Written By: Glenn Michaels
For a long time under the Obama Administration mortgagor’s under certain conditions were able to apply for a mortgage loan modification. The HAMP program is actually called the Home Affordable Modification Program.
Written By: NAMU® Staff Writer
Owning a home is a big financial commitment, however there are many benefits that make homeownership a worthwhile endeavor.
Written By: Glenn Michaels
There are certain situations where the borrower must show that they have reserves after closing. Individuals purchasing or refinancing three and/or four family homes with FHA financing must provide evidence that they will have three (3) months of PITI reserves. The reserve does not include funds received from a gift. The reserves must be the borrower’s own money.
Find out about our organization, mission, our methods, and our approach to comprehensive mortgage education. From online mortgage underwriter training classes, to comprehensive mortgage underwriting webinars, to thought-leader certifications, NAMU® has the right mortgage training solution for you.
Ready to take your mortgage underwriting career to the next level? Join NAMU® today, and start networking with other like-minded mortgage underwriters. And as an NAMU® member, you'll also enjoy discounts on training classes, exclusive access to our members-only discussion group, premium exposure within our member directory and more.
As the voice of today's mortgage underwriter, the National Association of Mortgage Underwriters® (NAMU®) offers a variety of mortgage underwriting training webinars, certification programs, mortgage underwriter job postings, job placement resources, networking opportunities and more. Get certified as a mortgage underwriter today, and let us help you find that right mortgage underwriting job. From networking opportunities through our members-only NAMU® Discussion Group to salary requirements, average mortgage underwriter salaries and more.
In partnership with our sister organization, the National Association of Mortgage Processors® (NAMP®), we now offer an online directory of contract processors (www.ContractProcessor.org) as a cost-effective way for contract mortgage processors to advertise their services; at the same time, allow mortgage brokers/lenders an easy way to locate qualified contract processors.
--> Search for Contract Processors
Use our advanced search tools to find contract processors by specialty or location. Find the right contract processor for your needs by comparing quotes, reviews, and full profiles on each contract processor.
--> Compare Contract Processor Offerings
After searching for contract processors, compare details from their listings. It's easy to search and find the contract processors that you need. Read details and learn more about them.
--> Contact Contract Processors Directly
Once you find the contract processors that you like, contact them to get more information. Feel free to contact multiple contract processors to get more responses and ensure you get the best results!