LAPP/SAR Underwriter - "Step by Step Instruction"
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COURSE DESCRIPTION: The LAPP/SAR Underwriter - "Step by Step Instruction" instructor-led recorded online webinar is ideal for new & existing mortgage underwriters looking to obtain a VA LAPP/SAR designation. Students will become familiar with the duties of a LAPP/SAR, recognize the requirements and processes for ordering and reviewing appraisals, and delivering Notices of Value (NOV) to the veteran borrower. Students will be able to identify eligible property types, ensure appraisals meet minimum property requirements, review sample documents, common SAR errors and end the class with a test case to reinforce the topics covered. This training is intended for processors, underwriters and anyone new to the VA loan program.
- Overview of the VA Loan Program
- Eligible Loan Purpose
- Veteran Eligibility
- Entitlement and Guaranty
- Blue Water Navy Act
- Funding Fee
- Credit Standards
- VA Credit Underwriting Approval
- Lender Appraisal Processing Program: VA LGY Hub
- Eligible Properties
- Appraisal and Property Standards
- VeroSCORE Appraisal Manager
- Preparing a Notice of Value
- VA Resources
- Appraisal Case Study Review
- Multiple Practice Quizzes
- Download Course Catalog >>
- Instructor-Led Online Webinar
- Duration: 24/7 Access for 1-Year
- All Course Materials are Downloaded as PDF Files
- Source Links Included - Get Further Clarity & Updates
- Certificate of Completion Downloaded as a PDF File
- Job Search Resources (Upon Request)
- Download Course Catalog >>
WHO SHOULD ATTEND: Aspiring mortgage processors & underwriters wishing to learn the LAPP/SAR process, from A to Z. Whether you're unemployed and looking to enter the mortgage underwriting profession, or you're currently working at a bank or lender as an underwriter or processor, this training program will provide the skills you need to succeed as an effective mortgage professional. Also ideal for loan processing & underwriting managers looking to train their existing staff on LAPP/SAR underwriting principles.
HOW IT WORKS: As soon as 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 IMMEDIATELY.
ABOUT THE INSTRUCTOR: Each CampusMortgage® instructor has 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.
SYSTEM REQUIREMENTS: You will need the following: 1) a Computer/Tablet, 2) Internet and 3) Computer Speakers. Please check beforehand to make sure these items are working properly.
GRADUATION: Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.
Need Help? Call us today toll-free at 1-800-865-8550 Press 1