BOTH CLASSES: Loan Processing 101 and Advanced Processing

 

 

Need Help? Call us today toll-free at 1-800-865-8550 Press 1


COURSE DESCRIPTION: 

Take our Loan Processing 101 and Advanced Loan Processing, and learn everything you need to know to become a successful mortgage loan processor! 


COURSE OUTLINE:

  • Mortgage Terminology and Loan Ratio Calculations
  • The Loan Cycle
  • Processor Duties
  • Loan Documentation
  • Disclosure Basics (including an in-depth review of the LE)
  • Credit Report Review
  • Automated Underwriting System (DU/LP) Review
  • The Three Verifications (VOE, VOD, VOR/VOM)
  • Purchase Agreements
  • Tips for the Submission Package
  • Review Applications
  • Thoroughly Understand Credit Reports
  • Income Documentation
  • Assets Documentation
  • Appraisals
  • Ratios
  • Loan to Value
  • Income Requirements
  • Asset Requirements

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.


COURSE FORMAT:

  • Instructor-Led Online Webinar
  • Duration: 24/7 Access for 1-Year
  • Course Provider: CampusMortgage® (Our Training Division)
  • All Course Materials are Downloaded as PDF Files
  • Certificate of Completion Downloaded as a PDF File


WHO SHOULD ATTEND: 

Aspiring mortgage processors & underwriters wishing to learn how to become a loan processor, from A to Z. Whether you're unemployed and looking to enter the mortgage processing profession, or you're currently working at a bank or lender as an underwriter or processor, this training program will provide the skills you need to succeed as an effective mortgage processor. Also ideal for loan processing & underwriting managers looking to train their existing staff on proven loan processing principles.


HOW IT WORKS: 

As soon as you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training IMMEDIATELY.


ABOUT THE INSTRUCTOR: 

Each CampusMortgage® instructor has an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more. 


SYSTEM REQUIREMENTS: 

You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. 


GRADUATION: 

Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.


REFUND POLICY & TERMS OF USE: 

 

Before purchasing any CampusMortgage® training class from NAMU®, we recommend you thoroughly read our Refund Policy & Terms of Use — which you will be required to have fully read & accepted prior to beginning the training class.

 

Need Help? Call us today toll-free at 1-800-865-8550 Press 1

BOTH CLASSES: Loan Processing 101 and Advanced Processing
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Price $790.00
Sale Price $775.00