Intermediate topic general knowledge required
Originators have a significant impact on the psychological emotional, and financial well-being of every consumer they interact with and it stays with them well beyond the closing. Let’s also not forget impact on our bosses, co-workers, real estate referral and other partners and our companies! We believe this is such a neglected topic, we made the first episode in the Mortgage Professional Practices program, IMPACT- Psychological, Emotional and Financial Impact, Empathy in Mortgage Transactions.
Learn the math that mortgage experts use to quote loan programs and to get loan approved and closed on time. This course covers the essential mortgage calculations needed to fully analyze any loan scenario using your cell phone. Summarize basic concepts while learning techniques for loan pricing and advising customers. Provide the definitive answer to your Customer’s question: Do you have the lowest rates?
This session reviews commonly used IRS forms and how to use them for qualifying income under the Ability to Repay Rules. Become a income expert. Master this analytical skill to outperform your competition. Understand the basics of what underwriters are looking for. Learn to qualify more borrowers Review of the Federal 1040 & Schedules, 1065, 1120, 1120″S”, K-1 Capture borrower’s attention using professional skills Certificate requires final assessment grade of 80% or higher.