Eligibility and Underwriting for the MPF Xtra® Product
This webinar specifically addresses some of the eligibility and underwriting guidelines for the MPF Xtra® product. Topics to be discussed include determining LTV/CLTV limits, subordinate financing, required borrower funds, gifts, eligible property types, DTI calculations, credit, and much more. Recent Fannie Mae underwriting guideline changes will be discussed. This is an opportunity for those who may be new to the MPF Xtra product to learn about the many eligibility factors and experienced participants to sharpen their guideline expertise. All experience levels are welcome.
Who should attend?
The presentation is recommended for:
- Loan Officers
- Loan Processors
- Quality Control Staff