101 Mortgage Training

60 Hour Loan Officer Training

6 Days  56 Hours Texas Credit Certified

Loan Officer Course  

Plus 4 Hrs. Ethics

In this course you will learn:

• Requirements for both Federal and State Laws
• Application (1003) - explaining each section to speed-up processing time and reduce underwriting conditions with proper technique and documentation
• Good Faith Estimate and Truth-In-Lending, including calculations incorporating Annual Percentage Rate (APR) and Amount Financed
• Understanding how to do calculations by hand (Loan-to-value / Debt Ratios)
• Advanced pre-qualification techniques
• Loan origination strategies and techniques
• Rate sheet pricing procedures (discount & yield spread)
• Credit and credit counseling
• Explanation of Fannie Mae, Freddie Mac, Niche, FHA and Sub-Prime mortgage products
• Code of Ethic 
• Mortgage terminology
• Comprehensive Prep test

Price: $600.00