Verification of Rent (VOR) ~ E3
Course Description
A verification of rent, or VOR, is a form used within the mortgage industry as a means to obtain borrower rental payment history. This course will review rental payment verification and its role in the mortgage lending process.
What You'll Learn:
Explain the circumstances in which a verification of rent may be used
Define important guidelines as they relate to verification of rent
Describe the role of verification of rent in borrower qualification
15 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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