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Ask The Underwriter: Monday Mistakes Series

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Education & Training with Ask The Underwriter Mentor/ Mtg. Underwriter

Ask The Underwriter: Monday Mistakes Series

This weeks top picks:

  • FEMA Disaster Area: If the subject property is in a FEMA Disaster Area; make sure the appraiser addresses it.
  • Credit Inquries: Always address credit inquiries; no matter how  trivial or obvious they may seem.

 

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  • Analyzing the Self-Employed Borrower $69*  
  • Closing Quality Loans $69* 

 

Alpha Mortgage Training offers live and instructor led on-line courses. If you are looking to learn technique and theory than contact Alpha Mortgage Training.  Our Courses were written by underwriters with a combined 58 years of conventional and government experience. Our courses will help you produce quality loans and increase your closing ratio

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Randy Benefield
Trademark Property Services & Real Estate Inc., CalBRE, 01976861, 01442405 - Petaluma, CA

Good point. I purchased a home in a flood zone and was closing the deal when Congress had taken their brake without extending the National Flood Insurance Program. Luckily my lender went ahead in good faith with my application for flood insurance and proof of payment ready to go, gave me the loan and we closed the deal. two days later my flood insurance policy was processed and granted

Feb 21, 2011 05:11 AM