📝
Mortgage Basics+ Training Program
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  • Welcome to Mortgage Basics+!
  • The Four Cs of Underwriting
  • The First 3 Cs in Mortgage Lending
    • Module 1: Credit Documents
      • Credit Basics, Credit Bureaus & FICO Scores
      • LQIs & Credit Rescores
      • Liens & Judgments
      • Consumer Explanation Letter
      • Credit Supplements
      • Fraud Freezes
      • Divorce Decrees: Court Ordered & Voluntary Agreements
      • Bankruptcy, Foreclosure, Short Sales & Deed-in-Lieu
    • Module 2: Income Documents
      • Income Calculation
      • Debt-to-Income Ratio (DTI)
      • Income Worksheet
      • LoanBeam
      • W-2 Employee Income Documents
      • Self-Employed Income Documents
      • Written and Verbal VOE’s
      • Other Income Sources: Rental, SSI, Disability
      • Tax Transcripts
    • Module 3: Asset Documents
  • The 4th C in Mortgage Lending
    • Module 1: Introduction
    • Module 2: Insurance Documents
    • Module 3: Title Documents
    • Module 4: Appraisals
    • Module 5: Specific Property Types
  • Credit Training Video
  • Capacity Training Video
  • Capital Training Video
  • The Four Cs Test
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  1. The First 3 Cs in Mortgage Lending

Module 2: Income Documents

Income documents are an essential component of the mortgage application process. These documents provide proof of the borrower's income and help lenders assess their ability to repay the mortgage loan

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Last updated 1 year ago