10:00am (PT)
This hands-on course includes analysis for a PARTNERSHIP (1065/K-1) using a cash flow analysis method. Participants will receive our cash flow analysis tools, a cash flow worksheet (PDF) and calculator (Excel) to help you in your daily practice. Gain a basic understanding of the Self-Employed Borrower by learning about the various business entities, their required tax forms and how to calculate liquidity for these types of borrowers. Give us a call or send an email using the contact information below. Properties with solar panels are becoming increasingly common and can have a big impact on mortgage financing. Five Verbs that are the specific skills to make you a more effective communicator. Forgot password? This unique professional development opportunity provides insights on how to grow and expand your skills to achieve more happiness and success at home and work. Start your day smarter. Youll learn how to identify the types of individuals you could most likely conflict with, redirect conversations to a positive conclusion, and create alignment between you and the person you are experiencing a conflict with. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. 888 Genworth. 90 minutes. Embed Size (px . 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. Discover how our homebuyer education program can connect you with more potential borrowers. We do this by providing private mortgage insurance to low down-payment borrowers while protecting lenders and investors against losses related to default. Five Values that establish your intentions and ensure your communication is understood and acted on. 2-Day Course:This two-day course, designed with industry newcomers in mind, provides an overview of mortgage lending from A to Z. Modules range from industry terminology and property types, to the basics of understanding credit, income, the loan application and more! Its been discovered that motivated buyers will use the first person that calls them back 80% of the time. For example, in April 2020 alone, there was a reported 10% decline in self-employed individuals, causing a direct impact on your borrower . Today its essential to meet with borrowers virtually and show howhow to upload documents, review conditions or appraisals is important. Selecting this will open a country selector model view. 60-Minute Session Bring your calculator and be ready to practice what you learn. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. Intended Audience: New loan officers, processors and other mortgage operations professionals. Find out why line items matter on a Schedule C! 30-Minute Session In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. Essentials Training Keep Your Career On The Right Track Whether you're new to the industry or a seasoned professional, our live webinars, self-paced learning modules and powerful analysis tools offer something for everyone. 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. More and more loan files reflect different types of compensation. Richmond, VA 23230. 10:00am (PT)
Get the latest updates, industry trends, and guideline changes on GSE-related policies. 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 comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. By using our website, you agree to our use of cookies. 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. 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. Essentials of Mortgage Lending (1 or 2-Day Course), Understanding the Fundamentals of Home Loans. Practice determining frequency of pay and how to accurately qualify your salaried borrowers. 60-Minute Session Get step-by-step instructions on how to use mortgage origination and servicing tools. March 2023. Are you prepared to review self-employed income document changes due to the drastic influences of the pandemic. Correctly calculating income is fundamental to insuring a member qualifies for a loan. Learn More. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. We understand each Servicers unique business practices and are committed to helping Servicers maintain an up-to-date and accurate portfolio. What is Trended Credit Data? Mortgage fraud has been around a long time and it continues to be one of the fastest-growing crimes in the United States. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Available formats: Featured Webinar,OnDemand Video. A webinar training is any lecture, lesson, or another form of instruction delivered via webinar software. Diversity, Equity & Inclusion, Social Responsibliity, National MI Benefits, Current Job Openings, Creating Clients the Ninja Way with Rebecca Lorenz, Insights from the 2023 NextGen Womens Homeownership Report with Kristin Messerli. Please check your mail and enter the code here. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. This practical, hands-on course is designed to walk the participant through a thorough analysis of self-employed borrower income by completing a full cash flow analysis. Expert Skills in group process facilitation, classroom instruction, and organizational effectiveness. Processors andUnderwriters. Watch Full Recording Register Now 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower Income Watch Webinar Recording Self-Employed Borrowers - Focus on Corporations and Financial Statements This webinar was recorded on January 26, 2023. This hands-on course includes analysis for a CORPORATION (1120) using a cash flow analysis method. Not surprisingly, many of the traits shared by high-achievers are common-sense in theory, but not necessarily common practice (otherwise, everyone would be a high-achiever, right?). But the system offers much more. Filter below to browse by topic, select format (such as Recorded), or display calendar view. Webinars Fulfill Your Training Needs with Webinars. Right now, you can know you're getting the right MI rate for your borrowers by quoting with MiQ. You may need to adjust your speaker volume. Modules focus on the Three Cs of mortgage lending, including credit, income, assets and collateral. Click any title below to learn more and register. 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. 2023 Genworth Financial, Inc. All rights reserved. Select Download Format Genworth Calculator And Quick Reference Guide Download Genworth Calculator And Quick Reference Guide PDF Download Genworth Calculator And Quick Reference Guide DOC Site is lenders, and enforceable mortgage insurance Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Educate, optimize and streamline your lending process with MGICs vast library of tools, resources and marketing materials. Home Suite Home is an exclusive Enact program that helps your borrowers feel more secure in their new home. From mortgage industry and GSE updates to technical AUS training and professional development, there's something for every skill level and role. Date post: 28-May-2020: Category: Documents: Author: others View: 1 times: Download: 0 times: Download Report this document. Plan and outline your content. 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. Our full-time trainers are mortgage industry experts. 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 . 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. Intended Audience: Mortgage professionals seeking fundamental knowledge of asset documentation and various types of acceptable assets for qualifying for a mortgage loan. MGIC > Introducing MGIC's Magic Minutes Training Series Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers' Income. 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. and informed. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. 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. Tune into expert insights on your favorite podcast app. Find everything you need to succeed right here, whether it be training, lead generation or networking. Whether you are a seasoned mortgage professional or new to mortgage lending, this video contains a lot of useful information to ensure success when working with Radian. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. I always walk away with something, even if it's a little tip or trick, from every MGIC webinar.. We've expanded our Nontraditional Credit Guidelines. See plans and pricing Sign in Create connections and drive engagement with webinars Get started Learn how to host webinars in Microsoft Teams and find helpful resources. ----Course title center---/> ----Course title center---/> ----NAV BAR---> Home; Getting Started; My Progress; Catalog; Live Calendar; Calculators; EnactMI.com Interest rates continue to rise to levels we have not seen in years. Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. The course is designed for the participant to gain an understanding of eligible and ineligible sources of funds, interested party contributions (IPCs), large deposits, business assets, reserves and acceptable documentation for assets.