Mortgage Professional Certification

Debra Killian
, , ,
$2,997
The Mortgage Professional_S

     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:

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

The instructional content for the basic Mortgage Practices program includes:

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

Advanced Mortgage Practices program includes:

  1. Structuring real estate purchase transactions
  2. Providing refinance options analysis
  3. Advanced pricing options for minimizing financing costs
  4. 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
  • Certificate Yes
  • Assessments Yes
  • Introduction

    Find out what you need to know about getting certified and what it means to you and your lender.

    1
  • Initial Assessment

    Take the initial assessment to determine your base level of knowledge. Get a high score and you will be exempted from fundamentals.

    1
  • Mortgage Fundamentals

    This course is an intensive 20 hours covering the fundamental knowledge need to understand a real estate transaction and the effect the mortgage loan originator has on the transaction. This course is vital to master the concepts before moving to the Practice sessions.

    1
  • Mortgage Practices 1

    This course is for originators who have some experience and are ready to expand their ability to offer better advice to mortgage customers. With the focus on a purchase transaction students learn the secrets of a Mortgage Professional to provide financing options your competitors don't know exist.

    1
  • Mortgage Practices 2

    Mortgage Practices 2 expands upon the knowledge in 1 with the focus on a refinance transaction. Student learn the secrets of a Mortgage Professional to navigate financing options in a customized way..

    1
  • Advanced Mortgage Practices
    1
  • Final Assessment
    1
  • Certificate

    The Mortgage Professional Certificate valids your level of knowledge with employers and regulators and proves you are committed to adhering to the highest ethical and moral standards for mortgage loan originators.

    0
    No items in this section
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).

$2,997

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