The Originator Connect annual conference returns to the heart of the Las Vegas Strip, at the Planet Hollywood Resort & Casino from August 17-20. Be part of the nation’s largest and most innovative mortgage conference focused solely on the origination community. This three-day weekend event will help motivate, drive business, energize, and educate in new ways that will propel your sales goals to new heights. This jam-packed weekend event is FREE when you use our code: SHARESTATESFREE.
Don’t miss Sharestates’ EVP of Sales, Michael Ramin at the Private Lender Forum on August 17th. You can register here for free using code: OCNFREE. Michael will speak on the following panels:
Michael will discuss the current state of the sector (retail, wholesale, and correspondent) and what the future looks like.
Private lending is expected to grow in 2024, where is that growth going to come from? What are some common misconceptions about private lending? And why are so many lenders getting into this space? Finally, how have the changes in the Agency space impacted private lending?
Which borrowers does private lending best serve? What programs are available to borrowers?
Underwriting, Pre-Qualification Procedures, Calculating Bank Statement Income & Ability to Pay
- Ability vs. willingness to pay
- What kind of scenarios do you look for when evaluating the ability to pay?
- Assessing product suitability
- Jumbos vs. super jumbos
- What is the “not-so-secret sauce?”
- Where is the risk?
- Alternative methods of income validation
- What should you look for in an underwriting system?
- What kind of documentation do you use?