Calculating Income, LTV, & DTI Workshop
Join us for an intensive study course on these basic mortgage lending formulas. In the Calculating Income, LTV, & DTI Workshop, students will learn how to apply the correct calculation to various loan scenarios.
Examples will be presented and students will have an opportunity to complete exercises with the instructor for a better learning experience.
- Hourly wage income calculations
- Salaried wage income calculations
- Overtime, bonus, commission, and un-reimbursed expense calculations
- Social security and pension calculations
- A brief introduction to self-employment income and tax returns
- Schedule C income calculations
- Rental income calculations
- LTV, CLTV, and HCLTV definitions and calculations
- PITI, PITIA, Housing Ratio, Total Ratio, and Payment Shock definitions and calculations
- Course Length: 3 Hours
- Instructor-Led Online Webinar
- Duration: 24/7 Access for 1-Year
- All Course Materials are Downloaded as PDF Files
- Certificate of Completion Downloaded as a PDF File
Upon request, we can provide you with Job Search Resources which are simply considered a value added benefit of purchasing a CampusMortgage® training webinar. The Job Search Resources will be emailed to you as a PDF file, and contain various links to help in your job search process. These links include: mortgage industry networking sites, job posting sites, resume builder sites and more. Please note: The Job Search Resources are not to be considered job placement assistance as we view that as a conflict of interest.
HOW IT WORKS:
As soon as you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training IMMEDIATELY.
WHO SHOULD ATTEND:
Aspiring mortgage processors & underwriters wishing to learn how to underwrite condo/cop-op properties, from A to Z. Whether you're unemployed and looking to enter the mortgage processing profession, or you're currently working at a bank or lender as an underwriter, this loan processing training program will provide the skills you need to succeed as an effective mortgage processor or underwriter.
No refunds or credits will be issued if a student and/or customer has logged into any online webinar course or has requested a Certificate of Completion for the course/certification/bootcamp/bundled package purchased. If a student and/or customer has not logged into an online webinar course or has not requested a Certificate of Completion, the customer is entitled to a full refund (minus a $75 administrative cancellation fee) provided a refund request is received in writing or via e-mail by CampusMortgage® within (5) calendar days from the date of purchase.
All CampusMortgage® online training classes are "professional development" and are for informational purposes only (not licensing training). Obtaining a CampusMortgage® Certificate of Completion does not imply you are an "expert" or "licensed" in any mortgage related field - it simply means you've taken a specific number of hours of online training. We do not guarantee you will find a job and do not provide job placement assistance. We are not owned, operated, or affiliated with HUD, FHA or the Federal Government in any way.
|About The Provider:
||CampusMortgage® provides instructor-led mortgage training classes to students nationwide.
We employ the latest in technology advancements, offering students comprehensive mortgage loan training and job placement resources.
Take the first step to becoming an FHA mortgage underwriter, processor, or originator by completing our online training classes today!
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|Keywords For This Course:|
calculating income, mortgage lending formulas, LTV, DTI
|Currently Scheduled Dates For This Webcast|
|Calculating Income, LTV, & DTI Workshop||CD/On-Demand||$299.00||
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