This short video highlights some benefits, terms, and scenarios for your understanding. Mortgage Fundamentals is an essential course for those newer to the mortgage industry. In this hands-on course, you'll learn the proper adjustments to help qualify your borrowers. (Established professionals may also find this course a good refresher.). An alternative to FHA financing, HomeReady is designed for creditworthy, low-to moderate income borrowers and includes expanded eligibility for financing homes in designated low-income, minority and disaster-impacted communities. Radian Guaranty Inc. can help lower the risk for lenders making these types of loans, thereby helping potential borrowers qualify on a new construction property. You can find out more about which cookies we are using or turn them off at any time in settings. Creating Separation Between You and Your Competitors, Audience:Loan Originators, Managers and Marketing Staff. Gain industry knowledge and essential skills from the experts at MGIC, the industry's leading mortgage insurance authority. Times and technology have changed creating a quicker, more cost-effective approach to the residential appraisal. Interpersonal Skills by providing an environment where employees can share their expertise in a manner that is timely, easily understood, and fosters their role as a trusted advisor to our business leaders. This training course will review basic concepts around property valuations, the various methods available to determine a property value, and key uses of property valuations. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. Arch MI offers a mix of live and on-demand webinars and customized on-site training. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. 60-Minute Session Essent Essentials K-1 Workshop is designed to shed light on the perplexities of income analysis for Partnerships and S-Corps. You are protected Click here. Available formats: Webinar,OnDemand Video, Understanding Self-Employed Borrowers and Business Tax Returns, Audience:Loan Originators, Sr. These fees may have a direct impact to both lenders and borrowers. Find what you need to know about MGICs mortgage insurance rates. Genworth: Financial Solutions for Long Term Care Check the Status of Your Claim Now Login to track the status of your submitted claims and payments. Start planning for long term care so they can live life with confidence. Give your loved ones the confidence of knowing they will always be cared for. Training Resources Get instant access to the tools, guidance and training materials for our professional education courses. One of our most important commitments is enriching the quality of life in our communities. Learn the 3 big benefits of proving liquidity in your self-employed borrowers businesses. Are you ready to work with your customers when the appraisal comes in lower than the purchase price? Various income sources, from Social Security to interest income and capital gains, will be discussed as well as income trending and non-taxable income. Reviewing and Understanding the Basics of Tax Returns, Audience:Loan Originators, Jr. We use cookies to give you the best experience on our website. 10:00am (PT) I am fortunate to provide education and support to Advisors nationwide regarding the importance of LTC Planning and the various of solutions . Here is a list of some of our favorite free TRID training links: Free CFPB TRID Implementation Page. by supporting specific courses, continuing education and designations necessary for our technical professionals to maintain the most current information for their area of expertise. It requires that our employees embrace the need to regularly evaluate their own knowledge and skill sets. Five Values that establish your intentions and ensure your communication is understood and acted on. These fees may have a direct impact to both lenders and borrowers. Learn about the variety of red flags you will encounter when reviewing loan files and how to identify fraud schemes. Our new 45-minute class will show you five key tipsyou can take to avoid potential time delays, and has been updated to include the NEW 1003 (URLA). by providing an environment where employees can share their expertise in a manner that is timely, easily understood, and fosters their role as a trusted advisor to our business leaders. It's as easy as 3,2,1! You are protected When determining whether a webinar is the best medium for your needs, consider. Find everything you need to succeed right here, whether it be training, lead generation or networking. Using real world examples, participants will learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. With guidance from an Essent facilitator, participants will practice calculating the eligible monthly qualifying income for four different variable income types. 10 Keys to More Effective Presentation Skills. This short video will show you how Radian supports these transactions. Mortgage professionals participating in this course will learn Agency guidelines for analyzing variable income in addition to learning how to identify potential sources of variable income. Select a course category below to see what topics are offered under each and how to access: Learn about Mortgage Insurance (MI): What it is, how it works, why it provides value to lenders, investors, borrowers and how it helps build a path to homeownership! Arch MI trains mortgage professionals to compete in todays fast-paced lending environment. Jun 2016 - Present6 years 10 months. Join IIL's free webinars, for skilling up on project management, leadership, agile and scrum, communication, and work-life balance. Participants learn how to apply FNMA and FHLMC guidelines to the Schedule K-1, evaluate business liquidity and determine qualifying income. Combine that with the recent pandemic environment and it is not surprising that your customers have varying needs and comfort levels for communication and engagement. Select State Select City All Topics Title Type State Date & Time Agent Focused - Centrevillie-Grassroots Marketing In-Person Event Virginia Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, distributions and guaranteed payments, will help you develop a clearer picture of your self-employed borrower's income and financial standing. For years, the mortgage and real estate industries relied solely on the traditional appraisal report. Residential appraisals continue to