https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/Wed, 12 Nov 2025 00:48:22 +0000en-USSite-Server v@build.version@ (http://www.squarespace.com)FREE "Ask the Instructor" Mortgage Training Videos

]]>Officer ManagerWed, 12 Nov 2025 00:49:13 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/11/11/the-borrower-applies-for-a-usda-loan-with-proposed-ratios-of-32-housing-and-45-total-debt-slightly-above-usda-standard-limits-how-does-the-underwriter-proceed55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:6913d9566fc15d1214c1b638The borrower applies for a USDA loan with proposed ratios of 32% housing and 45% total debt, slightly above USDA standard limits. How does the underwriter proceed?]]>The borrower applies for a USDA loan with proposed ratios of 32% housing and 45% total debt, slightly above USDA standard limits. How does the underwriter proceed?Officer ManagerWed, 12 Nov 2025 00:48:02 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/11/11/the-borrower-applies-for-an-fha-loan-after-switching-from-retail-management-to-pharmaceutical-sales-six-months-ago-earning-more-but-lacking-two-years-in-the-field-how-does-the-underwriter55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:6913d8f48cd23234cc63588eThe borrower applies for an FHA loan after switching from retail management to pharmaceutical sales six months ago, earning more but lacking two years in the field. How does the underwriter assess this?]]>The borrower applies for an FHA loan after switching from retail management to pharmaceutical sales six months ago, earning more but lacking two years in the field. How does the underwriter....Officer ManagerWed, 12 Nov 2025 00:46:18 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/11/11/the-borrower-applies-for-an-fha-loan-after-two-30-day-late-mortgage-payments-within-10-months-caused-by-job-loss-but-has-since-regained-employment-and-made-six-on-time-payments-how-does55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:6913d8a31877fe26458c1d96The borrower applies for an FHA loan after two 30-day late mortgage payments within 10 months caused by job loss but has since regained employment and made six on-time payments. How does the underwriter handle this?]]>The borrower applies for an FHA loan after two 30-day late mortgage payments within 10 months caused by job loss but has since regained employment and made six on-time payments. How does....Officer ManagerWed, 12 Nov 2025 00:45:08 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/11/11/the-borrower-applies-for-a-fannie-mae-loan-with-her-spouse-and-brother-who-will-occupy-the-home-their-credit-and-income-levels-differ-how-is-this-loan-reviewed55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:6913d8699e67dc4a0e8488a4The borrower applies for a Fannie Mae loan with her spouse and brother, who will occupy the home. Their credit and income levels differ. How is this loan reviewed?]]>The borrower applies for a Fannie Mae loan with her spouse and brother, who will occupy the home. Their credit and income levels differ. How is this loan reviewed?Officer ManagerWed, 12 Nov 2025 00:44:14 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/11/11/the-subject-property-includes-a-detached-guesthouse-and-workshop-in-good-condition-but-the-appraiser-questions-their-contributory-value-how-does-the-underwriter-assess-this-for-an-fha-loan55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:6913d831f4c7fb636fb04b68The subject property includes a detached guesthouse and workshop in good condition, but the appraiser questions their contributory value. How does the underwriter assess this for an FHA loan?]]>The subject property includes a detached guesthouse and workshop in good condition, but the appraiser questions their contributory value. How does the underwriter assess this for an FHA loan?Officer ManagerTue, 28 Oct 2025 23:17:22 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/28/the-borrower-applies-for-a-freddie-mac-loan-and-receives-2000-per-month-in-social-security-disability-income-that-is-non-taxable-how-does-the-underwriter-determine-how-to-treat-this-income55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:69014ed53daa9d5b83012277The borrower applies for a Freddie Mac loan and receives $2,000 per month in Social Security disability income that is non-taxable. How does the underwriter determine how to treat this income for qualification?]]>The borrower applies for a Freddie Mac loan and receives $2,000 per month in Social Security disability income that is non-taxable. How does the underwriter determine how to treat this income....Officer ManagerTue, 28 Oct 2025 23:14:17 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/28/the-borrower-applies-for-an-fha-loan-and-assumes-it-includes-private-mortgage-insurance-or-pmi-like-a-conventional-loan-how-does-the-underwriter-address-this-misunderstanding55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:69014e201cb3215f7ee1fae4The borrower applies for an FHA loan and assumes it includes Private Mortgage Insurance or PMI like a conventional loan. How does the underwriter address this misunderstanding?]]