In this short video, Radian National Training will touch on how these fixtures can impact the mortgage process. Interest rates are rising! In this workshop, you'll learn how to identify when fraud and misrepresentation are occurring. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. Strengthen your understanding of the industry with our self-paced education. You can find out more about which cookies we are using or turn them off at any time in settings. Understand the factors that make up a credit score, and the fundamentals of mortgage risk. The more familiar you become with typical secondary market guidelines, learn what valuation methods are available, and develop a deeper understanding of certain cautionary items that . Intended Audience: new loan officers, processors and other mortgage operations professionals. Available formats: Webinar,On-Demand Video, The Basics of Self-Employed Borrower Income Calculation. Genworths success is dependent on our response to that change. Bring your calculator and be ready to practice what you learn. In this short video, we will demonstrate how to notify Radian of a servicing transfer. For a first-time homebuyer, the process comes with a lot of unknowns. (Established professionals may also find this course a good refresher.). Radian Timely Topics: Understanding P&L and Business Bank Statement Requirements. Get acquainted with Title and what to expect during the Pre-Closing, Closing, and Post-Closing processes, including key steps involved in obtaining a Title. To get started with ordering MI and servicing assistance from MGIC, begin with a review of our submission options and helpful resources. 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. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? ESSENTIAL. Practice determining frequency of pay and how to accurately qualify your salaried borrowers. Browse Classes CLASS CALENDAR How to Set Up and Conduct Virtual Meetings with Your Borrowers. Understand the impact of mortgage fraud, how to spot it and how to prevent it. Our podcast library features industry leading experts from finance and personal growth. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . Discover why you will, too. ), the act of planning is where the value is. This short video highlights some benefits, terms, and scenarios for your understanding. Obstacles in affordability can be rough speed bumps on the road to homeownership, but we work hard to make the dream of homeownership a reality. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. Selecting this will open a country selector model view. Management Training Webinar Options. Learn about the various tax returns and forms in this introductory class. Webinars are an excellent way to share important information, build brand authority, showcase . 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. Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Watch. Start planning for long term care so they can live life with confidence. During this session we will discuss what LPA reviews; the Importance of data integrity and we will highlight key areas of interest on the Feedback Certificate. 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. Skip to Main Content Understand income trending and be introduced to the Arch MI Tax Return Analysis Calculator (AMITRAC). Keeping these cookies enabled helps us to improve our website and display content that is more relevant to you and your interests. 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. Learn the fundamentals of navigating through personal tax returns, including key components of the 1040 including Schedule 1, Schedule B, Schedule D and Schedule E. Discover when and why tax returns are needed, and how to recognize when tax returns are complete. Conventional loans are much more common than government-backed financing. In this five-minute video, you will learn how the GSEs, Fannie Mae & Freddie Mac, are accepting the desktop appraisal. Webinars Fulfill Your Training Needs with Webinars. Visit our Training catalog to register for an account using your NMLS ID. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. COURSES & REGISTRATION See our full list of upcoming classes and register. 20-Minute Micro Session Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Looking for more info on MI Online or need to register as a new user? Using real world examples, participants will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers Income. 888 Genworth. Click here. Are you ready for the potential surge of Construction-to-Permanent loans as a result? Learn a full spectrum of mortgage concepts, from the fundamentals to the complex. Reach NextGen, Multicultural, and Multigenerational Homebuyers and learn more about how you can better educate and serve this important and vital demographic. 60-Minute Session Resources and training to support your business. 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. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Desktop Underwriter Training Webinar Slides . 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. In this third course of the Back to Basics Income Fundamentals series, we will apply the knowledge gained from Income Fundamentals 201 to accurately calculate qualifying income from paystubs, including base pay, overtime, bonuses and commission. Don't forget to check out our MI Loan Submission Checklistto help you with the loan process. Find everything you need to succeed right here, whether it be training, lead generation or networking. 