Significant Changes to Mortgage Loans: TRID and FHA

Wednesday, Apr 25, 2018 at 1:00 PM to 4:00 PM EST

Maximum One Community Realtors ~ Emerson Office, 708 Highway 293, Emerson, GA, 30137, United States

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Wednesday, Apr 25, 2018 at 1:00 PM to 4:00 PM EST

Maximum One Community Realtors ~ Emerson Office, 708 Highway 293, Emerson, GA, 30137, United States.

Free 3 Hr CE Credit

Significant Changes to Mortgage Loans: Trid and Fha

Taught by: Sara Dearing

Homestar

Description: A general overview of the FHA loan program. We will go over the different repair escrows for FHA loans. We will go over how to calculate the Up-front Mortgage Insurance Premium, as well as the monthly Mortgage Insurance. How we use the Automated Underwriting System (AUS – Desktop Underwriter) to determine eligibility as “Accept/Eligible” or if it is a Manual Downgrade. Guidelines/compensating factors for a manual downgrade. FHA 90-day flipping rule and 91-180 flipping rule. The class will have an open discussion for questions and answer throughout.  

Lynn Lenton

http://maximumonecommunityrealtors.com

Maximum One Community Realtors and Georgia Academy of Real Estate

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