COMBO : Loan Processing 101 and Advanced Processing

$775.00

This class is provided by CampusMortgage®. These two instructor-led 3-hour online training webinars are designed for individuals wishing to learn how to become a mortgage loan processor, from A to Z. The basic course provides an in-depth study of conventional loan calculations and requirements. It provides intensive loan processing training in the basics of the residential mortgage application, title, appraisal, credit reports, and much more. The advanced course provides an in-depth understanding of mortgage loan processing from both a loan processor and underwriter’s point of view. Through a variety of loan scenarios, you’ll receive hands-on experience analyzing mortgage loan applications, allowing you to learn first-hand how understanding the basics of mortgage processing and supporting technology will increase your confidence and hone your decision-making skills as an effective mortgage processor. Experienced loan processors will receive an essential refresher and see how other experienced loan processors are handling their analysis. 

Upon completion, students will be able to: apply best practices to processing decisions, use methods and expertise needed to evaluate mortgage files, analyze stipulations from the underwriter, prevent red-flagging, analyze & accurately review appraisals. Also covered in this course: understanding underwriter conditions, how outside vendors such as appraisers and mortgage insurance companies fit into the overall mortgage loan approval process. 

Price - $775.00 (sale)

Course Instructor: Various Trainers