FHA Mortgage Master Class™

Provides all the foundational knowledge a mortgage professional needs to know to master understanding of current guidelines, calculations and ideal customers for the FHA mortgage lending product

 

Intended Audiences

Available Formats

  • In Person
  • Live Webinar

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What’s Included

  • 3 interactive lessons covering 21 critical concepts for understanding FHA 

  • 3 quizzes – one at the end of each lesson

  • Final exam at the end of the course

  • Access to a XINNIX Performance Specialist 

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Designed by XINNIX®, the industry’s foremost expert in mortgage training, the FHA Mortgage Master Class™ leverages our powerful Learning and Performance Center to give students access to their lessons online. 

The class includes 3 highly interactive lessons covering 21 critical areas of mastering the FHA mortgage loan. At the conclusion of each class students will be quizzed on their understanding of the material. Upon completing all three lessons, students will receive a comprehensive final exam. As is the standard for all XINNIX Programs and Training Classes, participants will have access to a XINNIX Performance Specialist for support. 

Agenda

Class I

Participants will learn the general guidelines of FHA loans, Mortgage Insurance requirements and FHA specific terminology to support the mortgage professional’s ability to efficiently and accurately take a FHA loan files. 

  • Verify borrowers’ eligibility 
  • Explain mortgage amount limits 
  • Identify down payment requirements 
  • Explain occupancy requirements 
  • Identify allowable borrower-paid costs 
  • Identify allowable seller contributions 
  • Calculate MI premiums for FHA loans 
  • Calculate FHA Qualifying Ratios 
  • Explain various FHA specific terms 

Class II

This lesson provides the working knowledge needed to address property and assets when processing an FHA file. 

  • Verify property eligibility for FHA loans 
  • Explain water and sewer requirements 
  • Discuss allowable down payment sources 
  • Identify allowable sources of income 
  • Calculate allowable sources of income 
  • Determine liabilities in qualifying ratios 
  • Calculate monthly obligations and ratios 
  • Explain how to address credit issues 
  • Document details to the FHA application 

Class III

In this lesson, students will explore the basic current guidelines for each of the three types of FHA refinances as well as additional underwriting and eligibility criteria. 

  • Understand borrower eligibility 
  • Identify necessary documentation 
  • Distinguish differences between 3 types of FHA refinances 

Register for FHA Mortgage Master Class™ today!

FHA MORTGAGE MASTER CLASS™
$499.00/personREGISTER

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XINNIX Enterprise Partnerships empower businesses to achieve company-wide production growth with customized development programs, business management tools, highly-trained XINNIX Performance Specialists and more. Contact our sales team for more information.

Talk to Us

If you have any questions about our programs or other offerings, we’d love to hear from you! Call us at 678.325.3500 or contact us online!

Mortgage professionals find success and grow their business with XINNIX.

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XINNIX is dedicated to your success. Whatever your professional goals, we can create a learning plan tailored to your needs.

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2 to 4 Additional Units per Month

XINNIX clients report a lift of 2 to 4 additional units per month per loan officer

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Next Steps

Continue your XINNIX journey with THE COMPLETE LOAN APPLICATION, setting the stage for success with a focus on application quality, customer service, and creating raving fans.

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