Home » Seminars & Classes » Virtual Classes » Classes for Loan Officers
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- Barbara Biehl, Broadview Mortgage
With our virtual classes you can learn WHAT you want, WHEN you want it and WHERE you want to—24 hours a day, seven days a week.
Length: 1.0 hour
Learn about the history of the mortgage industry, recent and past legislation that impacts the industry
The difference between a mortgage broker and a mortgage banker
The "cycle of mortgage money" is analyzed so the student better understands fluctuating interest rates
All the players involved in the development of a loan are covered
Live online class: $49.00
Length: 1.5 hours
Learn about the Uniform Residential Loan Application form (1003)
All the required information needed for the form
How to effectively complete the form to speed up processing and underwriting
Application and processing support documentation
Live online class: $69.00
Length: 1.5 hours
Basic elements that make up a Good Faith Estimate (GFE), including the differences between closing costs and prepaids
How to calculate a Truth-In-Lending
What makes up the Annual Percentage Rate (APR) and the amount financed
An example is worked by hand from beginning to end to help the student understand both forms and how to explain them to borrowers
Compliance with the Real Estate Settlement Procedures Act (RESPA)
Live online class: $69.00
Length: 1.5 hours
Thorough explanation of credit reports and credit scoring
How credit scoring is calculated and what elements can affect a borrower's credit score
The basic areas of a typical credit report
A basic guideline to helping a borrower improve their credit score
Live online class: $69.00
Length: 1.5 hours
A thorough understanding of the proper way to pre-qualify a borrower for a mortgage loan
Less valuable time will be spent working with unqualified borrowers and loans, which will never close
Smoother loan applications due to the borrower being placed in the correct program
Pre-qualification techniques and worksheets are demonstrated and the student will perform several pre-qualification exercises
Live online class: $69.00
Length: 2 hours
Learn why some Loan Officers are successful and others can't survive in the business
Learn what high-producing, successful Loan Officers know about their career and working with customers
Learn what obstacles you face as a Loan Officer, the Success Triangle and how to use effective communication to build your business
Learn the "how-to's" for setting your career on the right path to high earnings
Live online class: $69.00
Length: 1.5 hours
Receive a thorough understanding of Rate Sheets
How to read Rate Sheets and how to keep from losing money due to inaccurate pricing
Learn the difference between Basis Point Pricing and Discount Pricing
Complete explanation of all Conventional mortgage products including FNMA, FHLMC, NIV, Portfolio, and Sup-Prime
Learn how to use 2/1 Buy-Downs to effectively qualify the borrower
Live online class: $69.00
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