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 | Welcome to the Certified Residential Underwriter (CRU) Program. The curriculum for this designation is progressive and comprised of three levels. The first two levels the achievement certificate and professional certificate lay a foundation for the final level, the CRU itself. | The progressive CRU curriculum establishes the standard for professional excellence and training in residential mortgage loan underwriting. Throughout the levels of this program, students learn tangible skills to increase accuracy in underwriting.
The program provides training to develop specific skills that contribute to reduced error rates, increased productivity, quicker decisions and ultimately improved quality. In addition to these essential skills, students gain the most current knowledge of influencing factors, such as laws, regulations and issues such as fraud.
All courses for the CRU are web-based. All courses can be accessed from anywhere, at anytime. Once enrolled in a course a student has 12 months to complete it.
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| Level I
Residential Underwriter Achievement Certificate | Prerequisites
- A minimum one year of industry experience is recommended.
Step 1:
Enroll in the Achievement Certificate
Option 1: Regular Enrollment
Enroll in the program and exam only (courses not included).
Option 2: Complete Package Enrollment
Enroll in the program, courses and exam for a special price.
Note: Package registration for the Residential Underwriter Achievement Certificate cannot be completed online. To register, call (800) 793-6222 (select option 3).
Option 3: Enterprise Enrollment:
Certify your servicing staff through this program. Learn more about CampusMBA's Enterprise Certificate Progams, or call (800) 793-6222 (select option 3).
Step 2:
Complete Required Level I Curriculum
Complete the following four web-based courses, and one elective. If you chose option 1 above, you will need to enroll in each of the courses separately.
Required Courses
Electives (complete one)
Acceptable Substitutions
- Substitute CampusMBA's instructor-led program Underwriting University in place of Basic Appraisal Underwriting, Essentials of Residential Underwriting and Underwriting Capstone 101.
- Substitute a certificate of completion from Fannie Mae's Basics of Desktop Underwriter classroom training or Freddie Mac's Loan Prospector Specialist in place of Underwriting Capstone 101.
Please note: You don’t need to enroll in the program to take any of the courses listed above.
Step 3: Pass the Level I Exam
Pass the CRU Level I comprehensive exam. Passing the test earns the Residential Underwriter Achievement Certificate.
Please note: You must be enrolled into the program to take the level 1 exam and earn a certificate. The exam is included in all registration options.
About this achievement : The Residential Underwriter Achievement Certificate recognizes professionals who have achieved a foundation of knowledge in residential underwriting. Many leading companies have pursued this certification for their underwriting personnel.
Next steps: While many individuals and companies choose to conclude their education with this achievement certificate, many continue on to complete Level II, the Residential Underwriter Professional Certificate. |  |
| | Level II
Residential Underwriter Professional Certificate | | Prerequisites
- Three of four years of industry experience is recommended.
- Completion of the Residential Underwriter Achievement Certificate (CRU Level I)
Step 1:
Enroll in the Professional Certificate
Option 1: Regular Enrollment
Enroll in the program and exam only (courses not included).
Option 2: Complete Package Enrollment
Enroll in the program, courses and exam for a special price.
Note: Package registration for the Residential Underwriter Professional Certificate cannot be completed online. To register, call (800) 793-6222 (select option 3).
Option 3: Enterprise Enrollment:
Certify your servicing staff through this program. Learn more about CampusMBA's Enterprise Certificate Progams, or call (800) 793-6222 (select option 3).
Step 2:
Complete Required Level II Curriculum
Complete the following web-based courses. If you chose option 1 above, you will need to enroll in each of the courses separately.
Required:
Elective (choose two):
Step 3: Pass the Level II Exam
Pass the CRU Level II comprehensive exam. Passing the test earns the Residential Underwriter Professional Certificate.
Please note: You must be enrolled into the program to take the level II exam and earn a certificate. The exam is included in all registration options.
About this achievement : The Professional Certificate is designed for residential underwriters seeking recognition for continued excellence in education and professionalism. Many leading companies have pursued this certification for their underwriting personnel.
Next steps: While many individuals and companies choose to conclude their education with this professional certificate, many continue on to complete Level III, the Residential Underwriter (CRU) Designation. | | |
| | Level III
Residential Underwriter (CRU) Specialist Designation | | Prerequisites
- Four or more years of industry experience is recommended.
- Completion of the Residential Underwriter Achievement Certificate (CRU Level I) and Professional Certificate (CRU Level II)
Step 1:
Enroll in the Specialist Designation
Option 1: Regular Enrollment
Enroll in the program only (courses and exam not included).
Option 2: Complete Package Enrollment
Enroll in the program and courses for a special price (the exam fee is not included).
Note: Package registration for the Residential Underwriter Specialist Designation cannot be completed online. To register, call (800) 793-6222 (select option 3).
Option 3: Enterprise Enrollment:
Certify your servicing staff through this program. Learn more about CampusMBA's Enterprise Certificate Progams, or call (800) 793-6222 (select option 3).
Step 2:
Complete Required Level III Curriculum
Required:
Elective (choose two):
Step 3:
Enroll in and pass the Level III Exam
Pass the CRU Level III comprehensive exam.
Passing the test earns the Residential Certified Loan Officer (CRU) Designation.
About this achievement: Many leading companies have pursued this certification for many of their underwriting personnel.
The specialist designation, offered exclusively by CampusMBA, the education division of the Mortgage Bankers Association (MBA), elevates underwriting to a higher level of professionalism through enhanced processes and increased efficiencies. CRU Designees have the knowledge and confidence to perform better and bring more value to their companies.
Maintaining the CRU Designation: Maintain your designation by completing five points of continuing education every two years. Continuing education can be earned by successfully completing one of the applicable CRU courses not previously taken or by attending MBA conferences and/or conventions. Prior to the end of the two-year period, designees must complete the CRU Continuing Education Reporting Form and submit it with a $100 re-accreditation fee.
Next steps: If you have been in the business five or more years, consider becoming a Commercial or Residential Certified Mortgage Banker (CMB) designee. | | |
| Support for the CRU Designation
 | Thanks to Genworth Financial for its support of the CRU Designation. Genworth Financial's courses and content have been implemented into the program curriculum to complement CampusMBA's current offerings to the real estate finance industry.
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