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Origination Overview II5/24/2017Origination Overview II
Topics covered in this training:
1.
2.
3.
4. Mortgage Insurance
Automated Underwriting
Qualifying Ratio Definitions
MaventOrigination Overview
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How to fill out origination overview ii
01
To fill out the origination overview ii, follow these steps:
02
Start by providing the necessary information about the applicant, such as their name, contact details, and social security number.
03
Next, enter the details of the loan being applied for, including the loan amount, purpose, and requested terms.
04
Provide information about any collateral or assets that will be used to secure the loan, if applicable.
05
Include details about the applicant's employment history, income, and expenses to assess their financial stability and ability to repay the loan.
06
If there are any co-applicants or guarantors involved, provide their information as well.
07
Lastly, review the filled-out form for accuracy and completeness before submitting it for further processing.
Who needs origination overview ii?
01
Origination overview ii is needed by lenders and financial institutions when processing loan applications.
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