Mortgage Lending Loan Officer Training

Author: Kenney
Publisher: Eiram Publishing
ISBN: 1933039620
Size: 31.25 MB
Format: PDF, ePub, Mobi
View: 6598
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Congratulations on your decision to enter the mortgage-lending arena. Mortgage lending is one of the most secure, respected, and exciting career opportunities available. Each day will bring you challenges that you will overcome, the excitement of helping to create a loan program that meets the needs of both the borrower and the lender, and the satisfaction of helping each borrower achieve their dreams of home ownership. Home Mortgage Lending is an excellent career opportunity that provides stability, advancement, and a sense of satisfaction to the loan officer who obtains the knowledge and skills necessary to excel within the profession. The training contained in the course provides specific information concerning the loan process and the part you and others play in that process. The information we offer in this program provides you with the foundation that you need to become a well rounded mortgage professional. The top of your field, you will specialize in the overall picture. You will develop the perfect mix of knowledge and skills, add to it the creativity required when overcoming the specific issues that occur during the loan process, and begin on the path that will lead you to the top of your profession. Mortgage lending provides you with the career option that will make you one of the most highly respected professionals within your community. The skills that you will attain over the coming weeks will make you a commodity that is in high demand in the market. Research has shown that the most important attribute of a successful loan officer is the drive to succeed within their chosen profession. The drive to succeed surpasses educational degrees, experience and personal attributes. Purchasing this program shows that you have the initial drive needed to begin on the path toward career stability and success and the ability attain top-producer status. Mortgage Lending is perhaps one of the most satisfying career options available. You will perform the service of helping people to fulfill their dreams of home ownership. The industry is fast-paced, exciting and offers a stable opportunity to anyone willing to put forth the effort necessary to succeed. Each file you receive will contain a myriad of variations that will ensure every workday provides you with the challenge to perform at your best. The coursework builds the foundation that you will need in the coming days, months, and years. Upon successful completion of the coursework and an understanding of each review section, you will find that you are have a higher industry skill level then 90% of your competing loan officers.

Loan Officer S Practical Guide To Residential Finance 2016

Author: Thomas A. Morgan
Publisher: Createspace Independent Publishing Platform
ISBN: 9781535563338
Size: 74.72 MB
Format: PDF, Docs
View: 240
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This is the Updated 2016 Edition of the first book in the "Practical Guide" series for the mortgage industry. The July 2016 Version has been updated to meet the requirements of the TRID Rules, SAFE Act, CFPB, Dodd-Frank and many other changes. We have also made many of the changes recommended by Amazon readers and reviewers. With all of the changes in the industry, keeping this product up-to-date is a full time job. The book covers all of the vocational skills required of the loan originator, but also includes all Federal law, ethics, predatory lending and fraud components required by the Federal SAFE loan originator licensing Act of 2008. Published since 1992, and updated annually, this 390 page textbook was written as an answer to the "sink-or-swim" training methods of many mortgage firms. The format is designed to give the newly initiated loan officer/agent, lender, processor, or other initiate the practical information they need to do the loan officer's job. The reader learns how to understand rate and point quotes, how to use a financial calculator, how to make basic computations customers require, how to understand loan programs and compare product features. The student progresses through understanding loan specifications - Conventional Conforming, Jumbo, FHA/VA and Sub-Prime program guidelines - to a practical understanding of ratios, income, assets and closing costs, debts and credit history. This is then placed in the context of the loan application - how to collect all the required documents and disclosures and supervise a loan from application to closing. Beyond the basics, students learn how to finance various property types; condos, PUDs, new construction and investment property. A detailed chapter on refinancing addresses the issues which most often confront the loan officer in a period of heavy refinancing - 10 reasons to refinance. Finally, understanding how loans are made in the secondary market and the basics of interest rate quoting and behavior are covered. This product is submitted for approval for use in continuing education in all states which have, or are adopting, a requirement. Many companies use this product as a handout to prospective new loan officers. Many loan officers give this product to their referral sources to help educate them to the requirements of the industry.

Study Workbook For Isbn 978 1933039626 Mortgage Lending Loan Officer Training

Author: S. K. Kenney
Publisher:
ISBN: 9781933039572
Size: 66.23 MB
Format: PDF
View: 7391
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This companion study workbook for Kenney's Mortgage Lending Loan Officer Basic Training program helps to give you the tools that you need to master the material and gain the knowledge and skills essential to success within the field of mortgage lending. The study workbook contains a series of flash card study aids designed to assist you in retaining the core knowledge found within the coursework and a grouping of assessments that help you to gauge your mastery of each critical section of the materials.

