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RECENT BLOG POSTS
Ask The Underwriter: Monday Mistakes Series Three loan processors from the same company can provide 3 different Uniform Loan Applications (1003's) and show three different income calculations for the SAME BORROWER!!!!  I have a few tips for offices that have more than one loan processor. Check ou...
01/17/2011
Ask The Underwriter: Monday Mistakes Series I started this series.....and didn't keep it up!  So here we go.......... This weeks top picks: Private Mortgage Insurance Certificate: Make sure the loan amount, LTV and appraised value are correct! H.O.A. Questionnaire: Make sure all of the questions ...
01/03/2011
Ask The Underwriter: Monday Mistakes Series I've decided to start a Monday Series called: Monday Mistakes.  During the week I'll be keeping a tally of the mistakes I see. Hopefully this will help realtors and mortgage professionals out when processing, originating or appraising a loan. This weeks...
11/29/2010
Self Employed Borrower Series Attend WEEK 2 of this free 30 minute online live webinar and learn the following:  Identify the documents needed to calculate income for Partnerships and S Corps Recognize the industry standard add backs and deductions  THERE ARE ONLY 30 SLOTS AVAILABLE FOR THIS WEBI...
11/10/2010
Not sure is this is a tip or if I just want to vent...I'll let you guys decide.  Desk Top Underwriter® has a section at the very end of the findings called the Underwriting Anaysis report; this section mimics the 1008 (Transmittal Undewriting Summary).  In the reserves section of the Underwriting...
10/05/2010
QUESTIONS: When should I average the borrower's income? ANSWER: You can average the borrower's income if they do not receive a salary and when the pay stubs provided do not provide a consistent gross amount.  Sales Professionals and Nurses are two examples.  Most sales professionals receive bonus...
10/04/2010
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I took the 30 days of blogging challenge a few weeks ago and was surprised to find out that I was not a rainmaker anymore!  Did you know if you don't post a blog AT LEAST every 90 days that you can lose your free status!    Just an FYI for those you that didn't know.   Alpha Mortgage Training off...
09/20/2010
FHA Mortgage Training: April 19-20th FHA JUMP START $149.00   Here's a FHA Mortgage Training Course that fits in everyone's budget! This course is taught by a Wholesale FHA Underwriter. Spring into FHA with the information you need to get your loan approved.  This course was designed for you to h...
04/06/2010
Webinar: $39.00 Income Calculation / Mortgage Lead Generation   December 17th Income Calculation / Mortgage Lead Generation in Challenging Times The Year is drawing to a close and Mortgage Training Programs wants to make sure that you have met your goals for 2009.  If you are interested in learni...
12/03/2009
SAFE Act Course on November 16th We are currently an approved provider of SAFE Act Courses. We are currently offering an early bird discount of $279 for early registration in anticipation of approval for our 20 hour SAFE Act course.   This course is scheduled for November 16 and will be $395 aft...
09/23/2009
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