“Qualified mortgages” are common, but few bankers actually understand what a qualified mortgage is. In this webinar, we’ll explain the legal source of the qualified-mortgage rules (they stem from the Ability to Repay rule), discuss the different qualified-mortgage options (there are four different types), and walk through the requirements of each option. In addition, we’ll point out the advantages of choosing a qualified mortgage over the usual ability-to-repay rules.
