101 Mortgage Training

30 Hr Loan Officer Education

This is a 3 Days  28 Hours Texas State Certified

Loan Officer 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

Bonus 2 Hrs. Ethics

• Code of Ethics 
• Mortgage Terminology

Price: $300.00