The Certified Mortgage Underwriter (NAMU®-CMU) is a "professional development" training & certification program ideal for entry-level residential mortgage underwriters on the fast track. Having the the NAMU®-CMU certification will help jumpstart your mortgage underwriting career, and give you a boost to help land that perfect mortgage underwriting promotion or job.
NAMU®-CMU Certification Includes (3) Online Webinars:
- Underwriter 101 - "The Essentials" (6-HOUR WEBINAR)
- Advanced Underwriting - "Real World Lessons" (6-HOUR WEBINAR)
- Due Diligence in Underwriting (6-HOUR WEBINAR)
Also Includes a 1-Year NAMU® Membership Plan.
Earning the NAMU®-CMU Certification Means You Have:
- Completed (18) hours of training through CampusUnderwriter®
- Agreed to, and successfully passed a background check (via a 3rd-party secure online portal).
- Agreed to abide by a the highest professional code of conduct and ethical standards.
- Passed a 30-question online Proctored Exam (via Webcam) with 80% of Higher.
- Committed to maintain an active NAMU® membership in good standing with yearly re-certification.
HOW IT WORKS: As soon as you enroll, we will email you the Recorded On-Demand Self-Study Webinars & Course Materials, so you can start taking the training IMMEDIATELY. You can ALSO attend the "live" instructor-led online webinars at NO extra charge (which are scheduled periodically throughout the year.) NOTE: You’ll have unlimited access to both the Recorded Self-Study Webinars and the "Live" Instructor-Led Webinars, at NO extra charge for 1 year.
WHO SHOULD ATTEND: Aspiring mortgage underwriters wishing to enter the mortgage underwriting profession. Whether you're unemployed and looking to land a junior mortgage underwriting job, or you're currently working at a bank or lender as an underwriter, this entry-level mortgage underwriting certification program will help provide the skills you need to succeed as an effective mortgage underwriter. Also ideal for underwriting managers looking to train their existing staff on proven mortgage underwriting principles.
ABOUT THE INSTRUCTOR: Each CampusUnderwriter® instructor has an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more.
SYSTEM REQUIREMENTS: You will need the following: 1) a Computer, 2) Internet (DSL or higher), 3) Computer Speakers and 4) Webcam/Microphone. Please check beforehand to make sure these items are working properly. Note: dial-up internet connection will not work and wireless internet must have a full signal.
EXAM FORMAT: The exam is a timed 1-hour open-book online "proctored" (via WebCam) 30-question exam (multiple choice/true & false). You must get 80% or higher to pass exam. NOTE: You may also re-take the exam up to 3 times with a 2-week "cooling off" period in between each failed exam. If you fail the NAMU®-CMU exam three times, you must wait 1 year before you can re-register for the NAMU®-CMU certification -- the 1-year waiting period will start from the date of the third failed exam.
GRADUATION: Upon successful completion of each online webinar, you will be emailed a Certificate of Completion. In addition, once you've passed the background check & exam, you will be issued your NAMU®-CMU certificate as a PDF File.
Yearly NAMU®-CMU Re-Certification: You must re-certify yearly to keep NAMU®-CMU Certification active. And as such, you will have the option each year to renew your NAMU®-CMU certification. If you choose to do so, a $299 re-certification charge will apply each year; at which time, you will be required to take a new exam and pass a new criminal/sex offender background check via a third-party provider. The $299 re-certification charge will provide you with an additional year of access to the updated course materials as well the (18) hours of online training. You’ll also have an additional year to ask questions directly to the instructors.
Refund Policy: No refunds or credits will be issued if a student and/or customer has logged into any recorded/“live” webinar course or has requested a Certificate of Completion for the course/certification/bootcamp/bundled package purchased. If a student and/or customer has not logged into a recorded/“live” webinar course or has not requested a Certificate of Completion, the customer is entitled to a full refund (minus a $75 administrative cancellation fee) provided a refund request is received in writing or via e-mail by NAMU® within (5) calendar days from the date of purchase.
Training & Certification Disclaimer: All training & certification offered through NAMU® is "professional development" and is for informational purposes only (not to serve as licensure training or legal advice). Obtaining NAMU®-CMU certification does not imply you are an "expert" or "licensed" in any mortgage related field -- it simply means you have taken (18) hours of training, passed a 1-hour timed online proctored exam and passed a third-party background check. It also does not guarantee you will find a job. We do not provide job placement assistance. We are not owned, operated or affiliated with HUD, FHA, VA, State Government or Federal Government in any way. The NAMU®-CMU certification is not a local, State or Federal Government issued certification. We reserve the right, at any time, to strengthen and enhance the NAMU®-CMU certification by changing curriculum and/or discontinuing any of the training classes included in the NAMU®-CMU certification. We also reserve the right, at any time, to change the NAMU®-CMU certification process and/or discontinue the NAMU®-CMU certification altogether.
TOTAL PRICE: $795.00... SAVE $450
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