The latest and best FHA (Federal Housing Administration) training resource for new and seasoned loan originators, loan processors, mortgage brokers, and mortgage training professionals who want to learn FHA loan origination in a quick yet thorough manner. Learning FHA mortgage loan origination doesn't have to be hard---this training resource breaks down the FHA loan origination process, making it easy to learn. The FHA Training Manual for Loan Officers and Loan Processors is in-depth and loaded with information to guide you through originating FHA-insured mortgages. It's perfect as an FHA training textbook for loan officer and loan processor classes and in office-training sessions. The FHA Training Manual discusses Housing & Urban Development (HUD) overview, purpose of FHA mortgage insurance programs, FHA Direct Endorsement, specific FHA loan origination functions and services, FHA Connection, FHA underwriting and credit policy, mortgage terms, program types, loan amounts, LTVs, minimum cash investments, property eligibility, mortgage file submission, FHA automated underwriting, FHA closing requirements, FHA loan documentation requirements, FHA reporting requirements, FHA borrower eligibility and credit analysis, borrower employment and income, special FHA underwriting, and much, much more. The FHA Training Manual for Loan Officers and Loan Processors (2nd Edition) is a must have for loan originators, loan processors, mortgage brokers, and mortgage trainers.

Thinking about a career as a residential mortgage loan officer? Our Manual provides loan officer training and mortgage broker training for individuals at every level of the mortgage industry-from basic training for those just starting out

The Doing Business with FHA section in this FHA Single Family Housing Policy Handbook (SF Handbook) covers Federal Housing Administration (FHA) approval and eligibility requirements for both Title I lenders and Title II Mortgagees, as well as other FHA program participants. The term "Mortgagee" is used throughout for all types of FHA approval (both Title II Mortgagees and Title I lenders) and the term "Mortgage" is used for all products (both Title II Mortgages and Title I loans), unless otherwise specified.