Webinar Recording: Road to Mortgage Success: 1003 Application Review & Risk Mitigation Analysis | Part 2

If you missed or are interested in re-watching the “Road to Mortgage Success | Part 2” webinar hosted on February 21, we wanted to share the recording with you. Once you click the link, you will be prompted to add your contact information then it will take you to the recording

Understanding the specific details of a borrower’s financial background is essential when completing a 1003 application. In this webinar, LenderSelect’s Lending and Training team will perform a detailed borrower financial analysis to understand how to identify and mitigate challenges early on and navigate to success. The team will be reviewing the last two pages of the 1003 to include but not limited to:

  • Declarations, such as bankruptcy, foreclosure, judgments, liens, alimony or child support
  • Non-United States citizenship
  • Debt-to-income ratios
  • Credit reporting
  • Government monitoring information

You can also find the recording to Part 1 here.

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