Understanding FHA Loans Class Description
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The authority Trainer for new Originators & Processors
Understanding FHA Loans / 8 Hours Instruction
The Origination, Documentation, Guidelines and Processing of FHA Loans
Why pay $495 or $395 for an online webinar? Take your detailed training on your schedule!
Do you really get more instructor attention with 50 other students in a webinar?
For over 26 years Capstone has successfully trained thousands of originators and processors.
If you'd like to watch your instructor during training , Kathy Lewis will be happy to send you her picture/
Have a question during or after training just call the institute and an instructor will walk you through your question.
Instructor:
Kathy Lewis / Founder of Capstone Institute of Mortgage Finance
Experience Level: Intermediate Training
Students should have a good understanding of completing a conventional Good Faith Estimate
View Your Understanding FHA Loans Manual
Course Type: Online Self Paced / 8 Hours of instruction / Individual Subscription / SCORM Compliant
This course is presented in a narrated power point format concluding with online testing.
Course Description:
After completing this class you will be able to appreciate why Capstone Institute is the leader in FHA training. Kathy Lewis the founder of Capstone is the instructor for this course. The Department of HUD selected Kathy Lewis to assist them in instructing HUD employees at all 4 of its Home Ownership Centers (HOC’s) in FHA guidelines and Direct Endorsement Underwriting. This course is current and is designed to bring you totally update on all aspects of originating , documenting, FHA guidelines and processing a FHA loan file.
Course Access: 7 or 15 days of access from date of purchase depending on course number
You will have unlimited access to this 8 hour course starting from your purchase date. To start your training just log into your class from Capstone home page. Simply click on Log Into Training tab located at the top of Capstone's home page . You'll then be directed to your log in page where you'll enter your user name and password which you assigned yourself during the purchase process.
Need more time to complete your training? Add other week for $25.00
Accessing Your E-Book Manual During & After Training
Upon entering your course please view your course description box located in the center of the student main menu. In side this box will be your active link to open your course's E-Book manual. Your manual will always open in a new browser and will remain open as long as you like. Some students like to have their E-Book open to make bookmarks and comments while taking their training.
If you selected your course with a 1 year subscription
After completing your training you will not have access to the course but your access to your E-book will remain open. To access your E-book after training just log back into the course title and click on your E-Book.
Your Purchase Options Are listed At The Bottom of this page
Training Materials Include:
Course & Training Manual Options :
#1 Refresher Class $ 95.00 Understanding FHA Loans ( E-Book Access During Training)
#2 Traditional FHA $175.00 Understanding FHA Loans (E-Book & 1 year E Book Subscription)
#3 Traditional FHA (With printed manual) $250.00 Understanding FHA Loans (E-Book & 1 year Subscription
Case Study: # 1
- Preparing The Good Faith Estimate & Prequalification Worksheet
- FHA Prequalification Worksheet
- Calculating the Loan Amount
- Initial Fees Worksheet
- Bundling Your Initial Fees Worksheet over to the Good Faith Estimate
Case Study: # 2
- Completing The Schedule of Real Estate Owned
- Schedule E ( IRS Form 1040 )
Case Study: # 3 FHA Purchase Transaction
- Preparing The Good Faith Estimate & Prequalification Worksheet
- FHA Prequalification Worksheet
- Calculating the Loan Amount
- Initial Fees Worksheet
- Bundling Your Initial Fees Worksheet over to the Good Faith Estimate
- FHA Connection Case Processing Screen
- CAIVRS Authorization
- Case Number Assignments
- Request For Appraisal
- Conditional Commitment / Statement of Apprised Value
- FHA Loan Underwriting /Transmittal Summary
- HUD/ VA Addendum
- Direct Endorsement Approval for a HUD/FHA -Insured Mortgage
- Borrowers & Lenders Certificate
Case Study: # 4 FHA Refinance Transaction
- Calculating Refunds of FHA One-Time MIP
- FHA Refinance Worksheet
- Initial Fees Worksheet
- Bundling Your Initial Fees Worksheet over to the Good Faith Estimate
- FHA Connection Case Processing Screen
- CAIVRS Authorization
- Case Number Assignments
- Request For Appraisal
- Conditional Commitment / Statement of Apprised Value
- FHA Loan Underwriting /Transmittal Summary
- HUD/ VA Addendum
- Direct Endorsement Approval for a HUD/FHA -Insured Mortgage
- Borrowers & Lenders Certificate
A few agencies and companies who have and are using this course
Department of HUD Homeownership centers
- Philadelphia
- Atlanta
- Denver
- Santa Anna
Wells Fargo
Bank America
Sun Trust
Regions Bank
5th Third Bank
Understanding FHA Loans Online Self Paced Course Purchase Options
These Courses Will Be available after 20 January 2012
#1 Refresher Class $ 95.00 Purchase Details
You will have immediate and unlimited access to this course for 7 days from date of purchase.
Your course includes:
- 8 hours of instruction (Unlimited Access for 7 days)
- E-Book access while in Training
- Certificate of Completion after online testing
#2 Traditional FHA Instruction $150.00 Purchase Details
You will have immediate and unlimited access to this course for 7 days from date of purchase.
Your course includes:
- 8 hours of instruction (Unlimited Access for 7 days)
- Case studies
- E-Book access while in Training
- Continued 1 year FHA E-Book access subscription after training
- Certificate of Completion after online testing
#3 Traditional FHA Instruction $225.00 Purchase Details
You will have immediate and unlimited access to this course for 15 days from date of purchase.
Your course includes:
- 8 hours of instructions (Unlimited Access for 15 days)
- Case studies
- E-Book access while in Training
- Continued 1 year E-Book access subscription after training
- Hard printed course manual
- Certificate of Completion after online testing
