How to Qualify Mortgage Borrowers - Mortgage Calculations

4.7 (27)

Doug Vairo, ABA

LoanOfficerStore.com

  • CPA
  • CMA
  • CGMA
  • CPA(Canada)

Before starting this self study program, please go through the instructional document.

Overview

  • What determines the final interest rate on a loan?1 mins
  • Calculations of Basic Income for mortgage12.00 mins
  • What is LTV?23.00 mins
  • What else goes into PITI?29.00 mins
  • How DTI is useful to Mortgage borrowers?31.00 mins
  • What is a FICO Credit Score?34.00 mins

Course Description

This quick yet in-depth course will financial professionals a better understanding not only the basics but rather the details of how underwriters approve potential buyers on key elements in the borrowers' approval process.

Learning Objectives

  • Understanding the calculation of Basic Income
  • Identifying the key factor DTI - Debt to Income Ratio
  • Identifying the key factor LTV - Loan to Value Ratio
  • Understanding of the FICO Credit Scores for Mortgage
  • Understanding the final determination of interest rate on a loan

Who Should Attend?

  • Finance Pros
  • Business Owner
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA

Testimonial

4.7

(27)
74%
22%
4%
0%
0%

JL

It was certainly a rich webinar for its content.

EG

The applications of the webinar learnings are vast. I liked the webinar.

HP

The webinar was really good value for the content and presentation.

IK

It was a really interesting presentation on the subject.

RN

Great content and presentation. Very interesting and engaging, I must say...!

BB

The webinar was interesting and its guidance is practical. I would love to attend more webinars on the subject.