Not Your Ordinary Assets

Wednesday Jan 22, 2020
Catch this sequel to Liquid Assets for an introduction into less common assets that can be used in a mortgage transaction. 

 In this session you will learn:
•	To evaluate the less common asset that may be used in the mortgage transactions - tax refunds, real estate commissions, life insurance payments, bridge loans, and loans against life insurance or retirement funds.  Lease-to-Purchase escrow accounts are also discussed    
•	Industry and GSE  requirements for document requirements for each asset type with a focus on red flags 
•	To differentiate between documentation and qualification requirements for borrowers selling an asset or taking a loan against an asset 

Details

Date 01-22-2020

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