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Continuing Education Online Self-Paced

2 Hour SAFE Elective: Understanding Appraisals (Online)

About this Course

Appraisals are one of the most important steps in the mortgage loan process, but they can be complex, confusing, and sometimes frustrating for the parties involved in a transaction. By learning about the finer points of the appraisal process, mortgage professionals can equip themselves to better understand why valuations come back a certain way, and they can help their clients understand the results, too. This course will review basic concepts around appraisals, as well as the Uniform Residential Appraisal Report (the form most commonly used to report appraisal results), program-specific requirements, prohibited conduct, and more.
$44.00
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SKU 4303US22250A00

  • 24/7 access to your course online
  • Certificate of Completion

What You'll Learn

  • Recognize the role that an appraisal plays in a mortgage loan transaction
  • Identify federal measures that preserve appraiser independence
  • Identify each step in the appraisal process
  • Identify program-specific appraisal standards for certain loan products
  • Define common obstacles that arise in connection with appraisals
  • Define prohibited acts that occur in connection with appraisals

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. Please note this course is only supported for laptop or desktop computers, as NMLS requirements prohibit the consumption of licensing training on mobile devices, such as cell phones or tablets

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NMLS APPROVED ID 13091

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