Classes - Conventional Lending Guides
You will benefit by being able to offer your clients the best rate with more confidence by using the many programs currently being offered by Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC). These are the two main organizations set the guidelines and pricing for the conventional mortgage lending industry. This course highlights the specific guidelines that will help you assist your clients achieve their goals. You will have the knowledge necessary to gather the correct documentation and organize this information to answer the three main questions all underwriters require. Do they have the necessary income to support their life style and this mortgage? Do they have enough liquid assets to close this transaction? Do they perform well with their past credit obligations? You will have all the correct answers and the submission is for “Clearing of Conditions” and then loan documents for your approved loan. Reduce the stress on all who are involved with the transaction due to the fact that you know what you are doing.
Announcements
Reacting to today's economic cost issues - Mortgage Trainers of North America have reduced our hourly fees. Check our the new pricing for OnDemand and Live Classes.Read Linda's article, "How & Why to Stay in Front of Legislation," in the March issue of the Scotsman Guide, page 31.
Economic Stimulus Act of 2008
Read more of HUD's News Press Release Freddie Mac New Jumbo Offering Fannie Mae New Jumbo Offering
