Getting to Accept – Using Loan Product Advisor to Your Advantage

*This is a sponsored webinar. Please be advised your contact information will be shared with the sponsor.*

Reduce costs, improve efficiency and deliver a better borrower experience with Freddie Mac’s automated underwriting system (AUS) - Loan Product Advisor® (LPA®). Join us for part 1 of our webinar series on how to quickly view key results so you don’t miss an opportunity for your borrower.

When a loan receives a Caution risk class, loan originators may be unsure about how to proceed and might even consider it a hard stop. However, a Caution can be an opportunity, one that with more information about our purchase requirements, could turn into an Accept. In this webinar, loan originators will learn:

• How to use LPA ChoiceSM actionable caution feedback messages
• How LPA Choice messages use dynamic data points (debt-to-income ratio, loan-to-value ratios and reserves) to provide simple and clear direction
• How to use these messages to potentially turn Cautions into Accepts

Date/Time:

• Wednesday, June 25 (2:00 PM - 3:00 PM ET)

Objectives:

• Identify LPA Choice messages on the LPA Feedback Certificate and how to use them in understanding next steps
• Explore opportunities to restructure the loan and turn Cautions to Accepts
• Make faster, informed decisions about how to proceed

Experience Level:

• Entry Level
• Intermediate
• Advanced 

Target Audience:

• Loan Officers
• Loan Officer Assistants
• Branch and Regional Managers
• Heads of Production
• Corporate Trainers

Speaker(s):

• Susan Thoma, Learning Solutions Manager, Freddie Mac
• Patti Howard, Client Education Services Senior Trainer, Freddie Mac