Question 6 Survey|
The greatest strengths of the course are: User Answer The material in this course was great. I loved the coverage of history, and why the changes had to be made in order to better serve the community it is intended to benefit. I have been in banking over 35 years and worked for credit unions as well as banks. I have collaborated closely with lenders and can honestly say they would all benefit from taking this course. Most lenders do not know 1/2 of the information regarding the history, rules and different types of loans available to consumers. This knowledge would make a difference. It is sad to say that most lender’s just want to make the sale. They are not trained properly by the financial institution that employs them to fit the customer with the product that will address their particular needs. Banks are more interested in the business that the lender can bring and they do not necessarily care how .This is a big problem leading to customer’s taking mortgages they cant afford not understanding the true impact it will have on their finances and daily lives.
A mortgage loan is a huge financial responsibility. For some it will be the biggest and only investment they will make during a lifetime. If done properly it can be a lifesaver during a financial crisis or it can be a financial crisis that will last a lifetime.
Thank you for your passion and great insight into the industry.
A condensed version of this course would also be very helpful to high school seniors before they graduate. It should be a requirement.
Question 8 Survey
Comments or Quotes “Thank You”:
|Great Job. You are an asset to the industry.|