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Event Date |
Mon May 9 CDT (over 2 years ago)
In your timezone (EST): Mon May 9 1:00am - Mon May 9 1:00am |
Location | Webinar |
Region | All |
Not Your Ordinary Assets is an introduction to less common assets that can be used in a mortgage transaction. In this webinar you will learn:
• Industry and GSE documentation requirements for each asset type with a focus
on red flags.
• How to differentiate between documentation and qualification requirements for borrowers selling an asset or taking a loan against an asset.
• To evaluate the less common asset that may be used in the mortgage transactions: tax refunds, real estate commissions, life insurance payments, bridge loans, against life insurance or retirement funds. Lease-to-Purchase escrow accounts are also discussed.