Training

View our Trainer bios.

Classroom Training

Classroom training is available. Please see our Designs for Learning® catalog for options.

Live Webinars

Webinars are listed below and in a printer-friendly format.

Class Schedule
In Central Time
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Special Event

5 Overlooked Opportunities in Today's Market

Who Should Attend:
Loan officers, managers, mortgage professionals

Format, Time Frame:
Live on e-Train, 30 minutes

Overview:
In any purchase market working with Realtors® and marketing to your database is fundamental to your success. Everyone tells you that, and you already knew it. What else? How about how to use consumers mind set to motivate fence-sitters into action? Turn Realtor perceptions into the reality that they should be doing business with you.

In this session you'll learn:

  • Recent market trends
  • 5 overlooked opportunities to use in your marketing efforts
  • How to help the 21% of young homebuyers with their goal to buy sooner
  • Ways MGIC can help you differentiate yourself from the competition

August 13 1:00 PM CT

Trainer: Vance Edwards

 

Register

Appraisal Training
Featuring the Uniform Appraisal Dataset (UAD) Requirements

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train, 2 hours
Classroom, 2 hours

Overview

In MGIC’s Residential Appraisal Review workshop, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what reports are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.

In this session, you will:

  • Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
  • Analyze the Market Conditions Addendum (1004MC/71)

This workshop provides the most up-to-date appraisal information and analytical tools, including:

  • Highlights of the Uniform Appraisal Dataset (UAD), effective September 1, 2011
  • A resource manual to keep at your desk as a handy reference after completing the training
  • An appraisal review checklist that helps identify potential cautionary items
  • Samples of other agency report forms

July 29 2:00 PM CT

Trainer: Beryl Johnson

August 5 10:30 AM CT

Trainer: Jeff Platfoot

Register

Evaluating Income and Assets

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train, 1.5 hours
Classroom, 2 hours

Overview

Evaluating income and assets are a critical part of making an informed underwriting decision:

  • Will the borrowers be able to make their new mortgage payment AND meet all of their other monthly obligations?
  • Do down payment and cash management skills support their commitment to the property and to repaying their mortgage?

After this webinar, you'll be able to answer these questions by knowing how to:

  • Identify various income sources
  • Know how to document and calculate income from several diverse sources
  • Understand the different asset categories
  • Know how to document and source assets

Please note: This class does not include evaluating self-employed borrowers. MGIC offers additional basic and advanced Self-Employed Borrower classes for AGI and SAM accounting methods.

July 30 2:00 PM CT

Trainer: Sheryl Yu

August 4 2:00 PM CT

Trainer: Sheryl Yu

August 27 10:30 AM CT

Trainer: Beryl Johnson

Register

Special Event

Fact, Fiction & FICOs®

Who Should Attend:
Originators, Managers

Format, Time Frame:
Live on e-Train, 30 minutes

Overview:

Everyone knows how important credit scores have become today, and yet there are still many who don't know some of the basics behind this very important number. Mortgage professionals have a chance to differentiate themselves with homebuyers and Realtors by helping them understand what goes into the score and how their action impact their ability to get credit in the future.

Join us for a brief half hour where we will look at:

  • What is in a FICO score and what is not
  • How consumer behavior affects FICO scores
  • Tips to improving one's FICO score
  • Affect of foreclosures or short sales on FICO scores and estimated time to rebuild one's credit score
  • What the younger generation of first-time homebuyers think they know about credit vs. what they really know

August 20 11:00 AM CT

Trainer: Vance Edwards

 

Register

MGIC MI Basics

Who Should Attend:

Processors, underwriters and loan officers new to the mortgage business or looking to refresh their knowledge about mortgage insurance

Format, Time Frame:

Live on e-Train, 1 hour
Classroom, 2 hours

Overview

In 1957, MGIC created private mortgage insurance to help make homeownership more affordable. Today, the mortgage industry offers more financing alternatives for high-LTV lending, yet MI remains one of the safest, most affordable options for both lenders and borrowers.

Join MGIC for this fundamental workshop, and get acquainted — or reacquainted — with the basics of mortgage insurance. You’ll learn to:

  • consider, compare and conclude which options are best for borrowers;
  • understand what MI is and how it works;
  • demystify some of the misunderstandings and misinformation surrounding MI; and
  • learn how to calculate MI rates based on popular premium plans.

August 12 2:00 PM CT

Trainer: Scott Meerstein

August 15 10:30 AM CT

Trainer: Zak Werth

Register

Self-Employed Borrowers — Basic (AGI Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower's personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower's financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

July 29 10:30 AM CT

Trainer: Beryl Johnson

August 5 2:00 PM CT

Trainer: Jeff Platfoot

Register

Self-Employed Borrowers — Basic (SAM Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

August 4 10:30 AM CT

Trainer: Sheryl Yu

Register

Self-Employed Borrowers — Advanced (AGI Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

July 30 10:30 AM CT

Trainer: Sheryl Yu

August 27 2:00 PM CT

Trainer: Beryl Johnson

Register

Self-Employed Borrowers — Advanced (SAM Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

August 18 2:00 PM CT

Trainer: Rebecca Chase

Register

Special Event

Understanding the Condo Appraisal

Who Should Attend:
Processors, underwriters, loan officers

Format, Time Frame:
Live on e-Train, 90 minutes

Overview:
In MGIC's Understanding the Condo Appraisal workshop, you will learn what property characteristics make a condo unique and what to consider when reviewing the Individual Condominium Unit Appraisal Report (1073/465).

