Completing Sections 4 & 5 of the URLA
Course Description
Sections 4 and 5 provide important insights to the lender as it relates to the subject property and borrower finances. Mortgage professionals who understand why this information is important can assist borrowers in properly completing the application and understand any needed documentation to explain unique or specific circumstances. This course will provide participants insights and guidance on these sections of the URLA.
What You'll Learn:
· Complete sections 4 & 5 with accuracy and competency
· Consider unique borrower circumstances that may require additional consideration
· Explain situations that might require more information based on what is added to the URLA in
sections 4 & 5
20 Minutes
Series: Mortgage 101
Roles: Asset Management, Board of Directors, Commercial, Compliance - External Audit, Compliance - Internal Audit, Human Resources, Mortgage Professionals, Operations & IT, Retail, Wholesale Banking
Course Format: Online Self-Paced
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