Let’s Get Back to MI Basics
Review your favorite posts from our Back to MI Basics series plus other blog posts and training courses related to your role!
Get More Good Stuff Below
Posts for Loan Officers
Ask an RU: Everything you Need to Know about Non-Arm’s Length Transactions
Referrals and networking are key tactics that many of us rely…
6 Tips for First Pass Approval When Submitting a Non-Delegated MI Application
Underwriting non-delegated loans requires a lot of diligence…
Borrower-Initiated MI Cancellation Explained: Main Points You Need to Know
Being able to cancel mortgage insurance is a huge selling point…
Subscribe to our blog to get more content like this delivered straight to your inbox
Top Training Courses for Loan Officers
Introduction to the Mortgage Industry
Designed for new personnel, those new to the mortgage industry or individuals who need a refresher on: Industry Terms, Evolution of the Mortgage Industry, Characteristics of Different Types of Lenders, What is the Secondary Market and Types of Mortgage Related Income.
Understanding Credit Reports and Credit Scores
Discover who prepares the credit report, what information is included, where the information comes from, and the different types of available reports. Understand how to use the codes included throughout each section of the credit report, plus increase your knowledge of the elusive credit scoring model and how it impacts the borrower scores.
An Overview of the New Residential Loan Application
This course introduces the new Uniform Residential Loan Application (URLA), commonly referred to as the 1003/65. Reviews the new information fields that are required and provides a quick look at the new sections, as well as effective dates for using the form.
Understanding Affordability Options
An overview of Fannie Mae’s HomeReady product is highlighted in this webinar. Product eligibility and underwriting options, as well as mortgage insurance guidelines are reviewed.
Posts for Loan Processors
Ask an RU: Top Compensating Factors to Help More Borrowers Get into a Home
Not all mortgage loan submissions are the same! When you are…
Ask an RU: Everything You’ll Need to Know About Gifts, Gifts of Equity and Gift Funds
We strive to help lenders bring the dream of homeownership to…
Avoiding Burnout in a Virtual World
March 2021 marks a full year of working virtually for many of…
5 Tips to Ensure a Smooth Underwriting Submission Process
Your borrower found the perfect home. You’ve collected and…
Subscribe to our blog to get more content like this delivered straight to your inbox
Top Training Courses for Loan Processors
Asset Review
Learn how to review bank statements and assets, identify acceptable assets, and identify key compliance and misrepresentation components.
Best Practices in Loan Processing
Session highlights basic best practices for Loan Processors before submitting a file to underwriting. Common sense tips that are often overlooked before submission.
Calculating Rental Income
The course will help you understand general guidelines for calculating rental income, including recent Fannie Mae/Freddie Mac announcements and forms, as well as how to use Schedule E.
Understanding URLA
This course introduces the new Uniform Residential Loan Application (URLA), commonly referred to as the 1003/65.
Posts for Underwriters
Ask an RU: Accessory Dwelling Units (ADUs) and How They Can Impact Your Loans
Accessory Dwelling Units (ADU), previously known as in-law suites…
Ask an RU: Everything you Need to Know about Non-Arm’s Length Transactions
Referrals and networking are key tactics that many of us rely…
6 Tips for First Pass Approval When Submitting a Non-Delegated MI Application
Underwriting non-delegated loans requires a lot of diligence…
Contract Underwriting: How our Services can Seamlessly Adapt to Help You Meet your Business Needs
As we face the challenges of today’s mortgage marketplace,…
Subscribe to our blog to get more content like this delivered straight to your inbox
GET IN TOUCH
800-444-5664
action.center@enactmi.com
EnactMI.com
action.center@enactmi.com
EnactMI.com