In this session, you will:

  • Understand property characteristics unique to condos
  • Review key sections of the Individual Condominium Unit Appraisal Report (1073/465)
  • Understand common secondary market requirements and potential red flags

Note: It's recommended that you attend the Appraisal Training program prior to attending this session.

August 19 2:00 PM CT

Trainer: Rebecca Chase

 

Register

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Recorded Webinars

Class Recorded webinars

5 Overlooked Opportunities in Today's Market

Who Should Attend:
Loan officers, managers, mortgage professionals

Format, Time Frame:
Live on e-Train, 30 minutes

Overview:
In any purchase market working with Realtors® and marketing to your database is fundamental to your success. Everyone tells you that, and you already knew it. What else? How about how to use consumers mind set to motivate fence-sitters into action? Turn Realtor perceptions into the reality that they should be doing business with you.

In this session you'll learn:

  • Recent market trends
  • 5 overlooked opportunities to use in your marketing efforts
  • How to help the 21% of young homebuyers with their goal to buy sooner
  • Ways MGIC can help you differentiate yourself from the competition

33 minutes
Sign in

Appraisal Training

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train, 2 hours
Classroom, 2 hours

Overview

In MGIC’s Residential Appraisal Review workshop, you will get the tools you need to help build and strengthen your appraisal evaluation skills. The more familiar you become with typical secondary market guidelines, learn what reports are available, and develop a deeper understanding of certain cautionary items that help identify potential problems, the better you will be at evaluating an appraisal.

In this session, you will:

  • Analyze the Uniform Residential Appraisal Report (URAR 1004/70), including interior and exterior photos, location map and floor plan sketch
  • Analyze the Market Conditions Addendum (1004MC/71)

This workshop provides the most up-to-date appraisal information and analytical tools, including:

  • Highlights of the Uniform Appraisal Dataset (UAD), effective September 1, 2011
  • A resource manual to keep at your desk as a handy reference after completing the training
  • An appraisal review checklist that helps identify potential cautionary items
  • Samples of other agency report forms

1 hour 28 minutes
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Cracking the LinkedIn Code

Presented by Deborah Richmond, Tekkbuzz

Wednesday, March 6, 2013 11:00 am
54 Minutes

Who Should Attend:

Loan officers

Format, Time Frame:

Live on e-Train, 30 minutes

Overview

One of the most overlooked tools for business is LinkedIn. If you've been ignoring LinkedIn, it's time to take notice.

Learn how to:

  • Optimize your profile
  • Make connections
  • Join groups and stay active
  • Drive traffic to your website

54 minutes
Sign in

Evaluating Income and Assets.

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train, 1.5 hours

Overview

Evaluating income and assets are a critical part of making an informed underwriting decision:

  • Will the borrowers be able to make their new mortgage payment AND meet all of their other monthly obligations?
  • Do down payment and cash management skills support their commitment to the property and to repaying their mortgage?

After this webinar, you'll be able to answer these questions by knowing how to:

  • Identify various income sources
  • Know how to document and calculate income from several diverse sources
  • Understand the different asset categories
  • Know how to document and source assets

Please note: This class does not include evaluating self-employed borrowers. MGIC offers additional basic and advanced Self-Employed Borrower classes for AGI and SAM accounting methods.

1 hour 42 minutes
Sign in

Go! Win Realtors

Who Should Attend:

Loan officers

Format, Time Frame:

Live on e-Train, 30 minutes

Overview

You get it. Conventional with private MI is the better option for many borrowers. So how do you use those changes to differentiate yourself? To win business from Realtors®, builders and borrowers? Let MGIC help! Join us for a 30-minute webinar that will highlight:

  • Recent market trends
  • MGIC's streamlined underwriting Go! program
  • Why all industry changes are good for you when it comes to working with Realtors®
  • MGIC's expansive gift policy
  • How to present MI to Realtors®, builders and buyers
  • Marketing materials you can use with your referral partners

23 minutes
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MGIC MI Basics

Who Should Attend:

Processors, underwriters and loan officers new to the mortgage business or looking to refresh their knowledge about mortgage insurance

Format, Time Frame:

Live on e-Train, 1 hour
Classroom, 2 hours

Overview

In 1957, MGIC created private mortgage insurance to help make homeownership more affordable. Today, the mortgage industry offers more financing alternatives for high-LTV lending, yet MI remains one of the safest, most affordable options for both lenders and borrowers.

