Course Curriculum Overview
44 Comprehensive Chapters Organized in 7 Parts:
PART 1: FOUNDATIONS (Chapters 1-5)
Introduction to Underwriting • Regulatory Framework (B-20, CMHC) • Lender Types • Mortgage Products • Credit Analysis
PART 2: BORROWER ASSESSMENT (Chapters 6-13)
Income Verification • Stated Income Programs • Down Payment Verification • Gift Letters • Debt Ratios (GDS/TDS) • Guarantors • Bankruptcy Guidelines • Divorce Scenarios
PART 3: PROPERTY ASSESSMENT (Chapters 14-18)
Property Types • Appraisals • Condos/Strata • Rural Properties • Environmental Issues
PART 4: SPECIALIZED SCENARIOS (Chapters 19-27)
Self-Employed • Investment Properties • New to Canada • First-Time Buyers • Refinances • Construction Mortgages • Private Lending • Alternative Lending
PART 5: DOCUMENTATION & COMPLIANCE (Chapters 28-32)
Document Verification • Fraud Detection • AML Procedures • Privacy • Closing Procedures
PART 6: ADVANCED UNDERWRITING (Chapters 33-38)
Manual Underwriting • Exception Management • Portfolio Insurance • Second Mortgages • Joint Ventures • Indigenous Programs
PART 7: PROFESSIONAL DEVELOPMENT (Chapters 39-44)
Communication Skills • Decline Management • Time Management • Career Development • Market Trends • Complex Case Studies
Each chapter includes: Learning Objectives • Real-World Examples • “Real Talk” Industry Insights • Quick Reference Tables • Practice Exercises • Answer Keys
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