This course presents an overview of credit scoring and its use in mortgage lending. Students will learn what credit scores are, how they are determined, and how they are used in the qualifying, underwriting, servicing, and portfolio management areas of mortgage lending. This course will concentrate on what a 'credit score' is, how it is used by mortgage lenders, and its major advantages; factors and process of generating credit scores; and the major investor guidelines for underwriting an application based on its FICO score. 
  
NOTES:  This is a self-paced, self-study course. Enroll anytime and take up to 8 months to complete the course.