Mortgage Lending 101

Does the idea of handling a mortgage loan seem daunting? It won't be after Mortgage 101! This 1 1/2-day program provides you a fun and interactive class where you’ll:

Learn to confidently talk with members
Discuss their real estate needs and explain the mortgage process in simple terms

Gain a basic understanding of Federal Regulations
Learn which regulations affect home loan products and why they’re important to you and your member

Improve your product and property knowledge
Identify the different property types and learn how a home loan product is matched to your member’s needs

Learn how to Pre-qualify a member for a home loan
Completing the Pre-qualification process is made simple and easy. You’ll also discuss what will be required of the member during the application process

Complete a mortgage application
Learn the details of filling out a mortgage application to help you better serve your member

Gain a basic understanding of the underwriting process
Real life scenarios to help you understand the process along with learning how to read a credit report and explain to your member what happens during loan closing

Cost
$500 per person (lunch provided)

Who Should Attend
New hires or those new to mortgage lending