Module VAL01
Valuation Report Analysis
Interpret a valuation report, read risk ratings and essential repairs, and apply the figure to the loan amount.
A valuation can change a deal's structure, and support staff are often the first to see the report. This session covers why lenders require valuations, the different valuation types and when each applies, and how to read risk ratings, essential repairs and property suitability. You finish able to order the right valuation and apply it to the final loan calculation.
What you will be able to do
- ✓ Explain why lenders require valuations
- ✓ Choose the right valuation type for the situation
- ✓ Interpret risk ratings, essential repairs and suitability
- ✓ Apply a valuation to the final loan amount
Format
- ✓ One live session of two hours, on Zoom, camera on
- ✓ A small group, so there is room for real questions on real files
- ✓ 2 CPD points for brokers, recognised by MFAA and FBAA
- ✓ A free re-sit for six months if you want to revisit it
Part of these tracks
This module is included in these course tracks, or you can take it on its own.
- Admin Loan Processor 5 modules
- Loan Processor 8 modules
- Loan Packager & Credit 12 modules
In their own words
What past students say
“The result since we completed the training has been improved – we’re getting one to 2 touch formal approvals now, our servicing calculators are now more accurate…This training is not just for brokers who have been in the industry for a long time but also for brand-new brokers or support staff. The knowledge that Amanda imparted and the way she delivered the content was impeccable. We were very impressed.”
Tegan Saleh Operations Manager @ Complete Finance Management “I completed the [Self Employed] training with Amanda and I feel like it’s filled all those gaps…I found the training covered all those little niches and gave a very good general broad overview of everything you need to know. Feeling very confident to write an application after the training.”
Lawson Puho Mortgage Broker