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
This a free webinar and will be presented live and the recording will be shared with all registrants following the event. This event is open to all real estate professionals.