3. Build organizational capability and employee engagement by enhancing: Business Acumen by ensuring employees have a deep understanding of our industry, business, and customers, as well as applying that knowledge in their role. Want to gain a better understanding of earnings, distributions and liquidity analysis? Todays employers have found unique ways to, compensate or reward their employees. Review the W-2, 1120S & K1 Using Fannie Mae's 1084. Review and Calculate Miscellaneous Non-Employment Income, Review Income Sources (such as Public Assistance, Disability, Tips, Foster Care, Social Security), Appraisal Underwriting - Part I The Basics, Reviews Basic Appraisal Theory and the Concept of Market Value, Liabilities: Calculating and Modifying the DTI, Review the Relationship of the P&I vs. Borrower Debt to the DTI, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return, Calculate Income for Fannie Mae from Personal Tax Returns, Review Basic Calculations of Salary and Hourly Income, Self-Employed Borrower Form 1084 Part II - The Business Tax Return, Calculate Income for Fannie Mae for Partnerships and S Corporations, Including K-1 Income, Effective Application Interviewing and Review, What is Needed for a Complete Uniform Residential Loan Application, Appraisal Underwriting - Part II Focus on the Sales Comparison, Current Issues Surrounding the Sales Comparison Section of the Uniform Residential Appraisal Form, Rental Income Calculator and Quick Reference Guide for Rental Income, Completion of Schedule F Using 1084 Cash Flow Analysis Form, Utilize Resources to Grow Business - Focus on Actions that Create Loyalty, Critical Thinking and Problem Solving: Structuring a Loan Application. Understand and calculate basic types of borrower income, including second job and multiple job borrowers, contractual employees, base pay, overtime, and more. Select a course category below to see what topics are offered under each and how to access: Learn about Mortgage Insurance (MI): What it is, how it works, why it provides value to lenders, investors, borrowers and how it helps build a path to homeownership! Live webinar training is also designed to accommodate busy employees who wish to extend their knowledge in different areas during the workday. 60-Minute Session 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. 10:00am (PT) The footage of the webinar as well as an ear into the discussion can serve as a business resource after . Friday: 9 AM - 6 PM ET. Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. 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. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Simplify your understanding of the most common liquid assets, industry guidelines, and required documentation. Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. 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. A webinar, short for 'web-based seminar', is an online presentation, meeting, or workshop that allows individuals or groups to interact in real time. Watch Full Recording In addition to our extensive recorded course catalog and in-person training opportunities, Genworth also offers tons of live webinars where you can ask questions in real-time. The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. Get registered for training on AEP, OEP, selling strategies, plans and products, technology tools, and more. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Contact Us Contact Us 888 GENWORTH(888 436.9678) Monday-Thursday8:30 AM-6 PM ETFriday9 AM-6 PM ET Contact CareScout at 800 571.1918 Search Search Genworth.com Aging & You Go BackAging & You Aging & Your Health Go BackAging & Your Health Hearing Impairments Vision Simulation Mobility Challenges Aging & Your Family It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Delivered by respected financial services industry experts, our webinars are timely, relevant and engaging. This video will provide the details you need for that next customer conversation. Get the latest updates, industry trends, and guideline changes on GSE-related policies. In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. At Sagen, our trained mortgage information specialists are here to answer your questions, provide more information on our value-added products and services, and help you with any other aspect of doing business with us. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. Essent Essentials K-1 Workshop is designed to shed light on the perplexities of income analysis for Partnerships and S-Corps. We will also review the principles of profit and loss statement requirements, net operating loss carryover considerations and person debts paid by the business. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. We use cookies to give you the best experience on our website. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. Arch MI is excited to bring you this important information with industry professional Ginger Bell. It's not rocket science, so why can't this be you? In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. 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. In MGIC's Residential Appraisal Review training webinar, you will get the tools you need to help build and strengthen your appraisal evaluation skills. 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. In a world where working remotely is common, we need to change how we do business. 90 minutes. First, knowledge environment where you are and what you know. Embed Size (px . Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! In the first quarter of 2018, conventional loans were used for 74% of all . Discover how our homebuyer education program can connect you with more potential borrowers.
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