VA Training & Luncheon

When:
September 19, 2017 @ 10:30 am – 1:30 pm
2017-09-19T10:30:00-02:00
2017-09-19T13:30:00-02:00
Where:
Hyatt Place
3234 W Montague Ave
N Charleston SC 29418
Cost:
$25-35
Contact:
Sara Cody
VA Training & Luncheon @ Hyatt Place

In this session, we will be discussing VA Best Practices for Lenders. Here are some of the major topics that will be covered:

Eligibility: Full/partial with down payment calculations – both standard and jumbo; 2nd mortgage guidelines with Jumbo VA’s; Reviewing COEs; Restoring eligibility; Dual loans; Surviving spouse; Areas of concern

Qualifying: Ratios and residual guidelines; Family size guidelines; Childcare guidelines; Grossing up tax-free income; Implications of 100% disability in SC; Acceptable assets for required cash; Update on credit analysis; REO consideration