Processing Income and Assets

Course Number: PIA1

Course Code: ABA 332

A basic education of the income and asset documentation and underwriting requirements of a conforming residential mortgage loan, including tips on preparing a quality loan for submission to underwriting.

After completing this course, students will be able to:
– Distinguish the risk factors of a mortgage loan
– Identify employment documentation requirements
– Calculate stable monthly income
– Calculate qualifying ratios
– Calculate funds needed to close
– Recognize documentation requirements and acceptable sources of funds

Audience: Loan processors

Prerequisites: n/a

Register Now

Member Price: $95.00
Non-Member Price: $130.00
Textbook Charge: $0.00

Credits:

Length: 1 hour

ABA Training