FHA 203(k) Underwriting Online Self-Study Course

Diehl’s FHA 203(k) Underwriting Training Course that covers both the full and limited programs, along with the differences. This includes what repairs can and cannot be done with each product, reviewing the checklist of all the forms that are required of the project along with the step-by-step process guide that leads the processor through the loan process. A completion certificate is provided upon successful completion of the course.

Learn about:

• The Standard 203(k) and the Full 203(k)
• Property Eligibility
• Improvements
• Standard Walkthrough
• Origination Keys
• Limited Walkthrough
• Roles and Responsibilities
• The Consultant
• Required Documents
• Initial Draws and Holdbacks
• Release of Funds
• Purchase of Funds
• Purchase Example and Worksheet
• The Sales Contract
• Contractor Estimates
• Contingency Reserves
• Program Limits, Keys, and Best Practices
• Refinance Example and Worksheet
• Sales Strategies