Training
Live Webinar Calendar
Reverse Mortgage Basics | |
 | Monday, September 9, 2024 at 12:00 PM PST Plaza Home Mortgage® makes reverse mortgages easy! Join our live session with Mark Reeve, VP of Plaza’s Reverse Mortgage Division, to learn more about our reverse loan products, streamlined origination process, compensation, and more. Get the real facts and debunk the myths about Reverse Mortgages from an expert with over 15 years of experience. Don't miss this opportunity! |
Analyzing Schedule E Rental Income | |
 | Monday, September 9, 2024 at 11:00 AM PST If you are newer to calculating rental income or a seasoned pro looking for a refresher, this session will provide you with a laser-focused review of rental income as it applies to mortgage approval. |
How to Use the Reverse Mortgage to Purchase a Home | |
 | Tuesday, September 10, 2024 at 12:00 PM PST Did you know that qualified borrowers may be able to use a reverse mortgage to purchase a home? It’s a great tool that many lenders don’t know they can leverage for a purchase. Join Mark Reeve, Plaza's VP, Reverse Mortgage Division, where he will share with you everything you need to know to help your clients use a Plaza Reverse Mortgage to purchase a home. |
Financial Planner's Guide to Reverse Mortgages | |
 | Wednesday, September 11, 2024 at 12:00 PM PST When planning for retirement, Reverse Mortgages can effectively add diversity and flexibility to a portfolio. This one-hour learning event aims to assist financial planners and loan professionals in gaining a better understanding of how Plaza’s Reverse Mortgage can serve as a crucial component of an overall retirement strategy, rather than just a last-resort loan. |
Getting Started with BREEZE as a New Plaza Client (Wholesale & Mini-Correspondent) | |
 | Wednesday, September 11, 2024 at 1:00 PM PST Join us for a demo of the Plaza Home Mortgage® Loan Origination System, BREEZE. This webinar will give you an overview of the system and guide you through the processes you will need to know as a Loan Officer or a Processor. |
DSCR 1 vs. DSCR 2: Unpacking the Differences and Choosing the Right Program (Correspondent) | |
 | Wednesday, September 11, 2024 at 11:00 AM PST Plaza Home Mortgage® offers not one, but two Debt Service Coverage Ratio (DSCR) programs that open doors for investors. In this webinar we plan to dive into the key differences and provide a feature breakdown between the DSCR Investor Solutions 1 and DSCR Investor Solutions 2 programs to assist in determining which program will best fit client needs. Don’t miss this informative session! |
How to Present a Reverse Mortgage: The "Kitchen Table" Approach | |
 | Thursday, September 12, 2024 at 12:00 PM PST Discover the hidden benefits and unique features of reverse mortgages that potential senior clients often misunderstand! Join our exclusive webinar designed to simplify and clarify everything for you. Learn how to effectively present loan benefits, risks, and figures to help borrowers grasp how a reverse mortgage works and its impact on their future home equity and ownership. Don’t miss this opportunity to empower your clients with knowledge and confidence! |
Business Tax Returns 101 | |
 | Friday, September 13, 2024 at 11:00 AM PST In this course, we will introduce the various business structures, the tax forms used to report business income and demonstrate how income flows from business to personal tax returns. |
Analyzing Self-Employed Borrowers 301 – Focusing on Corporations & Financial Statements | |
 | Monday, September 16, 2024 at 11:00 AM PST Heads up: This course assumes you are comfortable building income from tax returns. This intermediate session drills into business financials within files. |
Exploring Your Options with Plaza’s DSCR Investor Solutions Programs (Wholesale & Mini-Correspondent) | |
 | Tuesday, September 17, 2024 at 11:00 AM PST Do you have a borrower looking to expand their investment portfolio? Plaza Home Mortgage® offers two DSCR Investor Solutions programs to investors looking to purchase or refinance based on their rental property income. Our DSCR 1 and 2 options can help create more opportunities for residential real estate investors with less documentation than a traditional full-doc loan. |
Getting Started with BREEZE as a New Plaza Client (Wholesale & Mini-Correspondent) | |
 | Wednesday, September 18, 2024 at 1:00 PM PST Join us for a demo of the Plaza Home Mortgage® Loan Origination System, BREEZE. This webinar will give you an overview of the system and guide you through the processes you will need to know as a Loan Officer or a Processor. |
