It’s December 2019. Your entire origination staff just got Certified by a 25 year mortgage veteran. Your underwriting conditions are cut in half due to less touches on more profitable files. Your customer service has improved dramatically and the stress level with all employees is greatly reduced. Not to mention, there is a significant reduction in potential compliance issues. New applications are increasing because originators are not babysitting files with more time to originate new loans.
The mortgage marketplace is shrinking. The reasons vary. The one thing we know is, that as margins shrink, companies start cost cutting. Unfortunately and inevitably, training is one of the first things to go.
But, what if continuous training actually reduced costs? Would more competent originators in retail, correspondent and wholesale channels result in more profitable loans with less compliance issues and more importantly less touches on the file? What if you could outsource the entire management of your education and record maintenance at a fraction of your current costs? We believe you can.
Technology is taking over the mortgage business. It’s also making quality education more convenient and affordable. Employing internal trainers is necessary. On-boarding, systems and process training are unique to each employer. BUT…the principles of mortgage lending are the same for everyone. If you got into the business after 2003, you may need perspective adjustment.
Having in-depth, robust, competency-based training at your fingertips, on demand at a fraction of the cost is easier than you think. The reality is most originators are not qualified to write and deliver mortgage competencies. And many trainers do not originate. Getting trained by the same people who write the content and train from a day in the life of originating, with 25 years of experience will enhance your internal training.
CLOES.online has been writing to bring you state-of-the-art, timely, relevant, training that will make originators, processors and loan originator assistants, produce more efficiently and profitably. Our newest Mortgage Professional Program will take your staff through an online program in a three to nine month period. This is not a “one and done” course. It is true professional development that you can schedule!
The first up in the Mortgage Professional Program is Mortgage Practices; an on demand, video class that provides 16 hours of direct skills and competencies with an exam and case study for any mortgage professional to completely understand the entire mortgage process and the why to what we do.
If you hope things magically get better this year, remember, hope is not a strategy. Or, you can achieve the above results by the end of 2019 and go into 2020 armed and ready!
Interested? Call me at 866-256-3766 or email firstname.lastname@example.org for more information. Course begins May 1, 2019.