This Loan Origination program is comprised of the fundamentals of originating
an FHA loan, discussion and examples of all the recent changes and loan
processing requirements. This program provides both an excellent foundation for
those newer to FHA as well as in depth discussion and analysis for more
experienced Loan Originators.
The LIVE THREE PART Webinar course includes the FHA Loan Origination Guide
including new refinance calculations, MIP refund handling and secondary
financing updates.
The seminar covers:
- FHA Mortgage Insurance Programs
- General Eligibility
- Application/Interview
- FHA Disclosures Required at Application
- FHA Specialty and Other Programs
- The Property/Appraisal
- Refinances
- TOTAL Scorecard
Course Outline
- Why Use FHA
- Who Qualifies for an FHA Loan
- The Application Process, Documents required/Checklist
- The Appraisal process
- Refinancing a Property
- Loan Submission Requirements
- Scenarios, Exercises and Calculations
- How to make your processor happy
Course Format
- Live, Instructor-Led
- Fully Interactive
- Three days (1:00 pm to 4:00 pm)
- All course material included *Certificate of Completion provided
- Registration with the NMLS
Who Should View
This course is for both the beginner and the seasoned loan originator as it
includes all updates and serves as a good refresher. Learn how to obtain loan
approval the first time, plus provide answers to your questions on FHA
Mortgages. The focus is on all new changes plus application and HUD addendum,
required origination forms, signatures and dates, programs, loan amounts,
cash-on-hand and other assets, credit scoring ratios, credit problems and more!
About the Instructor
Our instructors average over 20 years in mortgage banking expereince
including hands-on DE Underwriting, management, training and quality control.
How it Works
You will need your computer capable of audio playback with a strong internet
connection (DSL, Cable, or faster).
Each day of class, Diehl and Associates will email you a link along with a
log-in and password to attend from your computer. Simply click the link, enter
your password, and download/print that course materials. For Online live
courses, you may login up to 1/2 hour before the class start time.
Once the class starts, you will hear the instructor speak through your
computer speakers. You will also have the ability to ask questions through the
online chat feature located on the right-hand side of our online training
platform.
Feel Free to ask lots of questions. Each live-online course will be limited
to 30 attendies. For on-demand courses, you will be purchasing a previously
recorded webinar and will not be able to ask questions.
System Requirements
- A functional computer or Ipad with audio playback capability
- A strong, speedy wired or wireless Internet signal (DSL or higher -
dial-up connections not recommended)
Registration Capacity
Our classes are considered at maximum capacity once 30 students have
registered.
Our classes typically fill up two to three weeks prior. We recommended
reserving your spot early fas early as possible so that you can get the dates
and times you most prefer. For many of our courses, we can (when
available) provide you with the Recorded Self-Study (at no extra cost), so you
can begin your training prior to your course participation.
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