The "Loan Processor Boot Camp" is offered through the National Association of Mortgage Processors (NAMP)®. This comprehensive 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 Modules

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

Loan Processing 101 - The Basics

• The loan cycle
• Processor duties
• Loan documentation

Advanced Loan Processing - Real World Lessons

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

FHA/VA Processing

• What are FHA/VA Loans?
• DO/DU or LP approval
• TILA-RESPA Integrated Disclosures (TRID)

Mortgage Underwriter 101 - The Essentials

• Loan Programs
• Underwriting tools
• Credit report review

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

Appraisal Review Workshop

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

Tax Returns Analysis Workshop

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

Anticipated Time To Complete

This online program will take approximately 24 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.