With higher interest rates, credit union professionals can get reacquainted with ARM loans at an upcoming webinar. The webinar will focus on helping attendees to prepare to educate homebuyers and answer their questions about ARMs with confidence.
MGIC, which partners with CUNA Mutual Group to provide private mortgage insurance to credit unions, is hosting the webinar, “CUs Pivot to ARMs in 2022: What You Need to Know,” at 2 p.m. on Wednesday, July 20. The 45-minute ARM refresher will cover:
- ARM basics;
- ARM qualification standards;
- product comparisons;
- agency guidelines and pricing; and
- borrower considerations.
The event will feature speaker Sandra Sweeney of MGIC, a mortgage industry veteran with over 35 years of industry experience, including roles in operations, loan origination, underwriting and management.