Mortgage Loan Processing

Author: Alex Johnson
Publisher: Lulu.com
ISBN: 1435746961
Size: 75.49 MB
Format: PDF, Docs
View: 1242
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Today's Lesson: HOW TO EARN A GREAT INCOME processing Mortgage Loans. Learn and Earn a Nice Living that will last a life time. Easy Step-by-step Manual study guide with over 130 pages of training. This manual gives you the mortgage training you need to be professional.

Loan Officer Training

Author: Alex Johnson
Publisher: Lulu.com
ISBN: 0615177824
Size: 51.34 MB
Format: PDF, Docs
View: 5394
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Thinking about a career as a residential mortgage loan officer? Our Manual provides loan officer training and mortgage broker training for individuals at every level of the mortgage industry-from basic training for those just starting out

Mortgage Lending Home Mortgage Loan Processing

Author: Kenney
Publisher: Eiram Publishing
ISBN: 1933039353
Size: 21.48 MB
Format: PDF, ePub
View: 2694
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Mortgage lending is one of the most secure, respected, and exciting career opportunities available. Each day will bring you challenges that you will overcome, the excitement of helping to create a loan program that meets the needs of both the borrower and the lender, and the satisfaction of helping each borrower achieve their dreams of home ownership. Home Mortgage Loan Processing is an excellent career opportunity that provides stability, advancement, and a sense of satisfaction to each loan processor who obtains the knowledge and skills necessary to excel within the profession. The training contained in the course provides specific information concerning the loan process and the part you and others play in that process. The information we offer in this program provides you with the foundation that you need to become a well rounded mortgage professional. The top of your field, you will specialize in the overall picture. You will develop the perfect mix of knowledge and skills, add to it the creativity required when overcoming the specific issues that occur during the loan process, and gain the ability to reach the top of your profession. The skills you are attaining will make you a commodity that is in high-demand in the market. Loan officers need efficient loan processors to function well and to achieve success. Underwriters rely on well-trained loan processors to ensure competently prepared loan files. Lending institutions depend on carefully trained and customer service oriented loan processors to enhance their reputation as a lender who cares about the overall experience of each borrower The room for advancement within the field of home mortgage lending is tremendous. Mortgage lending is a growing industry. This continued growth creates a constant need for properly trained professionals. You will be an integral part of this industry from the first day on the job. As an important part of the industry, you will prove your desire, drive, and abilities daily and thus ensure that advancement opportunities come your way. Loan processing is more than just processing paper. You will be involved in nearly every aspect of the loan. Lending is an exciting industry that fulfills the dreams of your borrowers. A primary portion of your new position will be to assist every individual in overcoming any issue that arises during the loan process that may delay or even stop the loan closing. You will play an essential role in ensuring that each borrower whose file comes across your desk fulfills their dream and becomes a homeowner. The satisfaction you receive from a job well done will keep you excited to return to work each day. Your loan officer and loan office will have small goals as well as large goals. You will be one of the most important components in reaching those goals.

The Safe Mortgage Loan Originator National Exam Study Guide

Author: Patricia O'Connor
Publisher: CreateSpace
ISBN: 9781494465544
Size: 46.94 MB
Format: PDF, Mobi
View: 3185
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What's the secret to passing the SAFE Mortgage Loan Originator National Exam? If you answered "memorizing all the questions and answers you can find," you're wrong. You'll have a much better chance of passing the loan originator exam if you understand the material. "The SAFE Mortgage Loan Originator National Exam Study Guide - Second Edition" explains the required information and contains links to additional material. Prepare Yourself for a New Career This updated and enhanced loan originator exam manual includes the latest rulings by the Consumer Financial Protection Bureau. Other topics include: Federal Mortgage-Related Laws SAFE Act Introduction to Mortgage Lending General Mortgage Knowledge Basic Concepts of Mortgage Financing The Loan Application Underwriting, Closing and the Secondary Market Ethics and Fraud Mortgage Terminology There are quizzes throughout the book and two practice final exams to help you test your knowledge; in total, there are more than 400 questions and answers. The author was a licensed mortgage broker for seven years and passed the national exam on her first attempt. Scroll to the top of the page and select the Buy button to get started on your new career.