Residential Mortgage Servicer: Level I Certificate Package
| Option | Price |
| Member | $550.00 |
| Non-Member | $1,100.00 |
Residential Mortgage Servicer: Level I Certificate Package
The Residential Mortgage Servicer: Level I Certificate is designed for servicing professionals and develops knowledge and skills in the following areas: servicing basics; the residential loan life cycle; payoffs, lien release, and assumptions; laws impacting residential servicing; servicing special loan products and loans with special features; servicing home equity products; and servicing transfers. It is the first step in the Residential Certified Mortgage Servicer (RCMS) learning path.
The Residential Mortgage Servicer: Level I Certificate Package includes:
- RS_GO_100 Mortgage Banking Primer
- Mortgage Banking Basics
- Loan Production Basics
- Funding, Warehousing, Shipping, and Quality Control Basics
- Secondary Marketing Basics
- Loan Servicing Basics
- RS_LA_100 Basics of Mortgage Servicing
- Servicing in the Mortgage Lending Process
- Loan Servicing Concepts
- Loan File Documents
- Loan Servicing Functions
- RS_LA_PLA_200 Payoff, Lien Release, and Assumption
- Mortgage Payoff Concepts
- Lien Release Concepts
- Mortgage Assumption Concepts
- RS_LA_SS_200 Servicing Home Equity Products
- Introduction to Equity Products
- Servicing Implications of Equity Products
- RS_LA_SS_300 Special Loan Servicing
- Special Loan Basics
- Special Loan Products
- Special Loan Features
- Special Loan Market
- RS_LA_ST_200 Servicing Transfers
- Servicing Transfers Concepts
- Servicing Transfers Process
- Investor Requirements for Servicing Transfers
- RC_RC_GO_206.1 Residential Loan Servicing Laws
- Residential Mortgage Servicer: Level I Certificate Exam
Click to learn about the Residential Mortgage Servicer: Level I Certificate curriculum.
The courses represent approximately 30 hours of seat time.