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NAMB Offers Mortgage Professional Practices Course!

Charter Oak Systems, LLC and CLOES.online is pleased to announce the National Association of Mortgage Brokers (NAMB) now offers a new Online, On Demand Video-Recorded course, Mortgage Professional Practices.

NAMB is committed to continuing to build a robust, education platform to support the professionalism of all mortgage originators. Most originators agree, none of us were really ever educated. Yes, we got on-boarding, prospecting, internal systems, policies and procedures training but, where would we have gone for real mortgage competency-based education? Most also agree the SAFE Act 20-hour Pre-licensing education doesn’t prepare anyone for loan files.

Mortgage Professional Practices cover topics and discussions even seasoned originators have never heard of or thought about. It’s time to know the why. It’s time to connect the dots. It’s time for originators to know more than how to put a file together and hope it closes. Hope is not a strategy!

This course is eighteen video-recorded episodes of the real mortgage business. What we do, how we should do it and why we do it that way. it is the foundation of education for real life practices. Mortgage Professional Practices includes the following topics with assessments along the way, a case study and a final exam.

  • IMPACT – What You Do to Customers
  • How Lending Started and Evolved
  • Loan Origination Activities
  • Real Estate Finance Principles
  • Mortgage Math and Qualifying Income
  • The IRS and Tax Reporting
  • The New URLA “1003“
  • Insurance – The LE and CD
  • Documenting the file
  • Getting Condition-less Approvals
  • Mortgage Product Inventory
  • Rates, Pricing and Advising
  • Professional Advisors
  • The Collateral Property
  • Now – Structure – Get it All Together
  • Comprehensive Case Study
  • Comprehensive Final Exam

The actual completion time may vary by student. Newer mortgage originators may need to take more time as the course takes a fairly deep dive into all things origination.

Mortgage Professional Practices will also apply toward the education requirements for a NAMB Certified Residential Mortgage Specialist (CRMS) or Certified Mortgage Consultant (CMC).

For more information, email me at: deb@cloes.online.

Debra Killian

Debra Killian, a seasoned Mortgage Loan Originator, Course Developer, and Instructor combines her extensive 35-year background in residential mortgages, real estate, banking, and accounting to excel in the mortgage industry. An alumnus of Western Connecticut State University with a B.B.A. in Accounting,

Debra has been a transformative figure in residential mortgages since 1994, overseeing and managing over $1 billion in real estate loans. Her unique educational and professional journey has positioned her as a dynamic and effective trainer in the mortgage and real estate sectors, offering tailored courses that use mortgage competencies in building long-term relationships with customers and real estate professionals.

A trailblazer in mortgage education, Debra co-authored pivotal NMLS-approved courses, including the 20-hour Pre-licensing SAFE Act course in 2010 and The Mortgage Professional for the same curriculum in 2011. Her contributions continued with co-authoring the MBA's School of Loan Origination and mortgage and real estate continuing education classes.
Debra relentlessly pursues the latest industry trends and regulatory changes, ensuring her courses, both new and existing, are continuously updated and aligned with current standards and practices.

Debra's leadership extends beyond her immediate professional sphere, evidenced by her past roles in the CT Mortgage Bankers Association, the National Association of Mortgage Professionals (NAMB) and various real estate associations.

A sought-after speaker, Debra lends her expertise to various professional groups and is dedicated to developing and delivering custom courses, reflecting her passion for education and industry advancement.

She and her husband Donald DeRespinis, own Charter Oak Systems, LLC which operates Cloes.online, and online education provider for pre-licensing courses required by the Secure and Fair Enforcement ACT (SAFE) Her passion is providing mortgage loan originators competency based training and professional development courses to all elevate mortgage loan originators. In addition to NMLS required courses, Debra and Don provide an array of compliance training to help companies comply with federal and state laws.

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