Not Your Ordinary Assets

Wednesday Jun 05, 2019
Catch this sequel to Liquid Assets for an introduction into less common assets that can be used in a mortgage transaction. 

 In this session you will learn:
To evaluate the less common asset that may be used in the mortgage transactions - tax refunds, real estate commissions, life insurance payments, bridge loans, and loans against life insurance or retirement funds.  Lease-to-Purchase escrow accounts are also discussed    
Industry and GSE  requirements for document requirements for each asset type with a focus on red flags 
To differentiate between documentation and qualification requirements for borrowers selling an asset or taking a loan against an asset

Details

Date 06-05-2019

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