New FHA underwriting course offered by AllRegs AcademyMortgagePress.comonline course, FHA loan guidelines, maximum FHA loan limits
AllRegs, an information
provider for the mortgage lending industry, has announced Feb. 6,
2008 as the launch date for their Fundamentals of FHA Underwriting
course. The instructor-led online course will provide new and
seasoned lenders with the unique FHA loan guidelines and
requirements needed to start underwriting FHA loans immediately.
Led by industry experts, the course will meet once weekly for four
weeks via conference call and WebEx presentation.
"For the changing market, we organized an incredibly useful and
comprehensive FHA loan underwriting training course for lenders,"
said Dan Thoms, senior vice president of AllRegs. "After taking
this course, originators will not only feel comfortable and
confident, but they can immediately include a new loan product to
help them during this difficult market."
The course is delivered in four online sessions, and graduates
•Understand the key differences between underwriting
conventional and FHA loans;
•Calculate the maximum FHA loan limits, qualifying ratios,
up-front and monthly MIP;
•Identify the critical areas on the Mortgage Credit Analysis
•Determine if a manufactured home or other properties are
within FHA guidelines; and
•Determine if a borrower's income and assets meet FHA
For more information, visit www.allregs.com.