Radian On Air

Payment Shock - Unlocking Loan Solutions with Radian

Radian National Training

This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.


In this episode, we explore the concept of payment shock, its impact on loan reviews, and how it can be mitigated. We discuss:

  • Understanding payment shock in mortgage transactions
  • GSEs' guidelines on payment shock
  • Real-life scenarios illustrating payment shock
  • Strategies to mitigate payment shock
  • Importance of borrower education and suitable mortgage products in managing payment shock


Resources


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