Have you ever wondered: "What is the underwriter thinking?
or
Are you a former Sub-prime and Alt-A originator or processor?
.......We have the course for you:
UNDERWRITING SENSE...into the Mind of an Underwriter
WHAT DO THEY WANT NOW!!!
This course is right on time. With the all the changes going on in the industry, this is the class that will get you back on track. This course goes over what the underwriter is looking for.
- Areas Commonly Missed on the 1003- we will go over the areas that slow your files down in underwriting.
- AUS Tips- we will discuss the areas in DU & LP that are overlooked and go over commonly misunderstood conditions.
- Reviewing the Credit Report- go over the credit report and the areas of interest to the underwriter.
- Income Calculation- goes over different pay stub styles and techniques to calculate income.
- Stated Income the Right Way! - discover different techniques to make your stated Income loans stronger.
- Asset Verification- go over assets and the best way to verify them
- Title Issues- review situations that cause title issues
- Appraisal Review- review the appraisal from the underwriter’s point of view.
This is a great course for loan officers and loan processors, account managers, loan coordinators and outsource processors who primarly delt with sub-prime and alt-a loans. The shift in the mortgage industry has left a lot of mortgage professionals confused frustrated and unable to to produce Quality Loans. This course is offered live, online, live online (by a mortgage underwriter) and as a self-study.
