
BOTH CLASSES: Loan Processing 101 and Advanced Processing
Need Help? Call us today toll-free at 1-800-865-8550 Press 1 for SalesCOURSE DESCRIPTION: Take our Loan Processing 101 - "The Basics" and Advanced Loan Processing - "Real World Lessons" instructor-led online recorded webinars, and learn everything you need to know to become a successful mortgage loan processor! COURSE OUTLINE: Mortgage Terminology Ratio Terminology Examples Additional Mortgage Terminology The Loan Cycle Loan Processor Duties Loan Documentation Breaking Down the Forms Truth in Lending Application Truth in Lending Disclosure Basics The Loan Estimate Closing Disclosure CD Pages 1 - 5 The Credit Report Public Records Tradelines Payment History Personal Information Employer Information Inquiries Automated Underwriting Systems AUS Recommendations Verification of Deposit Verification of Employment Verification of Rent/Mortgage Purchase Contract Submitting to Underwriting Credit Report Review Income Review Begins Base Pay (Salary or Hourly) Bonus, Overtime, & Commission P