His podcasts present smart tips, expert guidance and innovative approaches that can transform your prospects. FHA or Enact MI? Using real world examples, participants will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. ), the act of planning is where the value is. Radian Guaranty Inc. can help lower the risk for lenders making these types of loans, thereby helping potential borrowers qualify on a new construction property. 2 Reference Information Course Levels Basic - Mortgage professional who is new to the mortgage industry with no experience to residential lending terms, definitions, practices or guidelines. Identifies the key areas to focus on in the Uniform Residential Appraisal Report. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower's income and financial standing. 30-Minute Session Online virtual meetings are essential to successfully communicating with your customers and partners. Call. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Effective May 1st, the GSEs, Fannie Mae & Freddie Mac, have announced that there will be changes made to the loan level pricing adjustments, or LLPA, fees. Check out our latest posts below, and be sure to listen in to our latest episode. Suggested Prerequisite: Business Tax Returns 201, Unique Considerations for Partnerships and S Corporations. That's why we bring our deep expertise, insightful offerings and extra mile service to work every day to help lenders bring the dream of homeownership to more people. However, there are many resources, including required educational opportunities, available to help a new buyer navigate this process from start to finish. Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. 2-Day Course:This two-day course, designed with industry newcomers in mind, provides an overview of mortgage lending from A to Z. Modules range from industry terminology and property types, to the basics of understanding credit, income, the loan application and more! We deliver skill-building training programs and special events right to your desk through our webinars. 60-Minute Session To assist our customers in facing the challenges of this changing work structure, our Essentials Training team has designed a series of micro-learning topics that focus on the skills . Use Arch MI resources to assist you in your loan processing review. Webinars Fulfill Your Training Needs with Webinars. I am fortunate to provide education and support to Advisors nationwide regarding the importance of LTC Planning and the various of solutions . Year after year, customers value working with us. Targeted or advertising cookies collect information about your browsing habits. Use Rate Express to compare your MI quote to FHA. Competitive advantages are the reasons people do business with you that go beyond low rates and fees, but how do you describe things like excellent service and trust without sounding like everyone else? Leadership and Professional Development capabilities that empower employees to create and execute on their development plans to be the most effective in their role and impactful to the business. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. Webinars are an excellent way to share important information, build brand authority, showcase . You are protected You can also watch this short video to learn more about the benefits or RADAR Rates for you and your borrowers and how to easily obtain rate quotes. Show Training & Webinars Borrower Education resources Access resources to First Time Home Buyers Education and Landlord Counseling. Click here. Contact Customer Service. Get step-by-step instructions on how to use mortgage origination and servicing tools. Discover why you will, too. 60-Minute Session Calculating income for self-employed borrowers is an ongoing challenge. Third-party websites may use them to remember that you have visited a website, and this information is shared with other organisations such as media publishers. In this webinar, Rebecca Lorenz of Ninja Selling will show you how to generate value for your clients and referral partners to build a robust pipeline. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. In reviewing each section, you will develop a broader understanding of the appraisal and the Sales Comparison Approach. We will also discuss income continuance (when support documentation is required) and taxable vs. non-taxable income. Find everything you need to succeed right here, whether it be training, lead generation or networking. Essentials Training Keep Your Career On The Right Track Whether you're new to the industry or a seasoned professional, our live webinars, self-paced learning modules and powerful analysis tools offer something for everyone. Monday-Thursday 8:30 AM-6 PM ET. Building Your Business with Webinars, Facebook Live Events and YouTube. Essent Essentials K-1 Workshop is designed to shed light on the perplexities of income analysis for Partnerships and S-Corps. Learn More. 1-Day Course:This one-day hands-on fundamentals course delivers information that you can use to be a successful mortgage industry team member. Intended Audience: Mortgage professionals who have at least one years underwriting experience and a solid understanding of the various business structures and tax forms. Knowing these costs is a first step in helping you plan for the future. In this step, you'll start putting together your webinar outline and lay down the groundwork i,e. In this short video, we will demonstrate how to notify Radian of a servicing transfer. Enhance your reputation by aligning your market, message and media. This training course will review basic concepts around property valuations, the various methods available to determine a property value, and key uses of property valuations. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. SEB Webinars Deepen your knowledge with our Beyond Schedule C or Analyzing Schedule E Rental Income webinar. Learn about the variety of red flags you will encounter when reviewing loan files and how to identify fraud schemes. 30-Minute Session support Construction-to-Permanent transactions. You can find out more about which cookies we are using or turn them off at any time in settings. 550 East Swedesford Road Suite 350 Wayne, PA 19087 . 30-Minute Session IMPORTANT: Do not close this window until you enter the confirmation code. Indexes, margins, caps and more3/6, 5/6, 7/6 to explore. This website uses cookies so that we can provide you with the best user experience possible. Looking for more info on title services? Customized marketing for loan originators, Explore the benefits of partnering with MGIC. 3. