Offered through CampusMortgage®, this course teaches you how to become a successful commercial mortgage underwriter.

The course covers how to effectively analyze the borrower's loan file, including the credit report, tax returns, appraisal, income, AUS, pay stubs, bank statements, title, and more.

THE MODULES

Below are the module titles and just a few of the learning items covered in each module.

Commercial Underwriting & Processing 101

• How commercial loans are regulated, serviced, and reported
• Structure of commercial sales and credit teams
• The five C's of credit
• Borrowers and guarantors
• What are financial spreads
• What does a commercial credit and loan request look like
• What happens when a loan doesn't perform

Adv. Commercial Underwriting & Processing

• Income Statement Review
• Personal Guarantor Tax Returns and Cash Flow
• Understanding the Sources of Loan Repayment
• Ratios
• Collateral
• Loan Agreements

Mortgage Underwriter 101 - The Essentials

• Loan Programs
• Underwriting tools
• Credit report review

DU/LPA Workshop - "Everything from A to Z"

• What is an AUS?
• Factors Considered
• The Process
• Reps and Warrants
• Ordering the Credit Report
• Data Integrity

Due Diligence

• Manual income, credit, and appraisal underwriting
• Writing up compensating factors
• Identifying red flags

Tax Returns Analysis Workshop

• Loan Programs
• Underwriting tools
• FHA, MPR, and MPS

Appraisal Review Workshop

• Appraisal purpose/responsibilities
• Appraisal Section Review
• Credit report review

Your Certificates

You will receive a CampusMortgage® Certificate of Completion after completing each course listed above.

Anticipated Time To Complete

This online program will take approximately 26 hours to complete, and includes bookmarks that allow you to stop and restart as needed.

Access Information

Upon enrollment, you will receive an email from the course provider (CampusMortgage®) with links and passwords to access your course. You will have full access to the course and training modules for one full year.