Processing Income and Assets

Course Number: ABA

Course Code: ABA

A basic education of the income and asset documentation and underwriting requirements of a conforming residential mortgage loan, including tips on preparing a quality loan for submission to underwriting. 

FREE companion course, Pre-Information on TILA-RESPA for AllRegs Mortgage Courses provides a brief fact sheet: “TILA-RESPA Integrated Disclosure: What Does It Mean For You.” Add this course to your shopping cart during the purchase process.

Produced by Ellie Mae/ AllRegs┬«

What You’ll Learn

After completing this course, students will be able to:

  • Distinguish the risk factors of a mortgage loan
  • Identify employment documentation requirements
  • Calculate stable monthly income
  • Calculate qualifying ratios
  • Calculate funds needed to close
  • Recognize documentation requirements and acceptable sources of funds

Audience: Loan processors.

Prerequisites: None

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Member Price: $95.00
Non-Member Price: $130.00
Textbook Charge: $0.00

Credits: None

Length: 1 hour

ABA Training