Mortgage Professional Certification

Overview

Over 60 hours of online classroom style instruction combined with a rigorous assessment process insures Mortgage Professional Certificate Recipients know the laws and regulation and how to apply them in their mortgage origination activities.

From basic real estate competencies to advanced financing structuring every originator should check this out!

Why? Mortgage origination has changed and getting a mortgage is about to become as easy to get as a credit card. How will any mortgage originator compete? Banks will not use originators, they will use machines. The best mortgage originators know how to source the business, process and underwrite it. That is what “being licensed” means. It also means the right to collect the full commission and not need to share.

Mortgage originators should know how to generate a “Condition-less Loan”. They no longer will have the luxury of doing a partial job. All LO’s must learn the complete job!

Our program details in length the basic competencies for real estate financing combined with systems that guide and enforce strict government compliance that is just now being developed. (Don’t be fooled by a bunch of old subjects being recycled.)

The Mortgage Professional Originator program involves 4 critical steps:

An assessment of an existing originator’s core competencies.
Participation in up to 60 hours of Online Instructional Lectures and Structured Activities.
A Final Assessment on the application of the basic competencies at an advanced level.

The instructional content for the basic Mortgage Practices program includes:

Real Estate Finance Principles
Loan Origination Activities
Legal Compliance
Ethics
Taking the Application in the 21st Century
Submitting a “condition-less” loan file and working with Underwriters
Pricing, locking getting the best rate and terms for your client
Appraisals in the customer loan process
The Loan Estimate Process
Preparing for Closing
The Closing Process
Customer Service After the loan closes

Advanced Mortgage Practices program includes:

Structuring real estate purchase transactions
Providing refinance options analysis
Advanced pricing options for minimizing financing costs
Systems for operating origination activities

For more information contact Deb Killian at deb@cloes.online

Curriculum

Instructor

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.