Processing Income and Assets

ABA SELF-PACED ONLINE TRAINING

A basic education of the income and asset documentation and underwriting requirements of a conforming residential mortgage loan, including tips on preparing a quality loan for submission to underwriting.

FREE companion course, Pre-Information on TILA-RESPA for AllRegs Mortgage Courses, provides a brief fact sheet: “TILA-RESPA Integrated Disclosure: What Does It Mean For You”.  Add this course to your shopping cart during the purchase process.    

Audience: Loan Processors.

Learning Objectives:

  • Distinguish the risk factors of a mortgage loan
  • Identify employment documentation requirements
  • Calculate stable monthly income
  • Calculate qualifying ratios
  • Calculate funds needed to close
  • Recognize documentation requirements and acceptable sources of funds

Related Training: Residential Mortgage Lender Certificate

The New York Bankers Association is a Local ABA Training Provider.

Questions:
NYBA Professional Development at (212) 297-1679 or education@nyba.com.
Enroll Online
Member $95
Non-Member $130


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To license this course for multiple learners, contact NYBA Professional Development.