Mortgage Originator Training

You will receive:

· Training (work at your own pace instruction manual)

· A specialized mortgage calculator

· Clerical Support

· Sales training and access to marketing materials

· A variety of loan programs to fit most borrower's needs

· Fast loan approvals

Our complete easy-to-follow, step-by-step instruction manual includes absolutely everything needed to get started immediately.

1).  Glossary -- Terms and abbreviations most commonly used in real estate.

2).  General overview of Residential Loans.

3).  Setting up your office -- can be done at home.

4)  Code of ethics.

5).  Stationery and business cards.

6).  All forms needed to submit a residential loan request.

A). Residential Loan Application

B). Request For Verification of Employment

C). Request For Verification of Deposit

D). Loan Processing Checklist

E). Lender Guideline Sheet

F). Schedule of Real Estate Owned

G). Fee Agreement

H). Credit Report Authorization

I). Loan Submission Form

7). Residential loan organization guide.

A). Loan-to-value ratios

B). Prequalifying clients

C). Conforming loan amounts

D). Usable income and verification

E). Qualifying ratios

F). Amortization chart

G). Calculating PITI payments

8). How to determine the amount of loan a client qualifies for.

9). Private mortgage insurance.

10). Samples and detailed explanations for completion of forms.

11). How to find borrowers.

A).  Newspaper advertising

B).  Word-of-mouth

C).  Realtors

D).  Direct letters

12). Processing a loan request.

A). Documentation needed for a loan submission

14). Loan closings.

15). Lien instruments.

A). What is a mortgage