MGIC Presents: Evaluating Borrower Assets

Overview

Thorough evaluation of borrower assets is critical in making an informed underwriting decision. In this webinar presented by MGIC, we'll address a number of questions that should be explored when evaluating a borrower's assets. Have the borrowers demonstrated an ability to save? Do they have assets sufficient to close the loan and satisfy reserve requirements?

During this live training webinar you will learn about: 

  • Different types of assets 
  • Documentation requirements 
  • Funds required for closing and for reserves
Who Should Attend?
  • Loan officers
  • Loan processors
  • Underwriters
  • Quality control staff