Getting Started with BREEZE as a New Plaza Client (Wholesale & Mini-Correspondent) | |
 | Wednesday, September 25, 2024 at 1:00 PM PST Join us for a demo of the Plaza Home Mortgage® Loan Origination System, BREEZE. This webinar will give you an overview of the system and guide you through the processes you will need to know as a Loan Officer or a Processor. |
Not Your Ordinary Assets | |
| Monday, October 7, 2024 at 11:00 AM PST Check out this webinar for an introduction to less common assets that can be used in a mortgage transaction. In this session you will learn the following: To evaluate the less common assets that may be used in the mortgage transactions including tax refunds, bridge loans, loans against life insurance policies and retirement funds. Industry and GSE document requirements. Where to focus on red flags and much more! |
What is the Reverse Mortgage LESA? | |
| Tuesday, October 8, 2024 at 11:00 AM PST This is not your favorite sister! LESA (Life Expectancy Set-Aside) is a tax and insurance impound account required when HECM borrower(s) do not meet minimum guidelines as it relates to Financial Assessment. This webinar will cover the HECM Financial Assessment guidelines and show examples of the LESA on the HECM loan. |
Business Tax Returns 201 | |
| Friday, October 11, 2024 at 11:00 AM PST In this course, we will dive into the fundamentals of self-employed borrower income calculation, including allowable add-backs and required deductions. We will also review the principles of Profit and Loss Statement requirements, Net Operating Loss carryover considerations and personal debts paid by the business. |
Analyzing Self-Employed Borrowers 303 – Using Rental Income from a Business-Owned Property | |
| Monday, October 21, 2024 at 11:00 AM PST Join us as we discuss using rental income from a property owned by your borrower’s business and what to do when your borrower is personally liable for the associated mortgage. In this 30-minute webinar, we will: Solve the mystery of why IRS Form 1065 is blank. Learn to analyze the business tax forms to calculate the rental income. Determine what steps to take to offset the mortgage in your borrower's name |
Not Your Ordinary Income | |
| Tuesday, November 5, 2024 at 11:00 AM PST Check out this introduction into more complex income types that can be used to qualify your borrower. In this session you will learn to: Understand the GSE requirements for documentation of Social Security, Child Support, Alimony, Military Income, Disability, and Retirement income. The importance of establishing stability, predictability and continuance of these complex income sources as they relate to the risk of the loan. Calculate and gross-up non-taxable income sources and much more! |
Business Tax Returns 301 | |
| Friday, November 8, 2024 at 11:00 AM PST In this course, we will focus on the unique considerations of Sole Proprietorships and Corporations. We’ll break down mileage depreciation and how to know if you can include an additional add-back (Schedule C), as well as review the different requirements for utilizing corporate cash flow. |
Analyzing Self-Employed Borrowers 401 – Overcoming Tough Challenges | |
| Monday, November 18, 2024 at 11:00 AM PST Calculating the qualifying income of a self-employed borrower is often challenging, but throw an extraordinary or unusual event into the mix, and it becomes daunting! Let us help you identify where to start, what additional documentation is needed and how to analyze income trends. Heads up: This course assumes you are comfortable building income from tax returns. |
Title Essentials | |
| Tuesday, December 3, 2024 at 11:00 AM PST Get acquainted with Title and what to expect during the Pre-Closing, Closing, and Post-Closing processes, including key steps involved in obtaining a Title. This course provides home buyers, borrowers, lenders, and professionals in the mortgage industry an overview of key Title essentials, and answers to Title-related questions. |
Business Tax Returns 302 | |
| Friday, December 13, 2024 at 11:00 AM PST Confused about K-1s? Want to gain a better understanding of earnings, distributions and liquidity analysis? This is the course for you! During this session, we will break down K-1s for both Partnerships and S Corporations and demonstrate how to calculate qualifying income. |
10 Questions to Ask Upon Review of a Sales Contract | |
| Monday, December 16, 2024 at 11:00 AM PST A thorough review of the sales contract is crucial for an accurate loan package. Learn how identifying critical data in this document early can be the key to avoiding much larger problems later. |