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.
Are Distributions Higher than Ordinary Income?
Rental Income
Session #70: 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
Session #64 September 25, 2023
When do you resubmit a loan to AUS? We’ll discuss AUS data, tolerances and errors in credit data.
Collateral Assessment Risk Score Less Than 2.5? Streamline Your Appraisal Review!
Appraisals
Session #73 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
Session #76 April 8, 2024
Learn important strategies and tactics to combat occupancy and seller impersonation fraud prevalent today.
Don’t be Fooled! Let’s Talk Fraud Misrep. Pt 2: W-2s & Tax Returns
Fraud
Session #79 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.
Essentials Live! Replay: Don't Get Spooked by Short Term Rentals
Rental Income
Session #75 March 25, 2024
Learn how to review short-term rental income guidelines, when you can use it as income and how to document it.
Family Business
Income
Session #51 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
Session #62 August 28, 2023
Learn how positive rent history with an AUS loan could impact the loan decision.
Haunted by Mileage Depreciation?
Self-Employed Borrower
Session #66 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
Session #48 January 23, 2023
Discover the different types of documentation that can be used to determine liquidity.
IPC Home Runs
Assets
Session #54 April 24, 2023
Learn how Interested Party Contributions (IPCs) can help with closing costs and be a home run for your borrower!
Justifying Credit Reputation
Credit
Session #58 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
Session #63 September 11, 2023
Learn to qualify a borrower, with under 25% business ownership, for a mortgage.
Matters of Appraisals
Appraisals
Session #78 May 13, 2024
From manufactured housing to home flipping, learn why appraisal comments matter!
Navigating Employment Obstacles
Income
Session #74 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
Self-Employed Borrower
Session #71 January 22, 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
Session #55 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
Session #57 June 12, 2023
Join us to learn how using non-traditional credit can qualify your borrower!
Non-U.S. Citizen Borrowers
Income
Session #68 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
Session #72 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
Session #61 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
Session #52 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
Self-Employed Borrower
Session #67 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
Session #53 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
Session #50 February 27, 2023
Learn the ins and outs of Restricted Stock Units (RSUs) and when they can be used as qualifying income.
Timely Appraisal Adjustments
Appraisals
Session #56 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
Session #59 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
Session #49 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
Session #60 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
Session #47: 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!
Session #69: December 11, 2023
Join us for a fun 2023 end-of-year review game designed to help test your knowledge of Fannie/Freddie guidelines.