Alpha Mortgage Training has taken a combined 58 years of processing and underwriting experience and created:

• Online and Live Mortgage Training
• QC Review for Mortgage Brokers
• Correspondence Courses (Self-Study) 

Alpha Mortgage Training was created by a Mortgage Underwriter to answer the question: What is the Underwriter looking for?  Alpha Mortgage Training is geared toward the actual mortgage process with real documents to answer your real situations.

D. Bass has over 13 years of Mortgage banking/lending experience. She has worked as a Contract Underwriter for 3 major Mortgage Insurance Companies as well as underwritten for several major lending institutions.  She has also written and performed seminars and workshops for various Mortgage Brokers for over 9 years.

During her time at different underwriting assignments she found she spent most of her day on the phone with mortgage brokers helping them restructure their files, explaining the mortgage process and explaining the basic mortgage fundamentals. Despite time constraints, pipelines and the infamous end of the month rush she managed to help all of her brokers.  She began offering weekend seminars when she could. Although she wanted to help them all it was just not possible, a majority of these originators were in different states.

Alpha Mortgage Training was born.  Going online provided her with a way to reach mortgage professionals in any state.

Every month Alpha Mortgage Training offers a Free course.

The Free Course May & June:

What FHA Has To Offer

FHA Mortgage Training Course that fits in everyone's budget! 

Spring into FHA with the information you need to get your loan approved. This course was designed for you to hit the ground running. A 3 hour course that goes over the information you need to get your FHA loan approved!

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Underwriting Sense...into the mind of an Underwriter

What do they want NOW!!!

This is the Sub-Prime professionals revitialization course. This is the course for you.  Underwriting Sense will give you the information you need to get your loans to the CLOSING table.

 HOW?..by telling you what you need to know: 

What The Underwriter Is Looking For!

This course goes over:

• Areas Commonly Missed on the 1003- we will go over the areas that slow your loan down in underwriting (you'll be very surprised!)
• AUS Tips- the industry is moving back to DU (FannieMae) & LP (Loan Prospector) explains what areas you are overlooking and breaks down the conditions that are commonly misunderstood
• Reviewing the Credit Report- goes over the credit report as an underwriter would
• Income Calculation- examples of diffrent types of paystubs and calculations for income
• Stated Income the Right Way!- discover diffrent techniques to make your income stronger
• Asset Verification- assets will be shown and disclussed as well as tips on how to verify them
• Title Issues- title issues will be discussed
• Appraisal Review- the appraisal will be reviewed from the underwriters point of view

FHA for Originators & Processors

FHA: Not Sub-prime, but definitely an alternative!

STOP TURNING DOWN BUSINESS!
 

If you aren't currently doing FHA loans or need a refresher course, this is the course for you. This course is taught by a seasoned DE Underwriter and breaks down the FHA mortgage process in a sensible, upbeat and interactive way!

Introduction to FHA

1. Uniform Residential Loan Application (as it relates to FHA)
   
2. Federal Statues & Regulations
   
3. Types of FHA loans
   
4. Calculations 

Qualifying your borrower for FHA

1. Borrower
   
2. Credit Requirements
   
3. MCAW
   
4. Analyzing the Borrowers Credit
   
5. Liabilities
   
6. Effective Income
   
7. Funds to Close 

FHA Appraisal Requirements

1. Selection of the Appraiser
   
2. Site Requirements
   
3. Neighborhood Hazards
   
4. Valuation Process
   
5. The Appraisal Report
   
6. Manufactured Homes
   
7. PUDs/Condos

We also offer 2 other training options:

1. Live Online Training

2. Online Training (can be taken at your leisure)

The Self Employed Borrower

Stated Income has been revised.  Don't let bank statement intimidate you anymore, this course is taught by a mortgage underwriter so you'll know what the underwriter is looking for.

• Define and explain the diffrent business structures
• Explain the documentation needed for self-employed borrowers
• Review the schudules and explain how they relate to the mortgage process