Underwriting FHA Loans ~ E3
Course Description
Underwriting is one of the most important steps in the loan manufacturing process, as it is the decision point on determining whether a borrower is credit worthy or not. FHA loans have distinct differences from their conventional loan counterparts that all underwriters should be aware of. In this course, participants will review the key differences to be aware of when underwriting an FHA loan.
What You’ll Learn:
Identify the important differences between underwriting standards for conventional and FHA loans
Describe the difference between manual underwriting and automated underwriting
Explain the basic steps and requirements to manually underwrite a borrower’s FHA loan
35 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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