Description
The Processing and Underwriting Credit course provides students with a foundational knowledge of processing and underwriting credit. The credit report is one of the most essential factors needed to qualify borrowers for loan products, as there are many elements that can affect borrower eligibility and loan quality. Credit reports are packed with information key to qualifying borrowers for loan products. This course will help you unravel that wealth of information contained in credit reports, while also providing a methodology for reconciling credit and handling credit problems that may be uncovered in your analysis.
After completing this course, students will be able to:
• Review information contained in a credit report more effectively
• Recognize the characteristics of a credit report
• Gain an effective methodology for reconciling the information within a credit report
• Gain an effective methodology for handling credit problems
• Distinguish how to handle identity and fraud alerts
• Identify the characteristics of nontraditional credit
• Differentiate the factors of credit risk analysis