Program Schedule:

Week 1:

• Monday, August 2 (2:00 PM - 4:00 PM ET)
• Wednesday, August 4 (2:00 PM - 4:00 PM ET)
• Thursday, August 5 (2:00 PM - 4:00 PM ET)

Week 2:

• Monday, August 9 (2:00 PM - 4:00 PM ET)
• Wednesday, August 11 (2:00 PM - 4:00 PM ET)
• Thursday, August 12 (2:00 PM - 4:00 PM ET)

Week 3:

• Monday, August 16 (2:00 PM - 4:00 PM ET)
• Wednesday, August 18 (2:00 PM - 4:00 PM ET)
• Thursday, August 19 (2:00 PM - 4:00 PM ET)

Week 4:

• Monday, August 23 (2:00 PM - 4:00 PM ET)
• Wednesday, August 25 (2:00 PM - 4:00 PM ET)
• Thursday, August 26 (2:00 PM - 4:00 PM ET)

** Webinars may vary in duration depending on the subject matter**

Program Details:

• Instructor Guided Online Learning

Program Summary:

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.

Lessons:

• History of Mortgage Lending
• The Role of the Mortgage Loan Originator
• Taking a Complete 1003
• Originating a Compliant 1003 - the Laws
• Evaluating the 1003 - Loan Options
• Analyzing Credit Reports
• Case Study and Homework Review
• Supporting Documentation
• Tax Returns and Qualifying Income
• Nontraditional Mortgage Products
• Pricing and Rate Locks
• Packaging Mortgage Transactions
• Marketing in a Purchase Environment

Experience Level(s):

• Entry-Level

Intended Audience:

• Mortgage Loan Originators
• Loan Officer Assistants
• Processors

Instructor(s):

• TBD

Scholarship Availability & Discounts:

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MBA’s Path to Diversity Scholarship enables employees from diverse backgrounds to advance their career development by receiving up to $2,000 in education funds. Learn more and apply at mba.org/pathtodiversity.

Your organization can get two complimentary seats to this class with an Education Advantage subscription! Contact Jeff Schummer to learn more about Education Advantage!