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LAPP/SAR Underwriter Training

Online Course: ID# 1004778
Price: $395.00
About This Course:
"LAPP/SAR Underwriter Training" is an in-depth, instructor-led online program that will help you become familiar with the duties of a VA LAPP/SAR,recognize the requirements and processes for ordering and reviewing appraisals, and delivering Notices of Value (NOV) to the veteran borrower.

It is designed to teach the duties of a LAPP/SAR to new and seasoned mortgage underwriters alike.

Course Outline

In this course you'll learn about the lender appraisal processing program (LAPP), how to order and review appraisals, deliver notices of value (NOV), and more, including:
  • Property eligibility
  • Appraisal processing procedures
  • WebLGY
  • Minimum property requirements
  • Appraisal report review
  • Termite requirements
  • Sample documents
  • Common SAR errors
  • Recent circulars
  • Resources
  • Test case
Upon finishing the course you will receive a Certificate of Completion and skills required to be successful in the mortgage industry.

Anticipated Time To Complete

This online course will take approximately three hours to complete. You do not have to complete the course in one sitting - there are bookmarks in this course that allow you to stop and restart as needed.

Access Information

Upon enrollment, you'll receive an email from the course provider (CampusMortgage®) with links and passwords to access the course. You will have full access to the course for one full year.

Top FAQs

LAPP is the Lender Appraisal Processing Program that is a available to lenders that have met specific requirements for veteran buyers. SAR is the acronym for Staff Appraisal Reviewer.
They must be able to identify eligible property types, ensure appraisals meet minimum property requirements, identify, the requirements and processes for ordering and reviewing appraisals, review sample documents, deliver Notices of Value (NOV) to the veteran borrower, and be able to identify common SAR errors.
LAPP/SAR Underwriter Training
Price: $395.00
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