March 4, 2011  - "News You Can Use"


Dodd/Frank Loan Originator Compensation

 

It's been beaten to a pulp - and most people have already decided how they will pay their originators and collect fees.  Have you got a written policy?

 

Click here to check out our update; it will help you document your policies for your regulator, investor and staff.   

UPDATE CENTRAL

 

Mortgage Manuals Customers - Click here to see Policy Updates

3/4/2011 - Update for Origination Module and Quality Control/Compliance Modules

Forget your password?

Pre-Licensing or Continuing Education - Free textbook of your choice with any enrollment.

 

New Processor Training &

New Loan Officer Training - new updated courses available

 

Banks and Credit Unions - Adding a mortgage division?FDIC and NCUA accepted policies and procedures

 

Looking for Lending Policies and Procedures?Complete customizable templates

 

Loan Officer/Processor Training - Books, Manuals and on-line Training - 2011 E-Versions Now Available!

 

 

 

Production Managers -  FREE Training Site for basic introductory information

 

Red Flag ID Theft Program Required by 5/1/09

Red Flag Identity Theft Program and Information Security Program for Mortgage Bankers and Lenders

 

The Loan Officer Assistant Training Program 

 

It's become a mantra.  Now that most originators can only grow their income by increasing volume, an assistant may be the only way to push a 6-8 loan per month originator to the next level.  Our three step program can help.

 

The Loan Officer Assistant Program

 

Unlimited In-House Training Program

Corporate Mortgage Training Managers

Train your entire company for $495!! Unlimited Use!

Great for Bank Training Managers, Compliance Managers - Or customize to your own requirements

 

 

Call or Chat today!  (877) 918-7246

  • Install on your system - no login requirements, no location limits. 

  • Disk-based so does not have to reside on your network Internet Connection not required

  • Can be customized to your logo

  • Add your own regulatory requirements with our template

Lessons Included

Welcome to the Mortgage Industry

Using Financial Calculators

Understanding Rates and Pricing

Mortgage Math

How to Qualify and Pre-Qualify

Intro to Loan Products

Comparing Loan Products

Understanding ARMs

Understanding FNMA

Introduction to FHA

Reading Credit Reports

Working with Liabilities to Adjust Ratios

Understanding Income Documentation

Calculating Income for Qualifying

Understanding Asset Documentation

Completing a Closing Cost Estimate

Taking a Complete Loan Application

Originator's Guide to Closing

Managing Your Pipeline

Loan Processing Introduction

New Loan File Setup

Preparing Disclosures

Reviewing and Assembling Income Documentation

Reviewing Credit History and Debt Documentation

Reviewing Asset Documentation

Reviewing Property Documentation

Understanding Automated Underwriting

Submitting Files to Underwriting

Understanding Federal Laws

RESPA Overview

RESPA - Understanding Kickbacks

RESPA - Completing The 2010 Good Faith Estimate

Truth-in-Lending Overview

Understanding Mortgage Disclosures

How to Calculate APR

Federal Credit Laws - ECOA/Regulation B and beyond

FACTA Red Flags

Fraud Prevention

SAFE Act

 

 

QuickStart Quality Control Systems and Mortgage Training Programs

1  Research Court, Suite 450

Rockville, MD  20850

301-738-7031 - Office

877-91-TRAIN - Toll Free

877-729-4033 - Fax

 

e-mail

 

 

lenderbootcamp.com

mortgagemanuals.com

lendertraining.com

quickstart publications

 

 
© 2011 QuickStart//MortgageManuals.com/Lendertraining.com