MPF® University Welcomes Radian: Understanding Liquid Assets
Date / Time: Tuesday, May 4, 2021 1:00 PM - 2:00 PM
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This is the perfect session for any mortgage professional looking to build their knowledge of the most common asset types used to qualify your borrowers.
You will learn:
- Liquid assets needs specific to the mortgage transaction: down payment, closing costs and reserves.
- Eligible and ineligible assets
- To evaluate and sources funds for commonly used liquid assets: checking accounts, savings accounts, CDs, gift funds, stocks, or bonds and business funds.
- Industry and GSE guidelines for documentation, verification and sourcing of funds with a focus on red flags.
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