Mortgage University

This 3 day on-site intense training program is specially designed to teach new loan officers and processors the basic fundamentals in which all loan origination is based. Mortgage University reduces 3 months of traditional mortgage training into only 3 days with our exclusive Rapid Learning Method (RLM). This program is customized to meet your organizations special needs. We teach your loan officers how to apply what they have learned, making implementation of the material quick and easy. This exclusive program enables your new recruits to hit the ground running.

Students will learn:

• Good Faith Estimates and Truth in Lending
• FNMA/FHLMC & FHA Basic Underwriting Guidelines
• Loan to Value
• PMI and MIP Calculations
• Secondary Market Principles
• Reading Retail and Wholesale Rate Sheets
• Loan Products - Fixed and Adjustable Rate Mortgages
• The Mortgage Process - Application to Closing
• Completing the 1003
• Alternative and Standard Loan Documentation
• Verifying Income and Assets
• Reading Credit Reports
• Qualifying Ratios
• Underwriting-Automated (DU,LP) & Traditional
• Seller's Concessions
• Transaction Structuring & More

Who should attend?

New loan officers and new processors along with existing loan officers with less than 1 year experience. Increase the effectiveness of mortgage university by adding case studies and sales training to the 3 day program!

Call or contact us for further questions, pricing, and scheduling information.

Ron Vaimberg International, LTD
Toll Free: (866) 824-6237 | Local: (914) 333-0213
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