Focus on Assets: Acceptable Documentation and Eligible Sources

Available Times

Wednesday, October 2, 2019 1:00 p.m. - 2:00 p.m. EDT

This module will review eligible sources of funds for down payment, closing costs and reserves (if applicable) in 60 minutes. This course is designed for the participant to gain an understanding of eligible and ineligible sources of funds, minimum borrower contributions, reserve requirements, acceptable documentation for assets and understand Interested Party Contributions (IPC’s).

Intended Audience: Mortgage professionals seeking fundamental knowledge of asset documentation and various types of acceptable assets for qualifying for a mortgage loan.