evolve. Learn the differences between FNMA & FHLMC guidelines for calculating your self-employed borrowers income when they own a K-1 business. Login/Register to access the new Coverage & Care page featuring the Coverage Needs Estimator*. This hands-on course includes analysis for a PARTNERSHIP (1065/K-1/Schedule F) using a cash flow analysis method. In this webinar, Andrew Oxley will teach you how to effectively deal with conflict. Sharing your expertise via online webinars helps establish you as a trusted financial advisor to a wide audience. You may need to adjust your speaker volume. (888 436.9678) Monday - Thursday: 8:30 AM - 6 PM ET. with Genworth functions, businesses, human resources managers, and talent development leaders. Employee Engagement Survey conducted on an ongoing basis to monitor employee satisfaction. Whether youre new to the industry or a seasoned professional, Faster Closings delivers something for everyone. It's not rocket science, so why can't this be you? New to the industry? Radian Guarantys SplitEdge MI, commonly called a split premium, divides the MI premium flexibly, between an upfront payment, and reduced monthly payments! Watch Webinar Recording How to Review an Appraisal This webinar was recorded on February 23, 2023. Selecting this will open a country selector model view. Get the latest updates, industry trends, and guideline changes on GSE-related policies. From setting realistic expectations, to understanding what drives borrower satisfaction, youll discover how to invest your time and effort for maximum return. MGIC > Introducing MGIC's Magic Minutes Training Series Quickly refresh or expand your industry knowledge and skills with our new Magic Minutes training series, Evaluating & Calculating Borrowers' Income. 2023 Genworth Financial, Inc. All rights reserved. Learn how to calculate qualifying income using a cash flow analysis method. The mortgage industry is starting to see the documentation reflecting those impacts in loan files. capabilities that empower employees to create and execute on their development plans to be the most effective in their role and impactful to the business. This short video will give you the info you need to know for your next construction loan review. Learn how to support your Mortgage Insurance (MI) origination and servicing needs, including Non-Delegated MI, Delegated MI, and Contract Underwriting. Whether youve been in the business for decades or have just taken on a new role, youll benefit from 10 tips for communicating effectively with mortgage referral partners to gain a regular stream of business. 90 minutes. Understanding Loan Product Advisor - Advanced Guidelines and Updates, Updated Policy or Underwriting Changes or Clarifications, How to Determine if a Borrower Qualifies for the Program and its Benefits, Learn How to Properly Calculate Assets and Reserves for Mortgage Loans, Understand Fannie Mae's HomeReady Loan Program, Best Practices in Avoiding Common Underwriting Errors, Review Common Mistakes and Learn How to Avoid Them, Review of Partnership Income Form 1065 with Schedule K1, Fannie Mae 1084, and Review the K-1, 1065 and Solvency Test, Verify Sufficient Funds to Close by Completing the Two Examples, Review Different Types of Income and the LES (Leaving & Earning Statement), Review and Calculate Miscellaneous Employment Income, Bonus, Overtime, Commissions, Seasonal Income, Unemployment, Temporary Leave, Review S-Corporation - Form 1120S and 1040 with W2 and K1. Watch our step-by-step video tutorials on how to use Radians MI Online platform. Plan and outline your content. In addition to helping our employees with their training, leadership, and development needs, we also partner with various learning and development companies to help our employees drive their business performance. 888 Genworth. Cookies help us improve your website experience. More and, more loan files reflect different types of, compensation. At no additional cost to you or your borrower, upon closing, borrowers can select one of three benefits to add another layer of security to their lives. Available formats: On-Demand Video, On-Site Training (Contact your Account Manager), Learn How to Record Videos, Share Screens and More Using Zoom. 2 Reference Information Course Levels Basic - Mortgage professional who is new to the mortgage industry with no experience to residential lending terms, definitions, practices or guidelines. Our Essentials Training webinars are designed to deliver innovative, mortgage training courses to industry professionals like you. This video will provide the details you need for that next customer conversation. Get step-by-step instructions on how to use mortgage origination and servicing tools. Audience:Loan Processors andJunior Underwriters. In addition, registered users can also sign up for email and text notifications, elect to go paperless, assign a delegate for your policy and much more. Effective September 18th, Fannie Mae will implement several new Desktop Underwriter, Looking for more info on title services? In this webinar, Ginger Bell will demonstrate how to share your screen with borrowers via virtual meetings and record videos using Zoom. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can . This hands-on course includes analysis for a S-CORPORATION (1120-S/K-1) using a cash flow analysis method. support Construction-to-Permanent transactions. Planning for the Future with Your Spouse or Partner, Lets Talk: Conversations That Make A Difference, Talking To Aging Parents About Their Plans for the Future. Microsoft Teams webinars Meet with customers and coworkers from nearly anywhere. Genworths success is dependent on our response to that change. Learn More. General Dwight Eisenhower said, Plans are nothing. First Class Training for administration and facilities roles. Skip to Main Content Do you and your borrower's know the options to bridge the gap between the purchase price and the appraised value? Get useful how-to guidance on setting up and managing these visual meetings. A webinar training is any lecture, lesson, or another form of instruction delivered via webinar software. The webinar can be on-demand or streamed live as long as it teaches viewers about a certain subject of interest or how to gain a specific goal. To request on-site training, please contact yourArch MI Account Manager. Youll also review business tax returns and learn the differences between the business structures. We deliver skill-building training programs and special events right to your desk through our webinars. 