Earn A Mortgage Underwriter Certification!

The "Certified Mortgage Underwriter" is a certification program offered through the National Association of Mortgage Underwriters (NAMU)®. Students receive the Certified Master Loan Underwriter (NAMU®-CMMU®) designation upon completion of the course and the accompanying exam.
 
This comprehensive certification training program covers a variety of key mortgage processor training areas. The program consists of several instructor-led online training modules and an exam at the end of the program.

The Mortgage Underwriter Training Modules

Below are the module titles and just a few of the learning items covered in each module.

Mortgage Underwriter 101 - The Essentials

• Loan Programs
• Underwriting tools
• Credit report review

Advanced Loan Underwriting

• Overtime, Bonuses, And Commissions
• Seasonal and salaried income
• Appraisal review

FHA/VA Underwriting

• Origination & Processing
• Credit: Total vs Manual
• Evaluating Liabilities & Debts
• FHA Forms and Disclosures

Due Diligence

• Manual income, credit, and appraisal underwriting
• Writing up compensating factors
• Identifying red flags

Fair Lending And Equal Opportunity Laws

• The purpose of the Fair Lending Laws and Regulations
• Protected classes
• Understanding and avoiding lending discrimination
• How to stay in compliance

CFPB Laws - Preventing UDAAP & Other Violations

• TILA - Reg Z
• RESPA - Reg X
• HMDA - Reg C
• S.A.F.E. Mortgage Licensing Act - Reg G
• Dodd-Frank: What You Need to Know so the Consumer Knows
• Applying the Rules

Appraisal Review Workshop

• Appraisal purpose/responsibilities
• Appraisal Section Review
• Credit report review

USDA Rural Housing Loan - How To Qualify, Process, And Underwrite

• Rural development income limits
• Rural development property eligibility
• Lender eligibility
• Determining eligibility
• Determining creditworthiness
• Property types
• Required forms
• Review and completion instructions for 1980-21

Tax Returns Analysis Workshop

• Loan Programs
• Underwriting tools
• FHA, MPR, and MPS

Calculating Income, DTI, And LTV Workshop

• Hourly wage/salary wage calculations
• Social security and pension calculations
• PITI, PITIA, Housing Ratio, Total Ratio, and Payment Shock calculations

Anticipated Time To Complete

This online program will take approximately 30 hours to complete. You do not have to complete this program in one sitting - there are bookmarks that allow you to stop and restart as needed.

Access Information

Upon enrollment, you will receive an email from the course provider (CampusMortgage®) with links and passwords to access your course. You will have full access to the course and it's modules for one full year.

FAQs

HOW IT WORKS:
As soon as you enroll, you will receive an email with a link and password to access our simple, easy-to-use online training portal. You have access to course materials and can send questions to the instructors for a period of one year from date of purchase.

EXAM FORMAT AND GRADUATION:
To earn the certification, you are required to pass a proctored exam. You may re-take the exam up to three times (Note: There is a two-week waiting period between each failed exam).

REFUND POLICY & TERMS OF USE:
Before purchasing any NAMP® certification program, we recommend you thoroughly read our Refund Policy & Terms of Use, which you can see in the 'Presenter' tab on this page.

YEARLY RE-CERTIFICATION (OPTIONAL):
Every year you will have the option to get re-certified. If you choose to do so, a re-certification charge will apply, at which time we will provide you with an additional year of access to the course materials and the online training. You also have an additional year to ask questions to the instructors.