MBA Education Residential Underwriting Basics Courses Continues Apr. 19, 26
MBA Education’s four-part Residential Underwriting Basics Webinar series continues April 19 and 26, online.
Residential Underwriting Basics Part III: Credit and Assets
Tuesday, Apr 19, 2:00-3:30 p.m. ET
This webinar will provide loan processors and those new to mortgage lending with an understanding of underwriting fundamentals with a focus on credit and assets requirements. We will review documentation requirements and guide participants through different methods of analyzing credit and assets requirements.
Objectives
–How to calculate monthly debt payments and discuss a credit history in order to assess the creditworthiness of a borrower
–How to demonstrate that the borrower has sufficient assets to close the loan
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2161716AF/REGIS.
Residential Underwriting Basics Part IV: Collateral
Tuesday, Apr. 26, 2:00-3:30 p.m. ET
This webinar will provide loan processors and those new to mortgage lending with an understanding of underwriting fundamentals with a focus on the collateral requirements. We will review documentation requirements and guide participants through different methods of analyzing collateral/appraisal requirements.
Objectives
–Discuss key components of the Uniform Residential Appraisal Report
–Discuss responsibilities of the lender with regard to appraiser selection and management and with regard to appraisal review
–List documentation needed for an appraisal, including required forms, contracts and exhibits
–Summarize key areas of concern within each section of the Uniform Residential Appraisal Report
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2161716AG/REGIS.
Who Should Attend
–Junior Loan processors –Individuals new to the Mortgage Industry
Speaker
–April Harding Childers, Operations Training Manager, Genworth Financial
Discounts
MBA Education offers a 15 percent discount for anyone who signs up for all four webinars. Use GROUP15 promo code.