Direct link to YouTube video: https://www.youtube.com/watch?feature=player_embedded&v=yQw1q9Mrtzw
Direct Download: http://downloads.mortgagecoach.com/training/21.zip
This video details the data entry for an 80/10/10 purchase scenario in EDGE and uses a HELOC for the 2nd lien. In this video you will learn:
1) How to enter the first lien correctly so it represents 80% LTV.
2) How to enter the 2nd lien correctly so that it represents 10% LTV
3) How to structure a 2nd lien as a HELOC.
4) How to modify future adjustments for the HELOC