Friday, September 12
This session will provide a general overview of Fannie Mae's Collateral Underwriter as well as some examples of findings to review.
Friday, September 12
The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based upon the cash flow of the subject property.
Monday, September 15
A review of USDA programs for Delegated and Non-Delegated Correspondents
Tuesday, September 16
This session will cover the steps that necessary to process a loan. Understanding the loan application; Overview of automated underwriting options; Reviewing the credit report and Verifying income and assets This session is the fifth in our Mortgage Fundamentals series.
Wednesday, September 17
This session will provide an overview of condo and co-op project types as well as how to submit projects to NewRez for warranty.
Thursday, September 18
An Overview of NewRez's Final Doc policies and DocGenius usage.
Thursday, September 18
This session will cover more in depth processing tasks. Increased details of the loan application; Credit and liability requirements; Acceptable Assets and Verifying different types income and assets. The sixth and final portion of our Mortgage Fundamentals series.
Friday, September 19
Newrez announces the launch of the Yosemite Jumbo AUS product for ALL Correspondents seeking larger loan amounts. This new product offers an ideal solution for borrowers who require greater flexibility and higher loan limits, all while adhering to Agency AUS guidelines.
Monday, September 22
The SmartEdge product is meant for borrowers that have strong credit and are looking for flexible financing options INCLUDING those looking for Non-warrantable Condos and Condotel options. We have just added an Asset Qualifier which features NO DTI calculations Those borrowers may have had some credit issue in the past. This includes credit issues such as: Bankruptcy, Foreclosure, Short sale
Monday, September 22
This overview will provide the basics of VA loans to our clients. Discussion will center on: Specifics of VA; VA Guidelines and Specifics of Transaction Types
Tuesday, September 23
This session will provide an overview of VA IRRRL transactions. Discussion will center on: IRRRL specifics; Guidelines; Transaction Types; Product Features; Product Enhancements; Documentation Options and Questions
Wednesday, September 24
The SmartSelf product is designed for a strong credit quality, self-employed borrower. It allows for the use of bank statements instead of tax returns in order to qualify the borrower(s). The statements must show proof that the borrower’s income is: Stable, Sufficient to repay the borrower’s debts and Likely to continue. Our new feature allows the use of 1099's to qualify
Wednesday, September 24
This session will provide an overview of Newrez's Closed End Seconds Guidelines and the processes. This is for DELEGATED Correspondents.
Thursday, September 25
Join us for this webinar covering the affordable products of Fannie Mae's HomeReady and the HomeReady Plus option. We will discuss: Product Details including Duty to Serve Automated Underwriting Borrower Eligibility Loan Eligibility Mortgage Insurance Options Special Requirements
Friday, September 26
The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based upon the cash flow of the subject property.
Monday, September 29
This FREE webinar will be a review of the FNMA and FHLMC product mix offered by NewRez
Monday, September 29
This Webinar will be an overview of Texas Real Estate Law, general Texas Home Equity information, products and questions
Tuesday, September 30
Join us for this webinar covering the affordable products offered under Freddie Mac Home Possible products. We will discuss of the BorrowSmart option and how the use of this credit could allow for your borrowers to purchase a house without depleting any emergency funds or savings and could be used toward maintenance or even furniture for their new home. This program is intended to assist borrowers in need of additional funds and we will discuss who is best suited for it and it's usage. We will discuss: Product Details including Duty to Serve Automated Underwriting Borrower Eligibility Loan Eligibility Mortgage Insurance Options Special Requirements
Tuesday, September 30
Newrez announces the launch of the Yosemite Jumbo AUS product for Correspondents seeking larger loan amounts. This new product offers an ideal solution for borrowers who require greater flexibility and higher loan limits, all while adhering to Agency AUS guidelines.