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FHA 203(k) Rehabilitation Program ~ E3

Course Description

In this course, participants will review FHA's 203(k) rehabilitation mortgage program, including a general description of its purpose and the basic requirements. Participants will explore HUD's requirements for eligible borrowers and properties, standards to qualify, how funds are handled, and more. What You'll Learn: Define an FHA 203(k) loan Identify eligible borrowers and properties Describe the 203(k) program requirements
40 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: E3

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