School of Loan Origination

MBA Education's School of Loan Origination (SOLO) provides an in-depth working knowledge of how to originate residential mortgage loans. It begins with a historical perspective of how past practices led us to the current environment. It then teaches competencies on how to originate compliant and quality-based mortgage loans by focusing on minimizing risk of repurchases and reducing the number of "touches" on the file. This course gives you the knowledge and skills to compete in today's competitive purchase marketplace by increasing your loan production, loan quality and overall job performance.

Get an in-depth working knowledge of how to originate residential mortgage loans, including:

  • Challenges facing mortgage origination businesses
  • Roles of mortgage originators, processors and underwriters
  • Laws and regulations that protect consumers
  • Build and package quality mortgage loans
  • Evaluate credit
  • Advantages and disadvantages of different mortgage products
  • Develop a purchase-based business model

Upcoming Offerings

The Details

This course is presented completely virtually, in a blend of self-study and instructor-guided online learning. The course includes a series of live webinars, presented through Adobe Connect, which allow for participant interaction with the instructor and each other. Course materials are available through TopClass.

Course Level: Entry Level
Course Delivery Method: Online Course
Online Course: Two hours a day, three days a week for four weeks
Elements: Discussion Boards/Forums, Quizzes, Case Study, Practice Activities, Homework, Final Exam

Who Should Attend

SOLO is designed for:

  • New and aspiring MLOs
  • Loan Officer Assistants
  • Processors
  • Underwriters
  • Closers

Get More with Education Advantage

Developed by MBA Education, Education Advantage is an annual subscription-based training solution that provides you with access to our robust learning portfolio specifically developed for servicing professionals.

For one low annual price, you have unlimited access to our online self-study library, discounts on designations, two seats in specific online courses or the option to completely customize your curriculum. Contact Jeff Schummer today to learn more.