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Loanbeam Training

Learn more about how to use Loanbeam’s various technologies.

Training Events

Dashboard File Prep for Loanbeam: Uploads & Downloads

Objectives:

  • Navigate Loanbeam’s Dashboard
  • Upload tax returns to Loanbeam
  • Classify and resolve missing document notifications
  • Navigate Loanbeam’s Help Desk

Recommended Audience:

  • Anyone who prepares files for underwriting (e.g Loan Officer, LOA, Processor)

Loanbeam 101: Workbook Fundamentals & Basic Functionality

Objectives:

  • Assess Qualifying Income using the Loanbeam Workbook
  • Demonstrate an ability to adjust Qualifying Income using Loanbeam’s basic functions
  • Understand Loanbeam concepts such as repeated groups, manual overrides, calculation methods, and “X to exclude/include” functionality
  • Recognize the differences between QI templates (1084 vs. 91 vs. SAM)

Recommended Audience:

  • Anyone who assesses a borrower’s general Qualifying Income (e.g., Processor, Jr. UW, UW)

Loanbeam 201: Advanced Workbook Scenarios & Troubleshooting

Prerequisite:

  • Loanbeam 101: Workbook Fundamentals & Basic Functionality

Objectives:

  • Identify issues related to non-borrower income documents
  • Demonstrate an ability to combine split repeated groups
  • Compare the Distribution Method vs. Net Business Income
  • Interpret a business’s liquidity/solvency using Quick Ratio and Current Ratio
  • Reconcile business entity changes (e.g. Sole Proprietorship to LLC)

Recommended Audience:

  • Anyone who finalizes Qualifying Income for a borrower

    (e.g., Processor, Jr. UW, UW)

Encompass File Prep for Loanbeam: Uploads & Downloads

Objectives:

  • Navigate the Encompass Interface
  • Upload tax returns to Loanbeam
  • Classify and resolve missing document notifications
  • Navigate Loanbeam’s Help Desk

Recommended Audience:

  • Anyone who prepares files for underwriting (e.g Loan Officer, LOA, Processor)

Rep & Warranty: Freddie Mac

Objectives:

  • Identify key elements within the Freddie Mac Form 91 Excel Workbook
  • Submit for Rep & Warrant relief via Loanbeam’s web-based dashboard and/or Encompass integration
  • Interpret Rep & Warrant results from Freddie Mac
  • Access Freddie Mac & Loanbeam Help and Training Resources

Rep & Warranty: Fannie Mae

Objectives:

  • Identify the R&W amount from the Fannie Mae SEI 1084 Excel workbook
  • Edit the FNMA SEI 1084 workbook without voiding R&W
  • Submit the Rep & Warrant amount via Desktop Underwriter using Special Feature Code 777
  • Access Fannie Mae & Loanbeam Help and Training Resources

Downloadable Resources

Loanbeam Workbook User Guide

Dashboard User Guide

Dashboard Quick Reference

Dashboard Admin Quick Reference

Encompass User Guide

Encompass Quick Reference

Encompass Admin Guide

Empower User Guide

Empower Admin Guide
Uploading Best Practices
Uploading Best Practices

APPSolute Wage User Guide