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> Loan Officer Course Description
Loan
Officer Training 101 - "Everything From A to Z"
Only $595
$495
Click for Corporate Discounts!
Mortgage
brokers, loan officers and loan originators are in powerful demand
these days, and the income is excellent! You can work in mortgage,
retail and consumer loan fields, and the promotional potential is
great.
Take
the first step to becoming a mortgage loan originator by
completing our class: Loan
Officer Training 101 - "Everything From A to Z".
Course
Description
Loan Officer Training 101 is an in-depth study of conventional loan
calculation & requirements. It provides intensive mortgage
origination training in the basics of residential mortgage application,
title, appraisal and credit reports.
This course will teach you
the following:
-
How to Properly Calculate
Loan Amounts
-
How to Figure Monthly
Mortgage Payments
-
How to Factor Property Taxes
and Hazard Insurance
-
How to Qualify Ratios
-
How to Accurately Calculate
Income
-
And Much More!
You’ll also learn
what a Loan Officer's job entails, important loan terminology,
facets of the loan applications, how to read credit reports; about
public policy and disclosures; the standard loan process and the more
detailed mortgage loan process; you will be walked through the steps
involved in processing loans; gain exposure to several software
programs used in loan origination; how to review and assemble a loan
package; how to conduct VOD's, VOE's and other necessary verifications;
how to troubleshoot underwriting "hot spots"; discover resources to get
you started on your path to becoming a mortgage broker; and you will
apply what you learned in the course by doing a practical scoring
exercise.
This course also features a fully “hands-on” case
study review of a sample loan file -- providing a solid foundation and
understanding from which to begin a career as a Loan Officer. Each
student who successfully completes the course will also be awarded a
Certificate of Completion.
Course
Pre-requisites Include:
-
Some exposure to the general
business environment.
-
An interest in residential
loan origination.
-
A general interest in finance.
Course Goals
Our
innovative online training platform has been strategically developed to
provide cutting-edge programs that allow our students the flexibility
necessary to evolve with the changing and growing needs of the mortgage
loan origination industry.
-
To teach you loan origination
essentials.
-
To provide a solid overview
of what Loan Officers do.
Course
Materials
All course materials are provided by our instructor. Therefore, you are
not
required to purchase any course materials; nor, read any course
materials outside of the mortgage broker training class.
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