Mortgage Loan Officer School

840 1st Avenue, King of Prussia PA

07 November, 2022

Description

MORTGAGE LOAN OFFICER SCHOOL *Are you looking for unlimited earning potential? *Need to be Challenged? *Want a new Career? *Want Flexible, Work from Home Hours? Come learn about the mortgage business from those who have over 75 years of experience in the business! The two trainers have owned their own mortgage company and know the business inside and out! Both will be an integral part of the training you will receive. Once your training is complete, you will have the ability and knowledge to get your new career going and get a job in the business with any company. This training is to show and teach you HOW TO DO THE JOB! Most schools ONLY prepare you to get your license and that will not cut it in the real world where you need to know what we are going to teach you! A good loan officer makes well over 6 figures a year and the great ones make over a million! If you are interested in our training, please forward your in interest to us via email The class will be Saturday and Sunday for 4 weekends and a cost of only $499! Seats will be limited so we can give you the best training available. Training will be in our Classroom in King of Prussia Pa, if you can’t make it in person, we offer a Live-Stream Option Some of the features you will learn at our Academy *Pre-Approving your client – Analyzing Income, Credit, and Assets, and putting them into the best loan program *How to Complete the URLA… (application, 1003) *How to complete the Loan Estimate (Cost sheet, Good Faith Estimate) *How to read and understand a credit report *Appraisal *Interest rate lock /Pricing *Discount Points/Fees *Private Mortgage Insurance (PMI, Upfront MIP, lender paid MI ) *Loan to Value/Combined Loan to Value *Loan Programs in detail---Fannie/Freddie/VA/FHA/USDA/Jumbo/Non-QM loans *ARM’s, Buydowns, Interest Only Loan Options *80% First 20% Second Loan options, other 100% Financing Loan options *Purchases *Cash out & Limited Cash-out Refinances *Explaining the Closing Disclosure and Closing Package *Escrows *Title Insurance *Additional Loan Scenarios Everything from Application through Funding