This class is provided by CampusMortgage®. This instructor-led, 6-hour online training webinar is designed for any mortgage professional seeking formal instruction on personal and business tax return analysis. This intensive workshop provides detailed instruction on all tax return forms and schedules, the required income calculation formulas, and the completion of the Fannie Mae Cash Flow Analysis Form 1084. Learn self-employment income best practices and underwriting guidelines.

COURSE OUTLINE:

• Self-Employment Defined
• Self-Employment Income Guidelines
• Personal Tax Return Forms and Schedules
• Business Tax Returns Forms and Schedules
• Income Calculation Formulas
• Fannie Mae Cash Flow Analysis Form 1084
• Fannie Mae Comparative Income Analysis Form 1088
• Profit & Loss Statement and Balance Sheet Review
• Self-employment Case Study and Practice Exercises
• Practice Quiz

Price - $395.00

CampusMortgage® has put together an instructor-led on-demand webinar entitled: Reverse Mortgage Training - "Everything from A to Z". The Reverse Mortgage industry is highly regulated by FHA which means comprehensive and accurate training is required to become an effective Reverse Mortgage Professional. Whether you're an MLO, Mortgage Broker, Mortgage Underwriter, Loan Processor, Servicing Specialist or QC Specialist, this course will teach you all the necessary steps needed to complete Reverse Mortgages.

COURSE OUTLINE:

• Reverse Mortgage Explained
• Borrower Eligibility
• Financial Assessment
• Principal Limits Defined
• Counseling Requirements
• Income Requirements
• Credit Report/Credit Analysis
• LESA/Compensating Factors
• Mandatory Obligations vs Non-Mandatory Obligations
• Documentation Requirements
• Age of Documentation
• Form 1009 & FHA Connection Review
• Occupancy
• Non-Borrowing Spouse (Eligible and Ineligible)
• Use of POA or Guardian
• Reverse Mortgage Loan Types
• Appraisal
• Eligible Property Types
• Ineligible Property Types
• Required Repairs to Property vs Repair Set Aside
• Title
• Lien Seasoning
• Trusts (Revocable and Irrevocable)
• Solar Panels
• 10-Question Practice Quiz

Includes an additional class of your choosing!

FHA/VA Case Files Underwriting Review
Non-QM Underwriting - "Everything from A to Z"
Jumbo Loan Underwriting - "Everything from A to Z"
Multi-Family Underwriting & Processing - "FHA/VA Loans"
Multi-Family Underwriting & Processing - "Conventional Loans"
USDA Rural Housing Loan - "Quality, Process & Underwriting"

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.

Price - $495.00   Sale - $395.00

This class is offered by LoanOfficerSchool.com.  It is designed for those that are currently NMLS licensed or do not require licensing this course is utilized as a functional A-Z mortgage originators training platform. For those that are not yet licensed but working towards that goal, it also serves in preparing one for the general mortgage knowledge and general origination activity sections of the NMLS licensing test. Two areas where those without experience are often not properly equipped.  This 15-hour multimedia course will provide you with the knowledge you need to succeed in this very competitive industry.

Price - $495.00  Sale $395.00