Certified Residential Underwriter: Designation Package

Certified Residential Underwriter (CRU) Education Loan Production (Origination, Underwriting, Processing) Residential
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Option Price
Member $750.00
Non-Member $1,600.00

Certified Residential Underwriter: Designation Package

The Certified Residential Underwriter: Designation component is the final step in the Certified Residential Underwriter (CRU) learning path. This progressive curriculum establishes the standard of training for residential underwriting professionals. Completion of this program along with the prerequisites results in the award of the CRU designation credential. The CRU Specialist Designation recognizes an individual's superior knowledge and experience in underwriting practices, theories and applications. CRU designees become members of an elite network of residential underwriting professionals.

The designation package includes the cost of all applicable courses, enrollment, and exam fees.

The Certified Residential Underwriter: Designation package includes:

  1. RS_LP_U_304 Manual Approach to Underwriting
    • Underwriting Methodology
    • Fannie Mae Manually Underwritten Loans
    • Freddie Mac Manually Underwritten Loans
          
  2. RS_LP_U_306 Evaluating Business Tax Returns
    • Business Structures for Self-Employed Borrowers
    • Evaluating Sole Proprietorships
    • Evaluating Partnerships
    • Evaluating Corporations
          
  3. RS_LP_U_309 Underwriting Requirements for Manufactured Housing
    • Introduction to Manufactured Housing
    • Fannie Mae Guidelines for Manufactured Homes
    • Freddie Mac Guidelines for Manufactured Homes
          
  4. RS_LP_U_310 Underwriting Properties with Collateral Challenges
    • Underwriting Properties with Marketability Issues
    • Underwriting Properties with Structural Issues
    • Underwriting Properties with Environmental Issues
          
  5. RS_LP_U_311 Underwriting Alternative Mortgage Products
    • Underwriting Affordable Solutions
    • Underwriting Reduced Payment Products and Piggyback Loans
    • Underwriting Government Loans
          
  6. Certified Residential Underwriter: Designation Exam

Click to learn about the Certified Residential Underwriter: Designation curriculum.

The courses represent approximately 15 hours of seat time.

Completion of the Residential Underwriter: Level I Certificate and Residential Underwriter: Level II Certificate programs are prerequisites for this program.