Blue Ink vs Red Tape a.k.a. FHA vs Subprime
I've seen so many mixed opinions over the recurring strength that FHA Lending Programs are having and gaining in the current market and oddly to me as a veteran ...
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Education & Training |
RAINER 3,675 |
| Chaz Ramirez | ||
| location_on Dallas, TX — DE Underwriter, VA Automatic Credit Underwriter, VA SAR, Six Sigma Green Belt, Trainer, HUD Title II Approval Consultant | ||
| web Chaz Ramirez's Blog | ||
Get to Know Chaz Ramirez
I am a specialist in FHA/HUD Title II, Application and Approval process for Mortgage Brokers and Lenders, and a DE Underwriter with over 10 years experience. I have designed ground-up Government Lending Programs for major mortgage brokers to include FHA and VA Mortgage Origination Practices. I have developed ground-up Warehouse Lending Programs transforming Mortgage Brokers to Mortgage Bankers by creating Work-Flow, Vision, and Mission Statements that accommodate a sound and well designed Quality Control Plan built to provide strength, profitability, and growth.
Throughout my career I have developed my knowledge of Single Family Housing programs as they pertain to the Primary Market in mortgage origination, including single family mortgage insurance sections: 203(b), 203(k), 251, 221(d)(2), 234(c). I am considered by many to be a subject matter expert in Federal Housing Administration (FHA) mortgage insurance programs and lending practices. I have been involved in every aspect of the origination of FHA insured mortgages from origination, processing, closing, funding, and what I feel most important underwriting. I find my understanding of FHA's approach to mortgage credit analysis and loss mitigation to be one of my greatest professional strengths.
I have spent the majority of my career teaching sound techniques in underwriting, sales, processing, closing, funding, shipping, and as a consultant in overall operational efficacy.
Conforming Credit Score Adjustments (LLPAs) Killing your Bottom Line???
Conforming Credit Score Adjustments (LLPAs) killing your bottom line??Can FHA work for your Conforming Customers? With new conforming Loan Level Price Adjustme ...
Conforming Credit Score Adjustments (LLPAs) Killing your Bottom Line???
Conforming Credit Score Adjustments (LLPAs) killing your bottom line??Can FHA work for your Conforming Customers? With new conforming Loan Level Price Adjustme ...
Blue Ink vs Red Tape a.k.a. FHA vs Subprime
I've seen so many mixed opinions over the recurring strength that FHA Lending Programs are having and gaining in the current market and oddly to me as a veteran ...
Certifications
Want to become FHA/HUD Approved?
Intimidated by the HUD 11701? How do you conduct the consolidated audit for net worth requirements? What's the 4060.1?
From Business Form, to Net Worth, to Liquid Assets, Site and Signage, to Staff Requirements, Sponsoring Lenders, and most commonly weak Quality Control Plans there are many pitfalls in the HUD Title II Application and Approval process. Let us help you with your application and approval. We will consult with you on your eligibility and take over the process from there. We will direct you through what is required, inform you of what fees are due to HUD, and ask you to collect the supplemental documentation and you'll leave the rest to us. We will coach you each step of the way to being approved to do FHA business.
Don't be intimidated any longer. Approval is easier than you think with the right people there to help you.
FHA/HUD Title II Application & Approval Consultation Services:
Loan Correspondent (Mini-Eagle)Non Supervised Mortgagee (Full Eagle) Loan Correspondent to Non-Supervised Mortgagee Conversion Branch Office Notification Direct Nationwide Lending Branch Approval FHA Quality Control Plan
Services for Supervised Institutions (Banks and Credit Unions Only) include Loan Correspondent Application and Approval and Mortgagee Application and Approval.
You're Approved...Now What??
We also provide FHA Audit and Compliance Reviews and Training, as well as, pre-audit reviews if you have been notified of a pending HUD Audit for both existing and new clients.
We provide Staff Training for Processor, Originators, and Underwriters.
Contact me for more information and to start your consultation!
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Mortgage Operations Consulting, Training, Underwriting, Government Lending Operations, HUD Title II Application & Approval Consulting, Quality Control Review