Essentials Live! Recordings

Get Answers to the Most Common Loan Challenges.
Income, Asset, Appraisal Challenges and More...

Each 30-minute session focuses on a different loan scenario, including real-life loan challenges we receive from you. Can’t attend one of our LIVE sessions? No problem. We record them so you can get the answers you need when it works for you.

Access the full library of on-demand sessions below.

Analyzing Income on 2- to 4-Unit Primary Residences!

Rental Income

November 4, 2024

Master rental income analysis to properly calculate income on a 2– to 4–unit owner occupied property.

Are Distributions Higher than Ordinary Income?

Self-Employed Borrower

January 8, 2024

How can a borrower withdraw more than they have earned? What if they are showing a loss? Learn when this is acceptable and when it could be a red flag.

Automated Underwriting, One & Done?

MI Products/Programs

September 25, 2023

When do you resubmit a loan to AUS? We’ll discuss AUS data, tolerances and errors in credit data.

Boosting Borrower Approval – Leveraging Hourly Pay Rate Increases

Income

September 9, 2024

Understanding how hourly pay rate increases can help your borrower get into their dream home. This follows FHLMC’s 8 step process.

Collateral Assessment Risk Score Less Than 2.5? Streamline Your Appraisal Review!

Appraisals

February 25, 2024

What are you responsible for when FNMA Collateral Underwriter® (CU®) and FHLMC Loan Collateral Advisor® (LCA) provide representations and warranties with a score less than 2.5. Sometimes less can be more.

Don't be Fooled! Let's Talk Fraud Misrep.

Fraud

April 8, 2024

Learn important strategies and tactics to combat occupancy and seller impersonation fraud prevalent today.

Don't Get Spooked by Short Term Rentals

Rental Income

March 25, 2024

Learn how to review short-term rental income guidelines, when you can use it as income and how to document it.

Don’t be Fooled! Let’s Talk Fraud Misrep. Part 3 – Paystubs & Employment

Fraud

August 12, 2024

Ready to outsmart paystub and employment fraud? Learn key strategies and tactics to prevent mortgage fraud.

Don’t be Fooled! Let’s Talk Fraud Misrep. Part 4 – Occupancy and Asset Fraud

Fraud

October 28, 2024

Learn how to tackle fraudulent occupancy and asset strategies and techniques to safeguard financial integrity when reviewing origination files.

Don’t be Fooled! Let’s Talk Fraud Misrep. Part 2 – W-2s & Tax Returns

Fraud

June 10, 2024

Discover strategies to combat W-2 and income tax return fraud head-on. Learn defenses against today’s prevalent scams to stay ahead of the game.

Family Business

Income

March 13, 2023

Join us and learn what you need to know when a borrower works in a family business and what's required for this non-arm's length transaction.

Get Qualified With a Positive Rental Payment History

Credit

August 28, 2023

Learn how positive rent history with an AUS loan could impact the loan decision.

Haunted by Mileage Depreciation?

Self-Employed Borrower

October 23, 2023

Let’s talk calculating mileage depreciation with Schedule C or Form 4562.

How To Establish Liquidity When the Schedule L Is Blank

Self-Employed Borrower

January 23, 2023

Discover the different types of documentation that can be used to determine liquidity.

Income Analysis Challenges in a Multi-Earner Era

Income

November 28, 2022

The ‘gig economy’ has evolved and so have the variable income challenges. Join us as we dive into some unique scenarios to determine what you can and can’t use and why.

IPC Home Runs

Assets

April 24, 2023

Learn how Interested Party Contributions (IPCs) can help with closing costs and be a home run for your borrower!

Is Your Borrower New to Working in the U.S.?

Income

July 8, 2024

Discover what income counts and how to qualify your borrower for their new home.

Justifying Credit Reputation

Credit

June 26, 2023

Has your borrower had an isolated event beyond their control? Learn how to document and explain their extenuating circumstances.

Less Than 25% Business Ownership?

Self-Employed Borrower

September 11, 2023

Learn to qualify a borrower, with under 25% business ownership, for a mortgage.

Matters of Appraisals

Appraisals

May 13, 2024

From manufactured housing to home flipping, learn why appraisal comments matter!

Navigating Employment Obstacles

Income

March 11, 2024

Whether your self-employed borrower is moving to a new state, had a substantial income change, or any other challenging variable income scenario, this is the session for you!

New GSE Documentation Requirements for Rental Properties

Rental Income

August 23, 2024

Review GSE requirements regarding documenting rental income, including leases, security deposits, appraiser's opinion of market rent and more!

No Longer the Boss...?

Income

May 8, 2023

Have a borrower who recently transitioned from being self-employed to a W-2 full-time employee? Let’s discuss what you need to know to confidently document and calculate income.

Non-Traditional Credit: An Unsung Hero

Credit

June 12, 2023

Join us to learn how using non-traditional credit can qualify your borrower!

Non-U.S. Citizen Borrowers

Income

November 27, 2023

Learn what types of documentation are acceptable in determining eligibility for non-U.S. citizen borrowers.

Qualifying a Farmer

Self-Employed Borrower

February 12, 2024

Learn how to accurately qualify a farmer with key line items on Schedule F. Review co-mingled personal and business assets, non-taxable cooperative distributions and commodity credit corporation loans, other income and more.

Qualifying a Traveling Nurse

Income

August 14, 2023

Walk through calculations to determine what income can be used to qualify a traveling health care professional.

Re-entering the Workforce

Income

March 27, 2023

Has your borrower re-entered the workforce after an extended break in their career? Let us help you answer your employment gap questions for mortgage eligibility.

Shared Equity Program and Long-term Affordability

MI Products/Programs

November 13, 2023

Join us as we discuss shared equity programs, concentrating on income and resale price restrictions.

Tax Return Deadlines, Amendments & More!

Self-Employed Borrower

April 10, 2023

Tax filing season is here! Let's review GSE guidelines regarding tax return due dates, extensions and amendments.

The ABCs of RSUs

Income

Updated August 5, 2024

Learn the ins and outs of Restricted Stock Units (RSUs) and when they can be used as qualifying income.

The Maze of 8825 Rentals

Self-Employed Borrower

October 24, 2022

When can I offset the mortgage? Can I add back depreciation? How do I cash flow a property? Get answers to these questions and more.

Timely Appraisal Adjustments

Appraisals

May 22, 2023

Join us to discuss positive and negative appraisal time adjustments and learn how this affects the underwriting review and supports the property value.

Using Business Assets as Down Payment?

Assets

July 10, 2023

Determine if the use of business assets will meet GSE requirements and how the business will be affected.

Using Employment Offers As Proof of Income

Income

February 13, 2023

The loan closes prior to my borrower's start date. I don’t have a paystub. Can I use the income from their new employer?

What MI Can Do for Your Borrower!

MI Products/Programs

July 24, 2023

How do you decide between 5, 10, 15 or 20% down? We'll discuss scenarios to determine what is best for your borrower to leave room for upgrades or investments.

What To Do With a W-2

Income

January 9, 2023

Become an MVP! We'll show you what boxes to review and why for wages, housing, tip income and more.

Year End Review Game!

December 11, 2023

Join us for a fun 2023 end-of-year review game designed to help test your knowledge of Fannie/Freddie guidelines.