Mortgage Professional Certification

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Certification

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

Course Features

Lectures 6
Quizzes 1
Duration 60 hours
Skill level All levels
Language English
Students 0
Assessments Yes

Debra Killian

Debra Killian is a NMLS State Licensed Mortgage Loan Originator and Certified Residential Mortgage Specialist (CRMS), graduated from Western Connecticut State University, Danbury, CT with a B.B.A. in Accounting.

She has over 35 years of financial, banking, accounting and business experience. Since 1994 when she started originating retail residential mortgages she has directly overseen and managed in excess of $1 billion in closed residential real estate loans, representing thousands of customers.
Debra's experience and educational focus has given her an edge in the marketplace and a strong foundation as a passionate trainer for mortgage originators and Realtors offering customized sales and and mortgage-related training courses.

She utilizes a proprietary software system (LoanMgr) developed by her partner and husband Don DeRespinis, CPA, CRMS designed for compliance, transparency and constant communications with customers, clients, Realtors, attorneys and closing agents throughout each and every transaction.

In 2010, Debra co-authored one of the first NMLS approved 20-hour Pre-licensing SAFE Act courses, required for all state-licensed mortgage originators by Title V of the SAFE Act. She also develops for continuing education classes for Realtors.

In 2011, Debra and Don co-authored The Mortgage Professional, National Residential Mortgage Loan Originator which has been approved by the NMLS for the 20-hour pre-licensing course.

In 2014, she co-authored the MBA's School of Loan Origination(SOLO) I and II.

Past positions include Directors of the CT Mortgage Bankers Association (CMBA) and National Association of Mortgage Professionals (NAMB), Past President of the CT Mortgage Association (CMA) as well as served on the Education, FHA and Government Affairs committees of NAMB. Debra is one of only four originators in CT to earn the Certified Residential Mortgage Specialist (CRMS) designation and the first originator in CT to earn the Lending Integrity Seal of Approval from NAMB.

Debra speaks on a variety of topics to various professional groups and trade organizations and is available for custom course development and delivery.

She is a member of the NAMB, CMA, AIME, Northern Fairfield County Association of Realtors (NFCAR), Connecticut Association of Realtors (C.A.R) and the National Association of Realtors. (NAR).

Mortgage Professional Certification

Course Features

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