1065/K-1 Partnership Analysis (with Schedule F) - Self-Employed Borrower, 1065/K-1 Partnership Analysis Self-Employed Borrower, 1120 Corporation Analysis - Self-Employed Borrower, 1120S/K-1 S-Corporation Analysis - Self-Employed Borrower, Analyzing Income for the Self-Employed Borrower, DU Live! This video highlights the functionality supported by Radian within Encompass to order and simplify the title process. For more information about Genworth Training, contact your Genworth sales representative, call the Genworth ActionCenter at 800 444.5664, or you can view . Give us a call or send an email using the contact information below. Many motivated buyers are now exploring new construction homes to fulfill their dream of homeownership. Blaine Rada, the host of Arch MI's Insights podcast series, is an experienced training coach and industry speaker who understands the challenges of competing for business in the mortgage marketplace. Year after year, customers value working with us. See plans and pricing Sign in Create connections and drive engagement with webinars Get started Learn how to host webinars in Microsoft Teams and find helpful resources. In this first Back to Basics course, we review acceptable income for mortgage qualification, including employment and non-employment sources. Session 3 - Evaluating Credit, Capacity, Capital & Collateral. 2023Essent Guaranty, Inc. All Rights Reserved. Learn the mathematical formulas for five key ratios used to assess the risk associated with mortgage loans. Intended Audience: new loan officers, processors and other mortgage operations professionals. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! Creating a Customer Communication Strategy Plan, Keeping Customers Informed and Engaged in a Virtual World. Learn the five-step GRASS method, three common mistakes to avoid and the most important (and sometimes the most difficult) thing your plan should include. Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more! We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. Our new training option offers brief, focused videos to increase your knowledge in 15 minutes or less! In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. We'll walk you through loan scenarios designed to introduce the rental income guidelines, and highlight any differences between Agency guidelines pertaining to rental income. This Timely Topics video will help you better understand those changes and impacts. Self-Employed Borrower Form 91 Part I - The Personal Tax Return Webinar April 17, 2023 @ 12PM EST Self-Employed Borrower Form 91 Part II - The Business Tax Return Webinar April 24, 2023 @ 12PM EST Navigating Mutual Threats & Opportunities with your Realtor partners Guide in understanding customers and their needs . Monday-Thursday 8:30 AM-6 PM ET. 3. Forgot password? Fannie Mae has adjusted loan criteria and updated their systems to accommodate more borrowers without credit scores and help simplify the process for lenders, Residential appraisals continue to evolve. Navigating and Evaluating Personal Tax Returns, Audience:Loan Originators, Loan Processors and Underwriters. TRID guidelines are designed to help borrowers understand the terms costs associated with of their loan more clearly before closing. to make learning and development activities more flexible, global, cost effective, and engaging. Get an overview of The Three Cs of mortgage banking including income/employment, assets/reserves and ratios. Learn how to navigate the new Uniform Residential Loan Application (URLA), also known as the Fannie Mae Form 1003 and Freddie Mac Form 65. and informed. Contact yourArch MI Account Managerfor details. Available formats: On-Site Training (Contact your Account Manager), Five Steps to Better Goal Setting and Planning. The First Decision Approval video covers all the key underwriting documents required to obtain an MI Approval for non-delegated submissions. The practice exercises include various salaried, military, teacher and non-taxable income scenarios. Long Term Care Insurance Forms, Life Insurance Forms, or Annuities Forms. Gain a basic understanding of the Self-Employed Borrower by learning about the various business entities, their required tax forms and how to calculate liquidity for these types of borrowers. Webinar steps Before the webinar The organizer: Schedules the webinar well in advance, usually by several weeks. This video series, featuring Rene Rodriguez, will tackle some of your most complex challenges with simple steps that lead to positive results. However, there are many resources, including required educational opportunities, available to help a new buyer navigate this process from start to finish. The pace of change in the marketplace has accelerated from fast to almost instantaneous. in group process facilitation, classroom instruction, and organizational effectiveness. Learning Technology to make learning and development activities more flexible, global, cost effective, and engaging. For years, the. This comprehensive webinar takes you on a step-by-step review of the Partnership and S Corporation tax returns. If you have a group for in-person, on-site training, we can provide that, too. Login to track the status of your submitted claims and payments. Forgot username or password? Are you ready for the potential surge of Construction-to-Permanent loans as a result? E-LEARNING & Previous Webinars Get easy access to National MI courses and our previously recorded webinars. Learn how to calculate qualifying income for a self-employed borrower. What is Trended Credit Data? Filter below to browse by topic, select format (such as Recorded), or display calendar view. is here to help real estate & mortgage professionals of all experience levels stay educated. Five Verbs that are the specific skills to make you a more effective communicator. Please check your mail and enter the code here. Want to gain a better understanding of earnings, distributions and liquidity analysis? Watch Full Recording Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. You can also watch this short video to learn more about the benefits or RADAR Rates for you and your borrowers and how to easily obtain rate quotes. Customized marketing for loan originators, Explore the benefits of partnering with MGIC.