FHA/VA Training
The training needs for FHA and VA loan programs vary greatly from one lender or broker to the next. We recognize the need for customized agenda’s and multiple delivery formats to accommodate small or large staff and crazy schedules.
We stand behind our students long after they have finished a course. Students and companies may contact our instructors any time with questions and if we don’t have the answer we’ll find someone who does. Our network of contacts across all lines of mortgage originations and wide ranges of philosophies gives us the ability to answer questions no one else wants to. We will make sure you know what FHA states in writing, what lenders are implementing and why in order for you to make the right FHA choices.
FHA Fundamentals
Our cornerstone FHA program has trained over 10,000 individuals. Our FHA Fundamentals workbook has become a widely used referenced tool with over 300 pages of valuable tips, checklists and best practices. Created with both beginners and those with experience in mind, this focused and lively workshop will guide you through origination, processing and underwriting requirements of FHA Mortgages. Our experts have developed the ultimate one-day course in which you will learn how to calculate the maximum mortgage amount; mortgage insurance premiums and closing costs. You’ll brush up on the many forms used through processing, understand their purpose and how to avoid problems in an audit. Discover the secrets to determining if an FHA loan is right for your customer and be ready to handle both purchase and refinance transactions. You’ll walk away with our top-notch reference manual, which contains excerpts from the HUD Handbook 4155.1, several mortgagee letters, all the FHA specific forms and easy to use worksheets and checklists, — all the tools you need to help you sell the true benefits of the FHA 203b loan program.Offered in: Live Classroom, Webinar, Self-Paced Online
FHA Advanced
As our FHA 201 course, this program expands on the fundamentals by including new construction, condo solutions, property requirements and a full afternoon of developing an understanding of FHA underwriting risk analysis.FHA Closing, Post Closing & Insuring
This course will help both new and experienced mortgage professionals understand that the last stages of the loan process can be the most critical, especially with FHA loans, so the file must be in compliance with FHA requirements in order to have the mortgage certificate issued. FHA has some very unique requirements that impact the different aspects of closing, post closing and insuring and this course will help the student understand those components.Formats offered: Online, Self-Paced
FHA Basics & Advanced Case Studies
This course is designed for individuals looking to expand their expertise in FHA risk analysis and FHA underwriting. Attendees should have a basic working knowledge of FHA documentation, credit and appraisal guidelines through processing or underwriting FHA loans.Formats offered: Live Classroom, Webinar
VA Fundamentals
Indecomm – Mortgage U has provided VA training to top national lenders across the country. We bring focus to this valuable niche and the opportunity to produce a quality product. We take the fear of having only a few VA’s in process!Offered in: Live Classroom, Webinar
Webinars
Our FHA and VA Fundamentals are available in 3 part webinars that work great for originators and beginning processors or underwriters. We provide comprehensive handout materials similar to our live programs. You get to see the instructor live , ask questions and interact with other students to achieve a meaningful learning experience.Webinars On Demand
The FHA Fundamentals webinars are also available in a pre-recorded format for 24/7 access!FHA Basic and Advanced Case Studies
The perfect 3 part program for individuals with FHA experience and ready to move into FHA underwriting. This program is conducted live with Alice Alvey, CMB and author of the FHA and VA Practical Guides. She conducts a short presentation at the opening of each webinar to bring common FHA underwriting challenges to the forefront in an open and frank discussion. After the 20-30 minute discussion the lesson moves to reviewing a specially designed case study. The case studies include purchases, refinances and streamlines and will engage and inspire the learner to grasp a true understanding of FHA risk analysis.Online Self-Paced
FHA Fundamentals Curriculum
This curriculum covers the basics of the FHA home loan program covering the requirements necessary to originate, process, and underwrite a compliance FHA home loan. Courses include: Course Overview, FHA Purchase Transactions, FHA Refinance Transactions, FHA Forms and Processing, FHA Total Scorecard, FHA Manual Underwriting and FHA Appraisals.VA Fundamentals
This curriculum covers the basics of the VA home loan program. Made up of five courses that examine the requirements necessary to originate, process and underwrite a compliant VA home loan. Courses include: VA Eligibility, Closing Costs, and Funding Fee; VA Refinances; VA Appraisals; VA Underwriting; VA Forms; and a Final Exam.Customize it!
Take any format or agenda above and make it yours. Contact us at 800-278-0200 for more information.Earn Your DE
In today’s competitive market loan originators, processors and underwriters must be highly trained in automated underwriting data quality, documentation review and agency requirements in order to produce accurate automated underwriting feedback results.Earn your DE by:
Completing the FHA Fundamentals CurriculumAttend the IMU FHA Advanced and FHA Basic and Advanced Case Study Webinars (Call 800-278-0200 to schedule)
Course List
- FHA Fundamentals – Live
- FHA Fundamentals – Webinar
- FHA Advanced – Live
- FHA Basics & Advanced Case Study – Webinar
- FHA and Conventional Loan Case Study
FHA Case Study Support
Many companies are hesitant to begin their Pre Endorsement Review’ stage with FHA for fear they still don’t have the full expertise and/or experience to present a top quality credit package. In today’s competitive market loan originators, processors and underwriters must be highly trained in automated underwriting data quality, documentation review and agency requirements in order to produce accurate automated underwriting feedback results.Create a highly trained staff to:
- Improve customer satisfaction
- Minimize processing and closing delays
- Reduce risk of deficiencies found in underwriting and post closing
- Minimize exposure to repurchases