>The borrower applies for an FHA loan and assumes it includes Private Mortgage Insurance or PMI like a conventional loan. How does the underwriter address this misunderstanding?Officer ManagerTue, 28 Oct 2025 23:13:24 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/28/the-borrower-applies-for-an-fha-loan-to-purchase-a-home-on-a-private-road-shared-by-four-owners-the-appraiser-notes-owner-maintenance-but-no-recorded-agreement-how-does-the-underwriter-handle-this55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:69014de11bcfd42d83156fe0The borrower applies for an FHA loan to purchase a home on a private road shared by four owners. The appraiser notes owner maintenance but no recorded agreement. How does the underwriter handle this?]]>The borrower applies for an FHA loan to purchase a home on a private road shared by four owners. The appraiser notes owner maintenance but no recorded agreement. How does the underwriter handle this?Officer ManagerTue, 28 Oct 2025 23:12:15 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/28/the-borrower-applies-for-a-fannie-mae-loan-and-deposits-25000-of-cash-savings-from-home-into-their-account-for-the-down-payment-how-does-the-underwriter-handle-this55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:69014da7a4623c058502af69The borrower applies for a Fannie Mae loan and deposits $25,000 of cash savings from home into their account for the down payment. How does the underwriter handle this?]]>The borrower applies for a Fannie Mae loan and deposits $25,000 of cash savings from home into their account for the down payment. How does the underwriter handle this?Officer ManagerTue, 28 Oct 2025 23:11:16 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/28/the-borrower-applies-for-an-fha-loan-with-a-975-loan-to-value-ratio-a-645-credit-score-and-a-debt-to-income-ratio-near-the-program-limit-how-does-the-underwriter-evaluate-this-scenario55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:69014d5a401b600ebf88c986The borrower applies for an FHA loan with a 97.5% loan-to-value ratio, a 645 credit score, and a debt-to-income ratio near the program limit. How does the underwriter evaluate this scenario?]]>The borrower applies for an FHA loan with a 97.5% loan-to-value ratio, a 645 credit score, and a debt-to-income ratio near the program limit. How does the underwriter evaluate this scenario?Officer ManagerWed, 15 Oct 2025 00:20:32 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/14/the-borrower-applies-for-an-fha-loan-and-plans-to-qualify-using-social-security-disability-income-ssdi-how-is-this-income-documented-and-assessed55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68eee898334dbb4916d64f3bThe borrower applies for an FHA loan and plans to qualify using Social Security disability income (SSDI). How is this income documented and assessed?]]>The borrower applies for an FHA loan and plans to qualify using Social Security disability income (SSDI). How is this income documented and assessed?Officer ManagerWed, 15 Oct 2025 00:19:24 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/14/the-borrower-applies-for-an-fha-loan-on-a-home-with-rooftop-solar-installed-two-years-ago-under-a-third-party-lease-how-are-leased-or-financed-solar-systems-treated-for-eligibility-and-ratios55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68eee85456a6ee411f9deccbThe borrower applies for an FHA loan on a home with rooftop solar installed two years ago under a third-party lease. How are leased or financed solar systems treated for eligibility and ratios?]]>The borrower applies for an FHA loan on a home with rooftop solar installed two years ago under a third-party lease. How are leased or financed solar systems treated for eligibility and ratios?Officer ManagerWed, 15 Oct 2025 00:16:46 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/14/the-borrower-applies-for-a-fannie-mae-loan-on-a-home-next-to-a-former-dry-cleaner-site-with-documented-soil-contamination-and-located-in-a-fema-special-flood-hazard-area-how-is-eligibility55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68eee7be47509b30631fa4d1The borrower applies for a Fannie Mae loan on a home next to a former dry-cleaner site with documented soil contamination and located in a FEMA Special Flood Hazard Area. How is eligibility determined?]]>The borrower applies for a Fannie Mae loan on a home next to a former dry-cleaner site with documented soil contamination and located in a FEMA Special Flood Hazard Area. How is eligibility....Officer ManagerWed, 15 Oct 2025 00:15:46 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/14/the-borrower-applies-for-a-va-loan-with-a-2-1-temporary-buydown-funded-by-the-seller-what-must-underwriting-confirm-regarding-qualification-rate-concessions-and-buydown-custodial-funds55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68eee78349e4231a114487e5The borrower applies for a VA loan with a 2-1 temporary buydown funded by the seller. What must underwriting confirm regarding qualification rate, concessions, and buydown custodial funds?]]