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Credit Analyst Training: Gain the knowledge to help you stand out from the competition

What you will learn

This course is designed to help anyone land a job as a Credit Analyst or a Real Estate Analyst

You can learn this course and pass your Credit Analyst Exam

This course includes a PDF copy of all terms needed to pass your interview and your Credit Analyst exam

A sample Test Case Review is also included in this course to help you completely a full real estate analysis on a new file

Credit Analyst, Real Estate Analyst, Senior Mortgage Underwriter, Underwriting Team Lead, Credit Analyst Team Lead, Real Estate Analyst Lead

Description

This course is designed to help you land your first job as a mortgage credit analyst and beginning a rewarding career in the mortgage industry. The willingness to learn and having an open mind alongside education is key for growth in this industry. Real estate analyst and underwriting is the process of reviewing a loan application to determine the amount of risk involved. The Analyst will look at the borrower’s financial standing and the value of the property at hand to review the potential of the deal. A typical real estate transaction has so many moving parts, it can be easy to get lost in the details. An credit analyst’s role is to research the borrower and investment to determine the security of a loan. The reason for underwriting real estate transaction process exists specifically to help investors and lenders avoid potentially risky deals. Getting a career in Real Estate especially as a credit analyst / mortgage underwriter poses its challenges and many have tried and failed the entrance exam. This course is designed to give you the tools to excel on your entrance exam as well as the ability to pass your test cases so you can be well on your way to a very rewarding career.


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English
language

Content

Introduction to Underwriting and 1003 Review

Introduction to Mortgage Underwriting
Intro to 1003 URLA (Uniform Residential Loan Application)
1003 URLA Test Case Review Step By Step

Credit Review

Introduction to Credit Review
Test Case Credit Review Process Step By Step

Income Calculation Review

Introduction Income Calculation Wage Earner
Paystub Income Review Test Case
Schedule E Tax Return Explained Test Case
Introduction to Self Employment Income
Schedule C and 1040 Tax Returns Explained Test Case

Asset Review

Introduction to Asset Review
Asset Review Test Case

Appraisal

Introduction to Appraisal Review
Appraisal Review Test Case

Preliminary Title Report

Introduction to Title Report
Test Case Title Report Review

Capacity

Capacity and DTIs

Introduction to Mortgage Payments

Amortization, HOI, Taxes, and HOA

Loan Conditions

Loan Conditions

Common Errors Underwriters Make

Common Errors Underwriters Make

Underwriting Sample Test Questions and Answers

Sample Test Question and Answers

Certification Process

D.E. Certification Process