Underwriting Training

Look Beyond the Numbers: Analyzing the 1004
Course Description: Comprehend the Uniform Residential Appraisal Report. Learn how to read and correctly interpret the appraisal and spot red flags within each section of the form. (Note: All Live Online Sessions are scheduled on Eastern Standard Time). 1 ½ hour Live Online ½ Day - Classroom Click Here for Registration Information...
Mortgage Fraud Fundamentals
Course Description: Mortgage Fraud continues to be prevalent in today's challenging market. Get back to the basics by attending this recently updated course. Participants will learn about emerging schemes and how mortgage fraud is perpetrated. You'll walk through spotting red flags in the loan file by reviewing and discussing some obvious and not so obvious examples of misrepresentation. (Note: All Live Online Sessions are scheduled on Eastern Standard Time) 1 hour Live Online Click Here for Registration Information...
Appraisals In-Depth
Course Description: This class is for experienced underwriters who want to improve their ability to analyze appraisals in this changing market. Participants will learn how to identify and respond when values and adjustments are not adequately supported, recognize when the subject property is in a declining market, respond to inconsistent information and verify that sales concessions have been adjusted appropriately. 1 1/2 Hour Live Online 1/2 Hour Classroom Click Here for Registration Information...
Back to the Future: Focus on Assets and Liabilities
Course Description: This session will review the various requirements for asset documentation. Discussions include, contingent and other liabilities, interested party contribution (IPS) and documentation acceptability. 1 Hour Live Online Click Here for Registration Information...
Back to the Future: Focus on Income
Course Description: Understand industry guidelines for income calculation, complete case studies designed to teach participants how to calculate income for commissioned borrower, bi-weekly and semi monthly income, annualize overtime income and evaluate bonus income. 1 Hour Live Online Click Here for Registration Information...
End the Enigma – Understanding Tax Returns
Course Description: Learn how to calculate qualifying income for self-employed borrowers and others utilizing the RMIC Tax Analysis Worksheet. This hands-on course illustrates the fundamentals of allowable add backs and required deductions, then dives into personal and business tax return analysis. ½ day – Classroom Click Here for Registration Information...
Good Comp/Bad Comp
Course Description: This course is designed to build confidence in determining whether the appraised value is supported by the comparables. While recognizing the appraiser is the expert, the session reviews example appraisal scenarios in order to practice identifying a "good comp" from a "bad comp". Register for this class and have fun reviewing and discussing challenging appraisal examples. 1 1/2 hour Live Online Click Here for Registration Information...
High End Properties - Appraisal Review
Course Description: Appraisals for high-end properties can be challenging to review. These types of homes can be difficult to sell, especially in a "down" market. In addition limited sales make it difficult to find good comparables. In this session we will look at real examples and explore the best practices associated with reviewing appraisals for high-end properties and jumbo loans. 1 1/2 Hour Live Online Click Here for Registration Information...
SEB Part 1 - Setting the Stage - Fundamentals of Tax Return Analysis
Course Description: This course is designed for those new to working with Tax Returns. In this session we will introduce participants to the various types of tax returns and schedules, teach participant how to identify self-employed borrowers explain the basic steps involved in calculating income. 1 Hour Live Online Click Here for Registration Information...
SEB Part 2 - Get to know S.A.M.: Schedule Analysis of Personal Tax Returns
Course Description: Learn how to calculate qualifying income using the schedule analysis method. This practical, hands-on course is designed to introduce mortgage professionals to the various types of self-employed borrowers, illustrate allowable- add -backs to and required deductions from income, and take a step by step walk thru of how to accurately calculate income for sole proprietors and rental property owners. 1 hour Live Online Click Here for Registration Information...
SEB Part 3 - Conquer the Conundrum - Analysis of Personal and Business Tax Returns
Course Description: Learn how to calculate qualifying income for self-employed borrowers and others. This hands-on course fully reviews the personal tax return and dives into business tax returns utilizing the RMIC Tax Return Analysis Worksheet. 1 ½ hour Live Online Click Here for Registration Information...
Small Community and Rural Property Appraisal Review
Course Description: This 90 minute class was designed in response to the challenges associated with reviewing homes in small communities or rural areas. The class specifically addresses; What makes these types of properties difficult to review, what is not acceptable, how to look at key sections of the appraisal and formulate effective questions for the appraiser when the "picture" is unclear. 1 1/2 Hour Live Online 1/2 Day Classroom Click Here for Registration Information...