>The borrower applies for a VA loan with a 2-1 temporary buydown funded by the seller. What must underwriting confirm regarding qualification rate, concessions, and buydown custodial funds?Officer ManagerWed, 15 Oct 2025 00:14:34 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/10/14/the-borrower-applies-for-an-fha-loan-after-a-four-month-layoff-and-started-a-new-job-eight-weeks-ago-in-the-same-field-how-is-this-temporary-gap-treated-for-qualification55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68eee704cd68963bb60e3a6eThe borrower applies for an FHA loan after a four-month layoff and started a new job eight weeks ago in the same field. How is this temporary gap treated for qualification?]]>The borrower applies for an FHA loan after a four-month layoff and started a new job eight weeks ago in the same field. How is this temporary gap treated for qualification?Officer ManagerTue, 30 Sep 2025 23:42:58 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/9/30/the-borrower-applies-for-an-fha-loan-while-working-overseas-for-a-us-based-company-his-salary-is-paid-in-foreign-currency-but-deposited-into-a-us-bank-account-how-do-underwriters-assess55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68dc6ad374790f6d768a9342The borrower applies for an FHA loan while working overseas for a U.S.-based company. His salary is paid in foreign currency but deposited into a U.S. bank account. How do underwriters assess his foreign income under FHA rules?]]>The borrower applies for an FHA loan while working overseas for a U.S.-based company. His salary is paid in foreign currency but deposited into a U.S. bank account. How do underwriters assess....Officer ManagerTue, 30 Sep 2025 23:41:48 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/9/30/the-appraisal-on-the-subject-property-notes-unusually-high-landscaping-costs-including-retaining-walls-and-irrigation-systems-which-push-the-property-value-higher-than-comparable-homes55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68dc6a685dd5ea654087c45dThe appraisal on the subject property notes unusually high landscaping costs, including retaining walls and irrigation systems, which push the property value higher than comparable homes. How do underwriters evaluate this scenario under USDA guidelines?]]>The appraisal on the subject property notes unusually high landscaping costs, including retaining walls and irrigation systems, which push the property value higher than comparable homes....Officer ManagerTue, 30 Sep 2025 23:38:30 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/9/30/the-borrower-has-no-traditional-employer-and-earns-most-of-her-income-from-rideshare-driving-and-food-delivery-platforms-how-do-underwriters-assess-her-gig-economy-income-under-fha-guidelines55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68dc69c447fd6a437ed81ef0The borrower has no traditional employer and earns most of her income from rideshare driving and food delivery platforms. How do underwriters assess her gig economy income under FHA guidelines?]]>The borrower has no traditional employer and earns most of her income from rideshare driving and food delivery platforms. How do underwriters assess her gig economy income under FHA guidelines?Officer ManagerTue, 30 Sep 2025 23:37:30 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/9/30/the-borrower-applies-for-an-fha-loan-after-receiving-a-recent-promotion-to-a-higher-paying-position-with-the-same-employer-how-do-underwriters-evaluate-this-situation55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68dc697c0152511626cf3e45The borrower applies for an FHA loan after receiving a recent promotion to a higher-paying position with the same employer. How do underwriters evaluate this situation?]]>The borrower applies for an FHA loan after receiving a recent promotion to a higher-paying position with the same employer. How do underwriters evaluate this situation?Officer ManagerTue, 30 Sep 2025 23:35:49 +0000https://www.mortgage-underwriters.org/free-ask-the-instructor-mortgage-training-classes/2025/9/30/the-borrower-applies-for-a-fannie-mae-loan-to-purchase-a-condominium-in-a-development-where-residents-share-amenities-such-as-a-rooftop-deck-community-garden-and-parking-garage-how-do55102289e4b0299913bf01dd:618546dad688c137ce7b63cd:68dc692174790f6d768a4e8bThe borrower applies for a Fannie Mae loan to purchase a condominium in a development where residents share amenities such as a rooftop deck, community garden, and parking garage. How do underwriters evaluate this loan?]]>The borrower applies for a Fannie Mae loan to purchase a condominium in a development where residents share amenities such as a rooftop deck, community garden, and parking garage. How do....