Join MGIC for this fundamental workshop, and get acquainted — or reacquainted — with the basics of mortgage insurance. You'll learn to:

  • consider, compare and conclude which options are best for borrowers;
  • understand what MI is and how it works;
  • demystify some of the misunderstandings and misinformation surrounding MI; and
  • learn how to calculate MI rates based on popular premium plans.

38 minutes
Sign in

Putting the Pieces Together: Processing Mortgage Apps

Who Should Attend:

Processors and loan officers with less than 3 years of experience in the mortgage business

Format, Time Frame:

Live on e-Train, 2 hours
Classroom, time varies

Overview

Our PTPT seminar incorporates a high level overview of the basic principles of processing and underwriting and helps you become comfortable with the fundamental skills required to effectively take and process a mortgage application. Join us for this insightful workshop, and you'll maximize your effectiveness and value to both your borrowers and your company.
You'll learn to:

  • logically gather data and documents;
  • understand the importance of a complete 1003;
  • understand risk layering;
  • evaluate The Four Cs — Credit, Capacity, Capital and Collateral — which help determine mortgage worthiness; and
  • ask the right questions to maximize your effectiveness and value to both your borrower and your company.

1 hour 48 minutes
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Self-Employed Borrowers — Basic (AGI Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

1 hour 52 minutes
Sign in

Self-Employed Borrowers — Basic (SAM Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Basic SAM or AGI, 1.5 hours
Classroom, 3 hours

Overview

Join MGIC for this comprehensive workshop that will take you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses, etc. will help you to develop a clearer picture of your self-employed borrower’s financial standing. In this workshop, you will learn to:

  • Review personal tax returns and schedules focusing on sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • Understand recurring vs. nonrecurring income and loss;
  • Analyze the partnership business returns (1065);
  • Increase efficiency in processing and underwriting SEB loan applications; and
  • Understand documentation requirements, acceptable income and underwriting criteria

1 hour 22 minutes
Sign in

Self-Employed Borrowers — Advanced (AGI Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

1 hour 57 minutes
Sign in

Self-Employed Borrowers — Advanced (SAM Method)

Who Should Attend:

Processors, underwriters, loan officers

Format, Time Frame:

Live on e-Train:
Advanced SAM or AGI, 2 hours
Classroom, 3 hours

Overview

This comprehensive workshop will help you dig deeper through business tax returns to develop a clearer picture of your self-employed borrower’s personal and business financial standing. This workshop will provide:

  • A high-level review of personal tax returns and schedules including sole proprietor (Schedule C); unreimbursed business expenses (2106); rental income properties and their losses and expenses, including noncash expenses (Schedule E) and partnership income (K-1);
  • An in-depth look at business tax returns for 1065 partnerships, 1120 S Corporations and the 1120 US Corporate returns;
  • Ways to increase efficiency in processing and underwriting SEB loan applications; and
  • A review of documentation requirements, acceptable income and underwriting criteria

Note: This course assumes an understanding of the basic fundamentals for analyzing tax returns such as recurring vs. nonrecurring income/loss; depreciation, noncash expenses, etc. and how they affect cashflow.

1 hour 12 minutes
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The Changing Market — How Appreciation and Cancellation Impact MI Premium Options

Who Should Attend:

Loan officers, managers, mortgage professionals

Format, Time Frame:

Live on e-Train, 30 minutes

Overview

Headlines have declared housing is back. Many markets have already seen tremendous appreciation, and many economists are forecasting steady growth. At the same time we've seen changes to FHA and conventional guidelines, along with the long-awaited QM rule. So what does that mean to you and your borrowers when determining whether to go conventional or FHA? Or when selecting which MI premium plan to use?

Join us for a 30-minute webinar where we will show you how recent industry changes can impact those decisions. In this webinar we'll examine:

  • Recent market trends
  • Latest FHA changes and MGIC's streamlined underwriting Go! program
  • How appreciation and cancellation impact high-LTV options
  • How to use current market changes to your advantage with Realtors, builders and borrowers
  • Ways MGIC can help you differentiate yourself from the competition

30 minutes
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Using Simple, Streamlined MI To Increase Your Business

Who Should Attend:

Loan officers, managers

Format, Time Frame:

Live on e-Train, 20 minutes

Overview

MGIC has significantly expanded and streamlined guidelines to provide the simplest way to get MI. Great news…but what does that really mean for you? How do you use these expanded guidelines to help you expand your business? Prevail in the purchase market? Capture attention of Realtors® and consumers?

Join us for a short 20-minute webinar where we will discuss and answer questions regarding:

  • MGIC's streamlined underwriting Go! program
  • MGIC's expansive gift policy
  • How recent industry and economic changes provide the perfect opportunities to stand out and win business
  • How to present your new expanded guidelines to your Realtor partners

20 minutes
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Tutorials for MGIC online tools

Recorded tutorial presentations are available to you to play at your convenience, at no charge. You may need to adjust your speaker volume.

Tutorials

MI origination tools

MI servicing tools

Default servicing tools

Claim servicing tools

  Length
Claims Pending Doc Request 4:25 min.

LOS/PPE/Doc Delivery tools

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