortgage underwwriters alike.
Course Outline In this course you'll learn about mortgage terminology, the four C's of underwriting, and more, including:
Loan programs Underwriting defined Underwriting Tools and Guidelines Automated vs. Manual Underwriting Analyzing AUS Findings Credit Report Review Introduction to assets review Introduction to Appraisals, Income and Assets Upon finishing the course you will receive a Certificate of Completion and skills required to be successful in the mortgage industry.
Anticipated Time To Complete This online course will take approximately three hours to complete. You do not have to complete the course in one sitting - there are bookmarks in this course that allow you to stop and restart as needed.
Access Information Upon enrollment, you'll receive an email from the course provider (CampusMortgage®) with links and passwords to access the course. You will have full access to the course for one full year.
Top FAQs A loan underwriter assesses the risk of lending money for a home, car, or debt consolidation.
A mortgage underwriter evaluates the applicant's credit history, assets, the size of the loan, then uses this info to dertermine if the applicant can pay back the loan.
While the Mortage Loan Office must be licensed, mortgage underwriters do not need a mortgage license.
Depending on where you live, loan underwrites can expect to earn $100,000 or more.