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RC_LP_U_200.3 Credit Review in Residential Underwriting
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011106-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

In addition to making certain that the credit score fits the product eligibility parameters, an underwriter needs to perform a thorough analysis of the credit report.

Credit Review in Residential Underwriting walks through the steps of analyzing the credit report:

  • Confirming the report information is complete and accurate.
  • Identifying all outstanding debts and monthly debt payment amounts.
  • Analyzing the credit history as a whole.
  • Determining the impact significant adverse credit events have on the risk of the loan file.
  • Documenting borrowers with nontraditional credit.

It is important to note that the concepts explained in this course are concepts that form the foundation for sound underwriting. When a loan is run through an automated underwriting system (AUS) such as Fannie Mae's Desktop Underwriter® or Freddie Mac's Loan Product Advisor®, some of the issues discussed in this course may be applied automatically.


  • Credit Report Requirements
  • Calculating Monthly Debt Payments
  • Credit Analysis
  • Derogatory and Adverse Credit
  • Nontraditional Credit

    Seat time approximately one (1) hour.

    Copyright 2017.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    RC_LP_U_200.3 Credit Review in Residential Underwriting 
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