skip to: page content | links on this page | site navigation | footer (site information)

 

subglobal1 link | subglobal1 link | subglobal1 link | subglobal1 link | subglobal1 link | subglobal1 link | subglobal1 link
subglobal2 link | subglobal2 link | subglobal2 link | subglobal2 link | subglobal2 link | subglobal2 link | subglobal2 link
subglobal3 link | subglobal3 link | subglobal3 link | subglobal3 link | subglobal3 link | subglobal3 link | subglobal3 link
subglobal4 link | subglobal4 link | subglobal4 link | subglobal4 link | subglobal4 link | subglobal4 link | subglobal4 link
subglobal5 link | subglobal5 link | subglobal5 link | subglobal5 link | subglobal5 link | subglobal5 link | subglobal5 link
subglobal6 link | subglobal6 link | subglobal6 link | subglobal6 link | subglobal6 link | subglobal6 link | subglobal6 link
subglobal7 link | subglobal7 link | subglobal7 link | subglobal7 link | subglobal7 link | subglobal7 link | subglobal7 link
subglobal8 link | subglobal8 link | subglobal8 link | subglobal8 link | subglobal8 link | subglobal8 link | subglobal8 link

 

Equal Housing Lenders

Mortgage Underwriting Training Program
Next Class :FEBRUARY 20th, 2007 -

Loan Officer Training Program
Next Class :FEBRUARY 24th, 2007-


Course Outline

Phase I:
Fundamentals of Underwriting
Understanding Underwriting for Real-Estate Transactions
Credit Analysis
Employment Analysis
Analysis of Tax Returns for the Self-Employed
Reserves/Asset Analysis

Phase II:
Understanding the Real Estate Application (FNMA Form 1003)
Forms and Terminology of Underwriting
Verifications Process
Understanding the Secondary Market & Mortgage Backed Securities

Phase III:
Appraisal Analysis
Approval Conditions of the Underwriter
Underwriting live Case Files (1)

Phase IV:
Understanding Desktop Underwriting
Underwriting Live Case Files (2)

top

 


Course Synopsis

The Mortgage Underwriting Training Program is an educational training course that is geared toward assisting mortgage banking personnel, displaced workers, career change minded individuals, welfare to work participants in attaining skills and knowledge to enter or expand in the mortgage banking field. This program is administered by Seasoned Senior Underwriters and Mortgage Banking Professionals. This training program was designed and is being offered to give Processors, Brokers, Banking personnel and others a hands on approach to underwriting and processing mortgage loans to current Fannie Mae and Freddie Mac conforming guidelines. This course will provide participants with the fundamental tools needed to understand underwriting loans to conventional standards. It will expose students to the ever-increasing use of automated underwriting and origination online, in addition to understanding the secondary marketing side of Mortgage banking. Upon course completion, students will be equipped with sufficient knowledge to enter into entry-level positions in mortgage processing and underwriting. Students will have a strong grasp of the criteria that is necessary and what traditional mortgage lenders require to make loans for new home purchases or refinancing of existing mortgages. Overall, the program offers those with no formal mortgage banking experience a strong foundation to enter the field, as well as offering existing mortgage banking personnel with extensive exposure to processes that will assist them in broadening their current understanding of the industry.

top

 


* Privacy Policy - MPSG is committed to your privacy and will not sell or disclose any personal information to outside parties. For more information or if you have any questions, please send an email.

Mortgage Underwriting Training Program
Next Class :FEBRUARY 20th, 2007-

Loan Officer Training Program
Next Class :FEBRUARY 24th, 2007 -