Course Description
With this crazy economy, a loan officer needs to understand every way to do a loan. FHA has been and continues to be the place to turn for the credit challenged. This course teaches you how to originate, process and close FHA loans.
It goes through the forms, calculations, loan amounts, origination tactics, processes, and restrictions to originating a successful FHA loan - and teaches you how to save time weeding out the un-doable deals!
Ideal for loan officer, processor, and mortgage broker training, this course will help you how to efficiently and profitably do FHA loans that your processor, lender, and pocketbook will love!
Learning ObjectivesThis course covers:
- FHA mortgage calculations
- MIP and UFMIP
- Processing forms and guidelines
- Origination requirements and forms
- Property restrictions
- Underwriting process
- Refinances
- Streamlines
- Even marketing strategies!
Bonus: FHA Training ManualCompletely revised recently, our "ABC's of FHA Lending" training program also doubles as your reference manual!
And all NEW! 6-Hour Training Video! - Divided into 6 easy-to-understand modules, this video presentation is led by Chip Cummings - one of the TOP instructors in the country! He teaches the same program to HUD staff and loan professionals around the country!
It contains all the basics of FHA loan origination, processing, underwriting, closing, and even MARKETING strategies! Plus, you get
FREE UPDATES FOR LIFE!Delivered on an interactive CD-ROM, you receive:
- Electronic copies of FHA forms
- Case studies
- Worksheets
- Manuals
- HUD 4155 guide
- HOC guide
- FHA Secure guide
- Sample Mortgagee Letters
And if this wasn't enough, it also comes with a 100% money-back guarantee!