Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario. Effective May 1st, the GSEs, Fannie Mae & Freddie Mac, have announced that there will be changes made to the loan level pricing adjustments, or LLPA, fees. support Construction-to-Permanent transactions. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. The footage of the webinar as well as an ear into the discussion can serve as a business resource after . Genworth values all perspectives, characteristics and experiences so that employees are able to bring their full, authentic selves to work to help each other and our company succeed. Well break down mileage depreciation, and how to know if you can include an additional add-back (Schedule C), and review the different requirements for utilizing Corporate cash flow. Learn more about all of the training courses Arch MI has to offer! Join "LinkedIn Whisperer" Brynne Tillman for session three of the "Mastering LinkedIn for Mortgage Professionals" series where shell uncover a crucial aspect of social selling. Looking for more info on MI Online or need to register as a new user? Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. In this fifth session, they will cover the competency of self-perception where participants will rate their current level of competency, engage in rich discussion to increase their awareness, and identify opportunities to leverage and/or increase their interpersonal skills. Performance cookies collect information about how you use our website, which helps us improve functionality and your user experience. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Learn on the go with the Radian National Training On Air podcast series. 20-Minute Micro Session Allowable add-backs and required deductions will be discussed, and well demonstrate how to calculate income from various business structures, introducing you to the Arch MI Tax Return Analysis Calculator (AMITRAC), the industrys most user-friendly Schedule Analysis form. Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. Dont worry! In this webinar, Rebecca Lorenz of Ninja Selling will show you how to generate value for your clients and referral partners to build a robust pipeline. Learn how the Borrower-Paid Single Mortgage Insurance option works for borrowers and lenders. To engage your team and provide competitive service while staying compliant, your employee training program needs to hit the mark. The webinar can be on-demand or streamed live as long as it teaches viewers about a certain subject of interest or how to gain a specific goal. Login/Register The thought of purchasing a home might be daunting for many. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. 3. Interest rates continue to rise to levels we have not seen in years. Need a refresher? Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. Learn why line items matter on a Schedule C so you can properly make cash flow adjustments when analyzing the borrower who is a sole proprietor of a business. Friday 9 AM-6 PM ET. Are you ready for the potential surge of Construction-to-Permanent loans as a result? Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. How to Read AUS Findings Like a PRO, Focus on Assets: Acceptable Documentation and Eligible Sources, K-1 Comparison - The Differences Between FNMA and FHLMC (Micro Session), LPA Live! Suggested Prerequisite: Business Tax Returns 101, Available formats: Webinar, OnDemand Video, Unique Considerations for Sole Proprietorships and Corporations. Our featured live webinars focus on timely subjects, usually tied to recent regulatory changes, real-time events or current needs like how to navigate virtual meetings. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. Intermediate - Mortgage professional that is comfortable with mortgage terminology and loan programs and has an understanding of the 1003 fields, AUS results, collateral types, basic documentation Strategies for Achievement Learned on a 500-Mile Trek Across Spain. 20-Minute Micro Session Want to close more loans FASTER? Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. In this session, Dr. Bruce Lund, founder of the top entrepreneur coaching business, 90-Day Sales Manager, can show you how to be a master at following up! Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar April 17, 2023 @ 12PM EST Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar April 24, 2023 @ 12PM EST Navigating Mutual Threats & Opportunities with your Realtor partners Guide in understanding customers and their needs . In this short video, we will demonstrate how to notify Radian of a servicing transfer. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. Learn how to calculate qualifying income for a self-employed borrower. Self-Employed Borrowers Focus on Getting Started and the Sole Proprietor, *MI Solutions It's Time To Rethink Your MI Strategy*, *Preventing Mortgage Fraud Take a Closer Look*, Evaluating and Calculating Borrower Income Focus on Fixed Sources, Self-Employed Borrowers Focus on Partnerships and S Corporations, *HomeReady Mortgage Overview with Fannie Mae*, Evaluating and Calculating Borrower Income Focus on Variable Sources, *Expand Your Defense with Our March Madness FAQ Session*, *The Economy in 2023: The Pause and the Pivot*, Self-Employed Borrowers Focus on Corporations and Financial Statements, *Unique Insights into Community Reinvestment Act (CRA) Performance Improvement*, *Another Dimension of Inclusion: Seeing the World Through the Lens of Ableism*. Our new Timely Topics video can assist you in preparing for these changes. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. View The Training Catalog Self-Employed Borrower Tools We get it, mental math is hard. Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? National. For years, the. By using our website, you agree to our use of cookies. 20-Minute Micro Session Sign up here. During this session we will discuss what DU reviews; the Importance of data integrity and we will highlight key areas of interest on the Summary Report and the UW Analysis Report. The pace of change in the marketplace has accelerated from fast to almost instantaneous. 