What You'll Learn

  • Mortgage Underwriting Basics – Understand the role of an underwriter and the key responsibilities in loan approvals.
  • Loan Types and Guidelines – Learn the differences between Conventional
  • FHA
  • VA
  • USDA
  • ITIN loans
  • DSCR loans
  • and Non-QM loans
  • and how to underwrite each.
  • Analyzing Borrower Credit Reports – Identify credit red flags
  • calculate credit scores
  • and determine borrower creditworthiness.
  • Loan-to-Value Ratio (LTV) & Down Payments – Understand LTV calculations
  • required down payments
  • and loan limits based on program guidelines.
  • Debt-to-Income Ratio (DTI) Calculations – Learn how to properly calculate front-end and back-end DTI ratios and how they impact loan approvals.
  • Handling High DTI or Low Credit Scores – Learn compensating factors and strategies to approve challenging loan files.
  • Underwriting for Investment Properties & Multi-Unit Homes – Understand how to evaluate rental income and property cash flow analysis.
  • ITIN Loans & Foreign National Borrowers – Learn how to underwrite ITIN loans for borrowers who do not have a Social Security Number and how to verify their inco
  • Learn how to identify and prevent potential fraud.
  • Work through practical case studies to solidify your skills.
  • Understand how to handle complex or borderline loan scenarios.
  • Learn the key strategies to underwrite residential mortgage loans.
  • Learn how to become a problem solver to become more valuable to your company!

Requirements

  • English

Description

Are you looking to master the mortgage underwriting process and confidently solve complex loan scenarios?

Do you want to start working as an underwriter but need real-life underwriting experience?

Mortgage Underwriting Mastery: Problems and Solutions is a comprehensive course designed to equip mortgage professionals with the knowledge and skills needed to navigate challenging underwriting situations with ease.

This is a practical course where you will be taken through the process of encountering common loan problems and then will be guided by the instructor on how to resolve these problems by using one or multiple solutions to get loans approved.

What You’ll Learn in This Course:

  • Understanding key underwriting guidelines you will encounter in real-life for conventional, FHA, VA, and USDA loans

  • Identifying and resolving common loan problems such as credit issues, high DTI, insufficient income, and asset documentation

  • How to analyze loan scenarios and apply underwriting best practices to approve more loans

  • The importance of loan conditions and compensating factors to strengthen loan approvals

  • Handling loan rejections and re-evaluations to find alternative approval options

  • Debt-to-income ratio (DTI) and loan-to-value (LTV) calculations for underwriting success

  • Spotting red flags in credit reports, appraisals, and financial documents


What’s Included in This Course?

  • Instructor-led Lessons: Concise video tutorials to maximize learning in minimal time.

  • Downloadable Resources: 2 Cheat sheets and templates for underwriting.

  • Real-World Problem Solving Scenarios: Practical problems to apply your knowledge.

  • Quizzes and Assessments: Test your understanding and track your progress.

  • Lifetime access to the course and its content

  • Instructor Q and A: Have a question? Ask the instructor!


Who Is This Course For?

  • Aspiring Mortgage Professionals: If you’re interested in starting a career in mortgage underwriting, this course provides the essential knowledge and practical skills you need.

  • Mortgage Underwriters: Whether you're new to underwriting or looking to refine your skills, this course will help you navigate complex loan scenarios with confidence.

  • Loan Processors: Gain a deeper understanding of underwriting requirements to improve loan submission quality and approval rates.

  • Mortgage Loan Originators (MLOs): Learn how to structure loan files effectively and anticipate underwriting conditions to close more deals.

  • Real Estate Professionals: Enhance your knowledge of mortgage underwriting to better assist clients in securing home financing.

  • Financial Advisors: Understand mortgage underwriting to guide clients through loan approvals and homebuying decisions.


Your Instructor: Joe Correa

Joe Correa is the President and CEO of Finibi Mortgage and has closed hundreds of mortgage loans throughout his career. With years of hands-on experience in underwriting and lending, Joe provides practical knowledge and real-world scenarios to help you become a confident and skilled mortgage professional.

30-Day Money-Back Guarantee

This course will give you valuable mortgage underwriting skills. If for any reason you’re not satisfied, we offer a 100% money-back guarantee within 30 days of purchase.

Take Action Now!

Master the underwriting process, solve challenging loan problems, and increase your success in the mortgage industry. Enroll today and start learning immediately!

Who this course is for:

  • Individuals interested in starting a career in mortgage underwriting and need foundational knowledge.
  • Loan Processors who want to increase their knowledge of the underwriting process
  • Professionals who want to deepen their understanding of the underwriting process to better serve clients and collaborate with underwriters.
  • Brokers who aim to enhance their knowledge of underwriting guidelines to improve loan approval rates.
  • Agents or realtors looking to understand the mortgage process to assist clients more effectively.
  • Employees in banking or finance roles who want to transition into or better understand underwriting.
  • Business owners or freelancers involved in mortgage consulting or processing.
  • Individuals focusing on regulatory adherence and risk mitigation in mortgage lending.
  • Entry-level staff at mortgage companies who need training in underwriting basics.
  • College or university students studying finance
  • business
  • or real estate who want practical
  • industry-specific knowledge.
  • Individuals who want to understand how mortgages are evaluated and approved
  • whether for personal or professional reasons.
Mortgage Underwriting Problems & Solutions Mastercourse

Course Includes:

  • Price: FREE
  • Enrolled: 109 students
  • Language: English
  • Certificate: Yes
  • Difficulty: Advanced
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