Monday, January 06
The SmartEdge product is meant for borrowers that have strong credit and are looking for flexible financing options INCLUDING those looking for Non-warrantable Condos and Condotel options. Our Asset Qualifier features NO DTI calculations Those borrowers may have had some credit issue in the past. This includes credit issues such as: Bankruptcy, Foreclosure, Short sale
Monday, January 06
This overview will provide the basics of FHA loans to our clients. Discussion will center on: Specifics of FHA; FHA Guidelines; FHA Case Number; CAIVRS; Exclusionary Lists; Statutory Loan Limits and Specifics of Transaction Types
Tuesday, January 07
This session will provide an overview of FHA Streamline loans. Discussion will center on: Streamline specifics; Guidelines and Transaction Types
Tuesday, January 07
This Webinar is specifically for those that are new to the mortgage industry. We will cover the details you will need to know about a mortgage transaction. By attending, you will be able to speak to your clients and answer their questions with confidence. It is part one of our Mortgage Fundamentals series that culminates with Loan Processing 101 and Advanced Processing.
Wednesday, January 08
An Overview of NewRez's Final Doc policies and DocGenius usage.
Wednesday, January 08
The SmartSelf product is designed for a strong credit quality, self-employed borrower. It allows for the use of bank statements instead of tax returns in order to qualify the borrower(s). The statements must show proof that the borrower’s income is: Stable, Sufficient to repay the borrower’s debts and Likely to continue. We offer a 1099 feature as an alternative to qualify
Thursday, January 09
This session will provide an overview of Newrez's Closed End Seconds Guidelines and the processes. This is for DELEGATED Correspondents.
Thursday, January 09
This webinar will define the details of a credit report and how the credit score is derived. The goal is to provide a solid foundation to understanding credit reports and scores. We will review the basic facts of credit reports, components of a credit score and what is and is not included in the credit report and credit score. This session is part two of our Mortgage Fundamentals series.
Friday, January 10
This brief session will provide an overview of manufactured housing guidelines for our FHA, VA and Agency products.
Monday, January 13
The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based on the cash flow of the subject property.
Monday, January 13
A review of USDA programs for Delegated and Non-Delegated Correspondents
Tuesday, January 14
This Webinar will cover assets and how they relate to a mortgage transaction. The goal is to provide a solid understanding of assets, defining and valuing those assets, how they are documented and which assets are acceptable. This session is the third in our Mortgage Fundamentals series.
Wednesday, January 15
An Overview of Conforming Condo and Co-op Warranties and Processes. Also touching on Non-Warrantable Condos and Condotel and what products we offer that allow those
Thursday, January 16
Join us for this webinar covering the affordable products offered under Freddie Mac Home Possible products. We will discuss of the BorrowSmart option and how the use of this credit could allow for your borrowers to purchase a house without depleting any emergency funds or savings and could be used toward maintenance or even furniture for their new home. This program is intended to assist borrowers in need of additional funds and we will discuss who is best suited for it and it's usage. We will discuss: Product Details including Duty to Serve Automated Underwriting Borrower Eligibility Loan Eligibility Mortgage Insurance Options Special Requirements
Thursday, January 16
An interactive session designed to assist in the calculation of some of the more common forms of income. This session is the fourth in our Mortgage Fundamentals series.
Friday, January 17
This session will provide a general overview of Fannie Mae's Collateral Underwriter as well as some examples of findings to review.
Tuesday, January 21
The SmartEdge product is meant for borrowers that have strong credit and are looking for flexible financing options INCLUDING those looking for Non-warrantable Condos and Condotel options. Our Asset Qualifier features NO DTI calculations Those borrowers may have had some credit issue in the past. This includes credit issues such as: Bankruptcy, Foreclosure, Short sale
Tuesday, January 21
This overview will provide the basics of VA loans to our clients. Discussion will center on: Specifics of VA; VA Guidelines and Specifics of Transaction Types
Wednesday, January 22
The SmartSelf product is designed for a strong credit quality, self-employed borrower. It allows for the use of bank statements instead of tax returns in order to qualify the borrower(s). The statements must show proof that the borrower’s income is: Stable, Sufficient to repay the borrower’s debts and Likely to continue. Check out the use of 1099's to qualify as an option
Wednesday, January 22
This session will provide an overview of VA IRRRL transactions. Discussion will center on: IRRRL specifics; Guidelines; Transaction Types; Product Features; Product Enhancements; Documentation Options and Questions
Thursday, January 23
Join us for this webinar covering the affordable products of Fannie Mae's HomeReady and the HomeReady Plus option. We will discuss: Product Details including Duty to Serve Automated Underwriting Borrower Eligibility Loan Eligibility Mortgage Insurance Options Special Requirements
Thursday, January 23
An Overview of NewRez's Final Doc policies and DocGenius usage.
Monday, January 27
The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based on the cash flow of the subject property.
Monday, January 27
This FREE webinar will be a review of the FNMA and FHLMC product mix offered by NewRez
Tuesday, January 28
This session will provide an overview of Newrez's Closed End Seconds Guidelines and the processes. This is for DELEGATED Correspondents.
Tuesday, January 28
This session will cover the steps necessary to process a loan. Understanding the loan application; Overview of automated underwriting options; Reviewing the credit report and Verifying income and assets This session is the fifth in our Mortgage Fundamentals series.
Wednesday, January 29
This Webinar will be an overview of Texas Real Estate Law, general Texas Home Equity information, products and questions
Thursday, January 30
This session will cover more in-depth processing tasks. Increased details of the loan application; Credit and liability requirements; Acceptable Assets and Verifying different types of income and assets. The sixth and final portion of our Mortgage Fundamentals series.