Focus on Assets: Acceptable Documentation and Eligible Sources

Available Times

60-Minute Session
This module will look at eligible sources for funds to close and reserves (if applicable) as well as the requirements for asset documentation. The course is designed for the participant to gain an understanding of eligible and ineligible sources of funds, interested party contributions (IPC's), large deposits, business assets, reserves, and acceptable documentation for assets.

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