Join Program

Refer a Participant seeking Job Readiness Skill-up Program who cannot afford payment and get 50% scholarship on your course fee.(The referred aspirant gets 100% course fee scholarship)

Career in US Residential Mortgage Loan Underwriting(Course Code-USRM108)

Training Module & Schedule Week 1
Day 1 Day 2 Day 3 Day 4 Day 5
Introduction US Mortgage:
  1. US Mortgage Journey
  2. Mortgage Liecycle
  3. Federal Agency
  4. Secondary Market World
5 Hours
Mortgage types:
  1. Conventional
  2. FHA
  3. VA
  4. USDA
Mortgage rate:
  1. Fixed
  2. Variable
Mortgage purposes:
  1. Purchase
  2. Refinance - Limited Cash Out & Cash Out Refinance

Overview on 4C Concept

5 Hours
Underwriting Concept:

4C's In Depth Review

  1. Credit
  2. Capacity
  3. Capital
  4. Collateral
Introduction to Loan Application Form 1003 5 Hours
Introduction to AUS
Employed Income and Employment Type:
  1. Employed/Self Employed (Overview)
  2. Paystubs
  3. W-2
  4. WVOE
5 Hours
Self Employed Income:
  1. SE Income types
  2. Income docs
  3. Personal tax return
  4. Business tax return
5 Hours
Training Module & Schedule Week 2
Day 1 Day 2 Day 3 Day 4 Day 5
Other Income types:
  1. Retirement Income
  2. SSA Income
  3. Child support
  4. Alimony
  5. Pension
5 Hours 5 Hours
Asset:
  1. Overview of Asset Requirement
  2. Asset Ratio
  3. Asset Docs
5 Hours
Credit & Liabilities:
  1. Indepth Review of Credit
  2. Adverse Policy
  3. Credit Ratio
5 Hours
Final Assessment 3 Hours

Eligibility

  • Recognized Undergraduate Degree with at least 50% score.
  • Must pass through TAAD(Training Aspirant Assessment Discussion).
  • Must possess minimum gadget & internet bandwidth requirements as all courses are online live sessions.
Professional Resume Building Assistance fully provided
Refresh, Recall, Re-train Sessions on weekends as and when required
Mock Interview Sessions conducted with Realtime Interview Questions
Get Deployed into Realtime US Mortgage Project on our Client Payroll/RAMSOL Payroll/Open Projects on clearing Final Assessments

Potential Employers you can Apply-To Current Open Job Posting Positions (updated weekly)
1.Mr.Cooper
2.Situs AMC
3.First Source
4.Consolidated Analytics
5.Ocwen Financial Solutions
6.Visionnet Systems
7.Indicom
8.Wipro
9.HCL
10.Infosys
11.TCS
12.Concentrix
13.WNS Global Services