The DU & LP – “Everything from A to Z” audio/video webinar will provide students with an in-depth understanding of how the automated underwriting systems serve lenders in the mortgage origination process. DU & LP findings, including feedback messages, are explained in detail. Gain a greater understanding of the differences between the two AU engines and when it is appropriate to use each one.
DU & LP Workshop – “Everything from A to Z”
- Introduction to DU & LP
- Review of Desktop Underwriter
- DU Potential Red Flags
- Underwriting without Traditional Credit
- Desktop Underwriting Findings
- Loan Product Advisor
- TOTAL Scorecard
- Data Integrity
- Underwriting Guidelines
- Lender Responsibilites
- Practice Quiz
**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.
- Course Length: 3 Hours
- Instructor-Led Online Webinar
- Duration: 24/7 Access for 1-Year
- All Course Materials are Downloaded as PDF Files
- Certificate of Completion Downloaded as a PDF File
WHO SHOULD ATTEND:
Aspiring mortgage processors & underwriters wishing to learn DU/LP fundamentals, from A to Z. Whether you’re unemployed and looking to enter the mortgage underwriting or processing profession, or you’re currently working at a bank or lender as an loan processor or underwriter, this DU/LP training program will provide the skills you need to succeed as an effective mortgage underwriter or processor. Also ideal for underwriting & processing managers looking to train their existing staff on the DU/LP process.
HOW IT WORKS:
Soon after you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training.
ABOUT THE INSTRUCTOR:
Our instructors have an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more.
You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. Note: dial-up internet connection will not work and wireless internet must have a full signal.
Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.
JOB SEARCH RESOURCES:
Upon request, we can provide you with Job Search Resources which are simply considered a value added benefit of purchasing our program. The Job Search Resources will be emailed to you as a PDF file, and contain various links to help in your job search process. These links include: mortgage industry networking sites, job posting sites, resume builder sites and more. Please note: The Job Search Resources are not to be considered job placement assistance as we view that as a conflict of interest.