This course presents the basics of multifamily underwriting - the players, the risks, the documents, and the programs. This comprehensive course describes the necessary analytical tools and documents needed to underwrite a multifamily loan. Students will learn what multifamily property is, knowledge and skill requirements for a multifamily underwriter, etc.; the common types of ownership entities and their corresponding principals; what information is contained in the market analysis and how this information is obtained; how the operating statement is used and how the income and expenses of multifamily properties are evaluated; how to select the appropriate loan program; and various lenders' program requirements and features. 
  
NOTES:  This is a self-paced, self-study course. Enroll anytime and take up to 8 months to complete the course.