I consider the training you offer invaluable in propelling my career in the mortgage business.
-Marcus Burton, First Source USA
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Great class! Mortgage Educators always puts on a great event!
-Jeanie Budge
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Great class! Mortgage Educators always puts on a great event!
-Jeanie Budge
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| Continuing Education - Analyzing the Appraisal (6 Hrs) |
Skill Level: Intermediate
Scheduled: Not Currently Scheduled |
What You Will Learn:
A comprehensive review of the front of a URAR
A comprehensive review of the back of a URAR
What appraisal forms are required and used by the mortgage industry
How you can determine property acceptability and other lender requirements
What is unique about manufactured housing, condominiums, and 2-4 unit homes
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| Not Currently Scheduled |
| Register Online |
| Continuing Education - Ethics (3Hrs-Core Ethics) |
Skill Level: all
Scheduled: Not Currently Scheduled |
What You Will Learn:
What ethics are in the mortgage industry (yes, there is such a thing)
The process of making ethical decisions
How to deal with problematic ethical behaviors in the current marketplace
A proposed ethical code
Dealing with ethical (mis)behavior from others
The consequences for unethical behavior
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| Not Currently Scheduled |
| Register Online |
Continuing Education - Regulatory Compliance
(3Hrs- Core Law) |
Skill Level: all
Scheduled: Not Currently Scheduled |
What You Will Learn:
About 8 Federal mortgage related laws
The specific mandates of each law as they apply to loan originators & brokers
How each mandate fits into a timeline of an actual mortgage loan origination
Legal disclosures that impact originators
A detailed timeline for all disclosures
The penalties for non-compliance, and the federal regulators involved
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| Not Currently Scheduled |
| Register Online |
Continuing Education - Regulatory Compliance
(3Hrs Core Law) |
Skill Level: All
Scheduled: Not Currently Scheduled |
What You Will Learn:
About 8 Federal mortgage related laws
The specific mandates of each law as they apply to loan originators & brokers
How each mandate fits into a timeline of an actual mortgage loan origination
Legal disclosures that impact originators
A detailed timeline for all disclosures
The penalties for non-compliance, and the federal regulators involved
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| Not Currently Scheduled |
| Register Online |
| Continuing Education- Credit and Privacy Law Update FCRA / FACTA (2Hrs) |
Skill Level: All
Scheduled: Not Currently Scheduled |
What You Will Learn:
About many new Consumer benefits of FACTA, including increased access to your own credit file and identity fraud protection
About lender/broker disclosure requirements, when and why
About new privacy and identity fraud prevention requirements for lender/brokers, and other lender/broker required provisions of FACTA
New requirements for credit reporting agencies and how it affects the consumer and the mortgage lender/broker
How to better advise your clients based on FACTA provisions
About how the Gramm/Leach/Bliley Privacy Act provisions affect the broker and lender
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| Not Currently Scheduled |
| Register Online |
| Continuing Education- Credit and Privacy Law Update FCRA / FACTA (2Hrs) |
Skill Level: All
Scheduled: Not Currently Scheduled |
What You Will Learn:
About many new Consumer benefits of FACTA, including increased access to your own credit file and identity fraud protection
About lender/broker disclosure requirements, when and why
About new privacy and identity fraud prevention requirements for lender/brokers, and other lender/broker required provisions of FACTA
New requirements for credit reporting agencies and how it affects the consumer and the mortgage lender/broker
How to better advise your clients based on FACTA provisions
About how the Gramm/Leach/Bliley Privacy Act provisions affect the broker and lender
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| Not Currently Scheduled |
| Register Online |
Continuing Education- Regulatory Compliance
(3hrs- Core Law) |
Skill Level: all
Scheduled: Not Currently Scheduled |
What You Will Learn:
About 8 Federal mortgage related laws
The specific mandates of each law as they apply to loan originators & brokers
How each mandate fits into a timeline of an actual mortgage loan origination
Legal disclosures that impact originators
A detailed timeline for all disclosures
The penalties for non-compliance, and the federal regulators involved
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| Not Currently Scheduled |
| Register Online |
| Continuing Education- Seller Paid Closing Costs & Prepaid Expenses (2Hrs) |
Skill Level:
Scheduled: Not Currently Scheduled |
What You Will Learn:
Closing costs defined
How much the seller is allowed to pay for Conventional loans, Investment loans, FHA & VA loans
Discount points
Learn an easy memorization tool for closing costs
Prepaid items vs. Closing costs: upfront interest, upfront property tax, upfront homeowners insurance
You'll not only understand how these work but be able to explain them to any home buyer!
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| Not Currently Scheduled |
| Register Online |
| Continuing Education- The Self Employed Borrower - Analyzing Tax Returns (6Hrs) |
Skill Level: Intermediate to Advanced
Scheduled: Not Currently Scheduled |
What You Will Learn:
How to evaluate personal and business returns for stability and inclusion as qualifying income
A step-by-step analysis of pulling income from personal returns using the Schedule Analysis Method (SAM)
How to evaluate usable income from business tax returns
Fannie Mae versus Freddie Mac (yes, they are different.)
Documentation requirements, Fannie, Freddie, Non-conforming
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| Not Currently Scheduled |
| Register Online |
| Conventional Processing Bootcamp - The Process (14Hrs) |
Skill Level:
Scheduled:See Calendar |
What You Will Learn:
About each individual piece of mortgage loan documentation; what it is; when it’s required; and what the processor’s role is concerning that piece of documentation
Step by step loan processing
How to calculate income; how to complete the 1008
About title, appraisal, insurance (MI, Homeowners, flood), credit, asset, and income documentation and verification process
How to submit to the underwriter and deal with underwriting conditions
About automated underwriting, LP, DO, DU, and documentation required
Not to over-document your loan files
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| Click Here for Detailed Information |
| Register Online |
| FHA Lending - FHA from A to Z (8Hrs) |
Skill Level: Intermediate to Advanced
Scheduled:See Calendar |
What You Will Learn:
Important new changes and how they affect FHA loans
How to complete the MCAW, line by line
Current underwriting and qualifying guidelines, manual and automated
How to calculate FHA loan amounts
ALL of the FHA forms required, when they’re required, and how to complete them
About CAIVRS, LDP, GSA, MIP
About refinances, cash-out, no cash-out and streamlined
About property, appraisals, and FHA new Construction
FHA TOTAL, AU, LP, DU, and more!
Critical changes from all updated mortgage letters
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| Click Here for Detailed Information |
| Register Online |
| The Mortgage Loan Originator 101 |
Skill Level: All
Scheduled: Not Currently Scheduled |
What You Will Learn:
All the terms and what they mean to the loan officer and why.
Taking the loan application-completing the 1003, documentation, disclosures.
Legal and regulatory requirements-TILA,RESPA, ECOA and more.
Rates and fees- loan costs, completing the GFE, pricing add-ons, locking
Qualifying/underwriting- automated underwriting comparisons, conforming qualifying, credit analysis, qualifying ratios, income and property review.
Refinances- prime vs. subprime, seasoning, cash out, calculating accurate loan amount
Purchases-funds to close, sales concessions, gifts, structuring the transaction.
Programs- ARMs, buydowns, 3%down, community and affordable products, non-conforming product.
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| Not Currently Scheduled |
| Register Online |
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