Calculating Income, LTV, & DTI Workshop
||Online Training Course
"Calculating Income, LTV, & DTI Workshop" is an in-depth, instructor-led online program on how to apply the correct calculations to various loan scenarios.
It is designed to teach the fundamentals of loan calculation to new and seasoned mortgage processors alike.
In this course you'll learn about salaried wage calculations, hourly wage calculations, and more, including:
Upon finishing the course you will receive a Certificate of Completion and the skills required to be a successful mortgage processor.
- Overtime, bonus, commission, and un-reimbursed expense calculations
- Social security and pension calculations
- A brief introduction to self-employment income and tax returns
- Schedule C income calculations
- Rental income calculations
- LTV, CLTV, and HCLTV definitions and calculations
- PITI, PITIA, Housing Ratio, and Total Ratio definitions and calculations
Anticipated Time To Complete
This online course will take approximately three hours to complete. You do not have to complete the course in one sitting – there are bookmarks in this course that allow you to stop and restart as needed.
Upon enrollment, you'll receive an email from the course provider (CampusMortgage®) with links and passwords to access the course. You will have full access to the course for one full year.
|About The Provider:
||CampusMortgage provides instructor-led mortgage training classes to students nationwide.
Each CampusMortgage instructor has an average of 15 years of prior mortgage-related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing loans, and more.
All CampusMortgage online training classes are professional development courses designed to help you do your job better and are not licensing training. Upon successful completion of a course, you can download and print a Certificate of Completion. Such certificate does not imply you are an "expert" or "licensed" in any mortgage-related field - it simply means you've taken mortgage-related training.
We employ the latest in technology advancements, offering students comprehensive mortgage loan training and job placement resources, and are not owned, operated or affiliated with HUD, FHA, or the Federal Government in any way. And though we offer job search resources, we do not guarantee you will find a job or provide job placement assistance.
Job Search Resources
Upon request, we can provide you with Job Search Resources which are simply considered a value added benefit of purchasing a CampusMortgage training course. The Job Search Resources will be emailed to you as a PDF file, and contain various links to help in your job search process. These links include: mortgage industry networking sites, job posting sites, resume builder sites and more.
No refunds or credits will be issued if a student and/or customer has logged into any online webinar course or has requested a Certificate of Completion for the purchased course. If a student and/or customer has not logged into an online webinar course or has not requested a Certificate of Completion, the customer is entitled to a full refund, minus a $75 administrative cancellation fee, provided a refund request is received in writing or via e-mail by CampusMortgage within (5) calendar days from the date of purchase.
Take the first step to becoming an FHA mortgage underwriter, processor, or originator by completing one of our online training classes today!
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|Keywords For This Course:|
calculating income, mortgage lending formulas, LTV, DTI, ltv online, dti courses, dti classes