FHA Section 232 Underwriter Training Program

Building on MBA's expertise in FHA multifamily lending, the comprehensive FHA Section 232 Underwriter Training Program offers the essential elements and requirements to become a certified underwriter in this space.  Following the successful models of the FHA MAP and FHA 221(d)(4) programs, MBA Education convenes industry leaders to equip professionals with the most comprehensive training for on-the-job success.

Learning Objectives

• Appraisal Review for LEAN Underwriting
• Eligible Debt in a 232 Mortgage
• ORCF Mortgage Credit
• Risky Business: Risk Management and Operations Analysis for HUD-insured Residential Care Facilities
• Financial Analysis
• HUD Healthcare Loan Sizings – Establishing a Successful Transaction
  

Key Business Applications

• Differentiate between the different types of senior housing and healthcare properties.
• Summarize key considerations i the valuations of healthcare properties.
• Generalize the decision circuit review.
• Comprehend eligible debt in loan sizing.
• Review debt seasoning and investigation.
• Accurately analyze and determine acceptability of borrowing entity and operator.
• Differentiate between the various risk management programs.
• Identify the requirements of state survey reviews.
• Analyze the operator’s financial and operating capacity.
• Differentiate between the various types of revenue sources for skilled nursing.
• Interpret factors considered in sizing a Section 232 transaction.

The Details

This virtual training will be delivered through six virtual sessions of 90 minutes each. Attendees are required to attend all sessions and complete the final assessment made available at the end in order to receive the MBA's Certificate of Completion.

Course Level: Entry-Level
Course Delivery Method: Instructor-guided online course
Online Course: Weekly 90-minute webinars 
Elements: Live online sessions and final exam

Who Should Attend

• LEAN Underwriters
• Financial Analysts
• Risk Managers and Professionals
• Appraisers