New Lender Training – Part 3 | Credit & Ratio Analysis Explained скачать в хорошем качестве

New Lender Training – Part 3 | Credit & Ratio Analysis Explained

Welcome to Part 3 of the USDA New Lender Training Series for the Single Family Housing Guaranteed Loan Program. In this session, recorded in Feburary 2026, we dive into two critical components of loan eligibility: Credit Analysis and Ratio Analysis. Whether you’re a new lender or looking to refresh your knowledge, this training will help you understand how to evaluate creditworthiness, handle adverse credit situations, and calculate debt ratios accurately. ✅ What You Will Learn How to determine credit eligibility for USDA guaranteed loans. The difference between traditional and non-traditional credit and how to document each. How to handle adverse credit issues like delinquent taxes, federal debt, and child support. When and how to apply credit exceptions and what lenders cannot waive. How to calculate PITI and Total Debt ratios and understand their thresholds. Requirements for debt ratio waivers and acceptable compensating factors. ✅ Why This Training Matters Credit and ratio analysis are essential for ensuring compliance with USDA guidelines and making sound lending decisions. By mastering these concepts, lenders can: Reduce risk and improve loan quality. Ensure borrowers meet program requirements. Navigate complex underwriting scenarios confidently. Support successful homeownership for rural families. 📌 Next Steps: After completing all five parts of the training, you’ll be ready to take the required knowledge quiz provided by USDA to your organization’s point of contact. USDA Eligibility Site: https://eligibility.sc.egov.usda.gov/... USDA Rural Development: www.rd.usda.gov Stay Connected: USDA is an equal opportunity provider, employer, and lender. ✅ Chapters 00:00 Introduction – Overview of Part 3 and Training Requirements 00:43 Credit Analysis – Lender Responsibilities & Compliance 01:25 Credit Score Validation – GUS Recommendations & Tradeline Rules 02:45 Non-Traditional Credit – Alternative Sources & Documentation 04:40 Addressing Significant Adverse Credit – Taxes, Federal Debt, Child Support 07:35 Credit Exceptions – When Required, When Not, and Lender Flexibility 11:26 Collection Accounts & Recent Debts – Handling Liabilities Before Closing 15:31 Ratio Analysis – PITI, Total Debt Ratio & Key Calculations 17:19 Installment, Revolving, Student Loans & Co-Signed Obligations 24:15 Debt Ratio Waivers – Conditions, Compensating Factors & Refinance Rules 28:37 Conclusion – Key Takeaways & Next Steps USDA is an equal opportunity provider, employer, and lender.