Getting to Accept – Using Loan Product Advisor to Your Advantage, June 25

About the Event

This is a sponsored webinar. Please be advised your contact information will be shared with the sponsor.

Reduce costs, improve efficiency and deliver a better borrower experience with Freddie Mac’s automated underwriting system (AUS) – Loan Product Advisor® (LPA®). Join us for part 1 of our webinar series on how to quickly view key results so you don’t miss an opportunity for your borrower.

When a loan receives a Caution risk class, loan originators may be unsure about how to proceed and might even consider it a hard stop. However, a Caution can be an opportunity, one that with more information about our purchase requirements, could turn into an Accept. In this webinar, loan originators will learn:

– How to use LPA ChoiceSM actionable caution feedback messages
– How LPA Choice messages use dynamic data points (debt-to-income ratio, loan-to-value ratios and reserves) to provide simple and clear direction
– How to use these messages to potentially turn Cautions into Accepts

Date/Time:

Wednesday, June 25 (2:00 PM – 3:00 PM ET)

Objectives:

Identify LPA Choice messages on the LPA Feedback Certificate and how to use them in understanding next steps
Explore opportunities to restructure the loan and turn Cautions to Accepts
Make faster, informed decisions about how to proceed

Experience Level:

Entry Level
Intermediate
Advanced

Target Audience:

Loan Officers
Loan Officer Assistants
Branch and Regional Managers
Heads of Production
Corporate Trainers

Speaker:

Susan Thoma, Learning Solutions Manager, Freddie Mac
Patti Howard, Client Education Services Senior Trainer, Freddie Mac

Click here for more information.