
Learn how to read and understand Desktop Underwriter and Loan Product Advisor to get an approve status
What you will learn
You will learn how to read and interpret Desktop Underwriter & Loan Product Advisor findings.
You will learn what DU is and why itโs so important to loan processors, loan originators, or mortgage underwriters.
You will learn what a Desktop Underwriter & Loan Product Advisor recommendation is and what it means.
You will learn learn how to think like an underwriter when reviewing DU & LP messages.
You will review and master 4 examples of instructor-explained DU & LP findings.
Description
Have you ever wanted to start learning underwriting skills that will open future job opportunities? This course goes over one of the most important steps in the underwriting process which is running, reading, and interpreting Desktop Underwriter and Loan Product Advisor findings.
This is the course you need to start closing loans!
This course teaches you how to pre-underwrite a loan before itโs reviewed by the underwriter. If you are a loan processor, loan originator, or underwriter, you will use this important skill on every single loan you do. Thereโs no way around this! DU and LP findings will need to be on every loan file thatโs completed by the lender to be compliant and to be able to sell the loan in the future. The truth is, underwriters canโt approve a loan unless they get an approve/eligible or accept/eligible status from DU or LP (some banks or lenders do manual underwrites but they are very few of them and is not the normal way you will get loans approved).
You canโt easily find content on this subject online because itโs information thatโs taught to underwriters when they are being trained to underwrite loans!
What will I learn in this course?
- Youโll learn what DU and LP are and how they affect the entire loan process.
- Youโll become much more knowledgeable when it comes to reading and analyzing DU and LP findings.
- Youโll learn to think like an underwriter by better interpreting the messages and the numbers that come back when you run the loan through Desktop Underwriter and Loan Product Advisor.
- Youโll be able to save more loans and close more loans.
- Also, youโll become more confident when speaking to an underwriter about specific conditions.
- Finally, youโll be better prepared for future job opportunities that can come up.
Whatโs included in this course?
- 4 real DU and LP examples explained in detail by the instructor.
- Specialized knowledge you wonโt find commonly online
- Lifetime access to the course
- Access to the course instructor in case you have any questions
- Course certificate upon 100% completion
- 30 day money back guarantee
LEARN DU & LP RIGHT NOW TO GET STARTED AND MOVE UP IN YOUR MORTGAGE CAREER!
This is a more specialized course that does require some basic mortgage knowledge so I recommend you take either of these courses on Udemy before starting this course so that you understand what is being explained:
โBecome a Mortgage Loan Processorโ
โStart a Profitable Career as a Mortgage Loan Originatorโ
โConditional Loan Approval Mortgage Trainingโ
Who will benefit the most from this course?
- Loan processors that want to prepare to do their best and get hired for higher paying positions.
- Loan Originators that want to close more loans by pre-underwriting loans before hand and provide DU or LP findings to realtors with the pre-qualification letter.
- Anyone who wants to start a career in underwriting.
- Mortgage business owners that want to increase their turn over ratio and close more loans.
- Realtors who want to understand if a potential buyer has a high probability of closing on the loan.
A course diploma will be available to you when all sections have been completed at 100% which you can save or print. For instructions on downloading your course diploma you can go to Udemy support.
Who is your instructor?
Joe Correa has closed hundreds of mortgage loans and owns his own mortgage company based in Orlando, Florida. He has over 24,000 students on Udemy, from beginners to advanced mortgage experts. Joe uses a simple and clear teaching technique that everyone will enjoy and benefit from.
Content