
LAPP/SAR Underwriter - "Step by Step Instruction"
Need Help? Call us today toll-free at 1-800-865-8550 Press 1 for SalesCOURSE DESCRIPTION: The LAPP/SAR Underwriter - "Step by Step Instruction" instructor-led recorded online webinar is ideal for new & existing mortgage underwriters looking to obtain a VA LAPP/SAR designation. Students will become familiar with the duties of a LAPP/SAR, recognize the requirements and processes for ordering and reviewing appraisals, and delivering Notices of Value (NOV) to the veteran borrower. Students will be able to identify eligible property types, ensure appraisals meet minimum property requirements, review sample documents, common SAR errors and end the class with a test case to reinforce the topics covered. This training is intended for processors, underwriters and anyone new to the VA loan program. COURSE OUTLINE: Overview of the VA Loan Program Eligible Loan Purpose Veteran Eligibility Entitlement and Guaranty Blue Water Navy Act Funding Fee Credit Standards VA Credit Underwriting Approval