This class is provided by CampusMortgage®. This instructor-led 3-hour online training webinar is designed for new mortgage loan processors as well as existing loan processors who never received formal loan processing training or perhaps developed bad habits. 

Mortgage loan processors are in powerful demand these days, and the income is excellent! Lucrative positions exist in mortgage, retail and consumer loan fields, and the promotional potential is great. Loan Processor 101 - "The Basics" is an in-depth study of conventional loan calculation and requirements. It provides intensive loan processing training in the basics of residential mortgage application, title, appraisal, credit reports and much more.  

COURSE OUTLINE:

• Disclosures
• Overview
• Mortgage Terminology
• LTV, CLTV, HCLTV
• DTI
• Cash to Close
• Loan Cycle
• Processor Duties
• Loan Documentation
• Needed Disclosures and Forms
• Truth in Lending/TRID
• The Loan Estimate
• The Credit Report
• Automated Underwriting System
• Verifications
• Form Samples
• Practice Quiz

Price - $495.00  Sale - $395.00

Course Instructor: Various Trainers