About This Training

You’ve collected two months of asset statements — now it’s time to understand what you’re looking at. In this training you’ll learn which assets are acceptable, how to review them accurately, and when additional documentation is required. We’ll cover how to identify large deposits, the difference between liquid and non-liquid assets, and how to spot the red flags that can hold up an approval.

You’ll also learn the rules around gift funds, seller concessions, and when assets can be used as income — so you know exactly how to evaluate a borrower’s funds with confidence.

What You’ll Learn

• Which assets are acceptable and which won’t be counted
• How to source and document a large deposit
• Liquid vs non-liquid assets, and how each affects the file
• The rules on gift funds and seller concessions
• When assets can be used as qualifying income

Who It’s For

Loan officers and processors who want to review asset documentation with confidence and catch problems before underwriting does.