| Public Course Delivery Method: Guided Web-based Course
Duration of Course: Three Weeks
About this Course
| 16 Hour SAFE Elective: Closing, Post Closing & Insuring FHA Loans Guided Web-based Course (Course ID 1105), part of CampusMBA FHA Central, is a highly interactive guided Web-based course that focuses on the FHA loan process. |  |
This course is approved by the NMLS for 16 hours of pre-licensing elective education. Visit CampusMBA SAFE Act Central to learn more.
The last stages of the loan process can be the most critical, especially with FHA loans. After an FHA loan closes, it must be sent to the correct FHA Homeownership Center (HOC) for review. The HOC will review the file for compliance with FHA requirements and will issue a Mortgage Insurance Certificate (MIC) if the loan is properly closed and packaged. The insuring step is separate from sending the loan to an investor for sale or funding and separate from getting the loan set up in servicing.
This course will closely examine each step in the FHA loan process.
Learning Objectives Over a three-week period, students will gain a firm foundation in all functions of closing, post closing and insuring FHA Loans and insights into:
- FHA mortgage lending industry
- FHA loan process
- New regulations affecting loan closings and insuring
We recommend that students have a basic knowledge of FHA, but everyone is welcome.
Learn more at CampusMBA FHA Central. View a sample course agenda.
 | | About CampusMBA FHA Central
16 Hour SAFE Elective: Closing, Post Closing & Insuring FHA Loans Guided Web-based Course is part of CampusMBA FHA Central, the unique one-stop shop designed to help industry professionals increase their single-family FHA and VA business. FHA Central is ready to serve your organization. Over the past year, many lenders have seen their FHA and VA business increase from as little as 2 percent to as high as 15 percent or more. FHA Central can help you stay competitive by capitalizing on this increasing home buyer demand for FHA and VA loans.
Many top lenders have already tapped into the tools that FHA Central has to offer. Now is the perfect time to join them. Visit FHA Central.
|  | Designation Credit
| Successful completion of this event will earn the participant 5 points toward MBA's Certified Mortgage Banker (CMB) Designation. |  | |
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