Understanding The Credit Report for a Manual Underwrite
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?
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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.