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. LTCI Login, MondayThursday8:30 AM6 PM ETFriday9 AM6 PM ET, MondayThursday 8:30 AM6 PM ETFriday 9 AM6 PM ET. Browse our online resources, learn at your own pace, and discover Fannie Mae learning tools. The webinar can be on-demand or streamed live as long as it teaches viewers about a certain subject of interest or how to gain a specific goal. Learn More. You are protected in group process facilitation, classroom instruction, and organizational effectiveness. (Established professionals may also find this course a good refresher.). These fees may have a direct impact to both lenders and borrowers. Planning is everything. While many things can affect a plan (COVID-19, anyone? This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. IN NO EVENT SHALL GENWORTH BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER WITH RESPECT TO THE TRAINING AND THE MATERIALS. The Fannie Mae Learning Resource Center offers a wide range of materials to help you do business with Fannie Mae. Key Partnerships with learning and development companies. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. Join "LinkedIn Whisperer" Brynne Tillman for session three of the "Mastering LinkedIn for Mortgage Professionals" series where shell uncover a crucial aspect of social selling. Learn the basics of applying Fannie Mae's & Freddie Macs conventional guidelines on rental income in qualifying for a mortgage. Earn free PDUs! This video will provide the details you need for that next customer conversation. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. Our financial products are offered/underwritten by one or more of the following:Genworth Life and Annuity Insurance Company; Genworth Life Insurance Company; Genworth Life Insurance Company of New York (only Genworth Life Insurance Company of New York is admitted in and conducts business in New York); Genworth Mortgage Insurance Corporation;Genworth Mortgage Insurance Corporation of North Carolina; Genworth Financial Assurance Corporation. In this 1-hour webinar, we will show you threeeasymethods to begin using immediately to achieve next level productivity in both your personal and professional life. Please enable Strictly Necessary Cookies first so that we can save your preferences! Radian Guarantys SplitEdge MI, commonly called a split premium, divides the MI premium flexibly, between an upfront payment, and reduced monthly payments! 2023 Genworth Financial, Inc. All rights reserved. Financial Professionals login optionsopens in new window, MyCarescout Login by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. Genworth: Financial Solutions for Long Term Care Check the Status of Your Claim Now Login to track the status of your submitted claims and payments. Bring your calculator and be ready to practice what you learn. Best-selling author, Jennifer Powers, joins professional podcaster, Mark Tucker, for a 5-part series on Emotional Intelligence. Are you ready to discuss the Adjustable Rate Mortgage (ARM) option with your customers? Get access to essential resources that can help make your job easier. Please check your mail and enter the code here. Don't forget to check out our MI Loan Submission Checklistto help you with the loan process. Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario. Toggle Nav. Understanding a Significant Derogatory Credit Event, Identify Credit Events in a Borrower's Mortgage File, Learn the Basics for Personal Video Marketing, Fannie Mae and Freddie Mac - Understanding Your Options, Fundamental Differences in Fannie Mae and Freddie Mac, Understanding Desktop Underwriter - Advanced Guidelines and Updates, Explore Conventional Loan Options to Determine Best Options, Learn about Ability to Repay (ATR) and Qualified Mortgages (QM), Help each person develop a personal code of ethics to use in the mortgage industry, Terminology Used in the Mortgage Industry, Understanding Credit Reports and Credit Scores, Basics of Credit Reports and Credit Scores, Verify if the Loan has a Home Equity Line of Credit, Introduction to the TILA-RESPA Integrated Disclosure (TRID), Review the TILA-RESPA Integrated Disclosures (TRID), Self-Employed Borrower Basics Part II - Partnership, S-Corp and Corporations, Examine Business Returns in Detail using the Cash Flow Analysis Method, From Action to Impact: Time Management for Originators, Identify Impactful Steps Over Busy Actions, Self-Employed Borrower Basics Part I - The Personal Tax Return, Business Income Concepts for Calculating Qualifying Income, Look at options to use Mortgage Insurance, A History of Mortgage Banking and Understanding of a Loan File, Understanding Desktop Underwriter (DU) - The Basics, Introduction to Fannie Maes Automated Underwriting System (AUS) Desktop Underwriter, An Overview of the Residential Loan Application (URLA), Complete and/or Review the Uniform Residential Loan Application, Understanding Loan Product Advisor - The Basics, Determine if a Borrower is in the US Legally for Mortgage Origination Purposes, How to Be Productive, Efficient And Valued, Appraisal Review: With Guidance for Rural Properties, Review Guidelines, Documentation Requirements, Best Practices and Issues Round, Overview of the Basics of Mortgage Insurance, Self-Employed Borrower Form 91 Part I - The Personal Tax Return, Calculate Income for Freddie Mac from Personal Tax Returns, How MCC Can be Used to Qualify Borrowers for HFA Loans, NAR 2022 Profile of Home Buyers and Sellers, Self-Employed Borrower Form 1084 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 1084 Part II - The Business Tax Return Webinar, Review and Calculate Miscellaneous Employment Income Webinar, Calculating Income - The Exercises Webinar, Review Schedule E - Rental Income Webinar, Understanding Desktop Underwriter - Advanced Guidelines and Updates Webinar, Understanding Loan Product Advisor - Advanced Guidelines and Updates Webinar, Review Schedule C - Sole Proprietor Webinar, Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar, Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar, Navigating Mutual Threats & Opportunities with your Realtor partners, Guide in understanding customers and their needs, Fannie Mae and Freddie Mae Year-End communications, Understanding the Basics of Freddie Mac's Refi Possible and Fannie Mae's RefiNOW, Fannie Mae and Freddie Mac's Low Income Refinance Options, Self-Employed Borrower Form 91 Part II - The Business Tax Return, Calculate Income for Freddie Mac for Partnerships and S Corporations, Including K-1 Income. Five Values that establish your intentions and ensure your communication is understood and acted on. The following Genworth training webinars deliver the advantage of a live instructor with the convenience of learning right from your desk. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter (DU) changes that may have a direct impact on the loans in your pipeline. We deliver skill-building training programs and special events right to your desk through our webinars. about experiencing the effects of aging firsthand. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page.
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