Lets looks at how the Underwriter looks at a credit report for a manual underwrite file. What happens when the credit doesn't meet Financial Assessment requirements? Is a LESA always required?

In the Webinar, we will cover: Entering Borrower info or creating the Prospect’s file in Reverse Express Determining Reverse Mortgage Benefit for the Borrower How to Read a Reverse Mortgage Price Sheet Customizing the scenario to the borrower’s needs Generating a Quote or Pre-Counseling Package in both English and Spanish

We will cover the key process flow as well as documents needed to successfully process a closed HECM.

Determining eligibility and understanding the guidelines the Underwriter is going to undertake is key to a successful transaction. Learn how understanding Financial Assessment considerations will help you "Right Fit" your Borrower and help you avoid unforeseen credit and income issues.

We will take a deep dive into the demographics of America's senior homeowners and the future need to tap into home equity. Lets look at why offering the reverse mortgage is must for mortgage brokers.