Unlocking Loan Solutions with Radian

In this episode, we explore the topic of Restricted Stock Unit (RSU) income and how it may be used towards mortgage qualification. We delve into the definitions, guidelines, and calculation methods used by Fannie Mae and Freddie Mac for this increasingly common form of compensation. 

In this episode, we delve into the complex and often misunderstood topic of non-traditional credit history in mortgage loan underwriting. Non-traditional credit history refers to alternative forms of credit that can be used when traditional accounts like student loans, mortgages, credit cards, or automobile loans are not present. 

Join us in this episode as we delve into the topic of Foster Care Income. We'll explore how the GSEs, Fannie Mae and Freddie Mac, treat this income type, discuss guidelines around the history of income receipt, and review general documentation requirements. We'll also provide a couple of scenarios to aid your understanding of the use of this income.

In this episode, we explore the concept of parsonage income, also known as a housing allowance, and its impact on a mortgage loan application. This includes where parsonage income comes from, potential benefits of the income, GSE guidance, and scenarios. 

In this episode, we explore the subject of non-occupant borrowers in mortgage transactions. We'll discuss what GSE guidelines to consider when reviewing a loan with a non-occupant borrower, and how a non-occupant borrower may impact the loan decision.

Foreign income, while not commonly seen in mortgage transactions, can cause some confusion and lead to more questions. In this lesson, we will review what foreign income is and how you can prepare yourself for this scenario.

Did you know there are multiple types of trust income that can be submitted in a mortgage loan transaction? In this lesson, we will review the common types of trust income, how it may be used for qualification, and the documentation you will see.

The GSE's have very specific guidelines and language around a potential non-US citizen borrower.  In this lesson, we will review what a non-US citizen borrower is, different types of citizenship and residency, and how the GSE's view these scenarios.  

Payment shock can have an impact on a loan review. In this lesson, we will define payment shock, review agency guidelines surrounding this topic, discuss a few scenarios with payment shock, and identify ways for lenders to help mitigate this potential concern.

There is no true definition of a unique property, however their presence may cause questions and confusion within a mortgage loan file. In this lesson, we will review what is considered a unique property, examples of these types of homes, how the GSEs view them, and how they may impact a loan submission.

In this Unlocking Loan Solutions with Radian lesson, we will review the always-important Business Mileage Deductions. This lesson breaks down this important topic and explain how it may impact a loan. Watch the video, download the job aid and listen to the podcast.

In this Unlocking Loan Solutions with Radian lesson, we will dive into the Interested Party Contribution (IPC) and explain how it may impact a loan. Watch the video, download the job aid and listen to the podcast.

Welcome to Radian National Training's newest micro-learning series: Unlocking Loan Solutions with Radian. Check out the intro video or listen to the podcast to learn about this exciting new learning series from Radian National Training.