Processing Income and Assets

Processing Income and Assets

SELF-PACED ONLINE COURSE: ABA ELEARNING  (LENGTH: 1 HOUR)

Price: $95 members; $130 non-members

Member Online Enrollment | Non-Member Online Enrollment
This course is also available at discounted prices under an annual license.  Call or email for details.
Re-versioned: August 2014
Course Description:  This course is designed to provide a basic education of the income and asset documentation and underwriting requirements of a conforming residential mortgage loan. The course will also provide tips on preparing a quality loan for submission to underwriting.
Audience:  Loan Processors.
Learning Objectives:  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

    The Nebraska Bankers Association is a Local ABA Training Provider.
    For More Information Contact:

    Joanne Smith
    Education and Member Information Coordinator

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008