30-Minute Session TRID regulations govern the mortgage process and dictate what information lenders are required to provide to borrowers - as well as when they are required to provide it. COURSES & REGISTRATION See our full list of upcoming classes and register. Learn how to use the redesigned Uniform Residential Loan Application or URLA (also known as Fannie Mae Form 1003 and Freddie Mac Form 65), to process your loan application. Get easy access to National MI courses and our previously recorded webinars. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. In this 1-hour webinar, we will show you threeeasymethods to begin using immediately to achieve next level productivity in both your personal and professional life. Cookies help us improve your website experience. Intended Audience: new loan officers, processors and other mortgage operations professionals. Audience:Loan Processors andJunior Underwriters. Your audience. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. 10:00am (PT) 30-Minute Session Find what you need to know about MGICs mortgage insurance rates. At no additional cost to you or your borrower, upon closing, borrowers can select one of three benefits to add another layer of security to their lives. In a world where working remotely is common, we need to change how we do business. Webinar Materials: https://www.mgic.com/training/seminar-materials/appraisal During this webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. Most webinars grant participants access to the webinar series upon completion of the live webinar. Audience:Loan OriginatorsandMarketing Staff. Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. It's as easy as 3,2,1! Third-party websites may use them to remember that you have visited a website, and this information is shared with other organisations such as media publishers. Selecting this will open a country selector model view. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Five Verbs that are the specific skills to make you a more effective communicator. Richmond, VA 23230. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. technology have changed creating a quicker, mor. Our digital library includes learning modules, videos, frequently asked questions, demos . Discover how our homebuyer education program can connect you with more potential borrowers. Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders, Residential appraisals continue to evolve. of training needs analysis, design, and development. Knowing these costs is a first step in helping you plan for the future. Understand how to manage your long term care insurance claim by learning what to expect, understanding the claims process and what happens next. Radian Guaranty Inc. can help lower the risk for lenders making these types of loans, thereby helping potential borrowers qualify on a new construction property. Starting an open and honest conversation with the people listed here will help create a plan that covers everyones needs. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. Learn how to calculate qualifying income using a cash flow analysis method. Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. What is Trended Credit Data? The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. Are you ready for your next loan file containing RSUs? You will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. These fees may have a direct impact to both lenders and borrowers. SEB Borrower Workshop Explore our Course Catalog and contact your Radian Account Manager to schedule a session for your company. The case study includes analysis for apartnership (K-1/1065)and a corporation (1120). With guidance from an Essent facilitator, participants will learn to interpret the cadence with which a borrowers income is received and also practice calculating the base, monthly, qualifying income in nine separate exercises. Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. self-paced training, timely videos, podcasts, and instructor-led live webinar sessions. 60-Minute Session Learn about the variety of red flags you will encounter when reviewing loan files and how to identify fraud schemes. Success in mortgage lending starts with a high-performing team. This session will provide an overview of this new industry-standard loan application, review its components and highlight key features and differences between it and the loan application used before it. This personalized tool provides information to help you think about the median cost of care you may require in the future, and see how estimated future coverage may align with potential long-term care needs. 60-Minute Session 60-Minute Session In this mini-workshop we will discuss the basics of income calculation, including base, bonus, overtime and commission. Webinars are an excellent way to share important information, build brand authority, showcase . You can also watch this short video to learn more about the benefits or RADAR Rates for you and your borrowers and how to easily obtain rate quotes. Training Training Essentials Training Courses & Registration Class Calendar Self-Paced Learning Income Analysis Tools Collateral Analysis Tools Essentials Training Team Essentials Live Essent Training Guides Education for Homebuyers Training ESSENTIALS TRAINING Sign up for live webcasts, learn about key topics at your own pace or The free sessions provide timely and strategic information about the business of learning, current trends impacting workforce development, best practices for training and talent management, and practical information on the latest tools and technology. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. Contact yourArch MI Account Managerfor details. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income Connect with audiences through engaging webinars and events that support up to 1,000 participants. Discover, the keys to having your best year ever, the most important (yet often missing) part of the formula for success, and disciplines you often dont think about.