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Verification of Deposit (VOD) ~ E3

Course Description

Verifications of deposit, or VODs, are a common form of verification used to confirm that applicants have the funds they claim to possess. This course will explore VODs and how they are used in the mortgage lending process. What You'll Learn: Define what a VOD is Cases in which a verification of deposit must be used Information collected on a VOD
20 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: E3

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