Lender Training

Training

Recorded Live Trainings

Single Close Construction Program -  Webcast | Q&As

Creating Efficiency with New GUS - June 2021  Webcast  Slides with Notes  Q&As

Appraisal and Property Requirements – October 2021 Webcast | Slides with Notes | Q&As

Annual Income – Removing the Mystery – January 2022  Webcast | Slides with Notes | Q&As

Credit Analysis – June 2022   Webcast | Slides with Notes

Successful GUS Submissions – November 2022 Webcast | Slides with Notes

Handbook Changes and Hot Tips - March 2023 Webcast | Slides with Notes

Loan Program Basics

• Become an Approved Lender 
• Program Overview  
• Loan Terms, Purposes and Restrictions
• Refinance Loans 

Applicant Eligibility

• Applicant Eligibility 
• Annual Income  
• Assets  
• Adjusted Income
• Repayment Income
• Credit Analysis
• Ratio Analysis  

Property Eligibility

• Property Eligibility
• Appraisals
• Existing Dwelling and Repair Escrow Requirements
• New Construction
• Combination Construction to Permanent Loans
• Combination Construction to Permanent Loans: Rehabilitation and Repair
• Special Properties: Condominiums and PUDs
• Manufactured Homes  
• Site Requirements 
• Ownership Requirements  
• Environmental and Flood Requirements

Loan Processing and Closing

• Submitting a Complete File
• Conditional Commitment
• Closing the Loan
• Loan Note Guarantee