School of Loan Origination: June 2021
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Early Cutoff:
Before | Regular | ||
---|---|---|---|
MBA Member Price | (Before ) $950.00 | $1,050.00 | |
Non-Member Price | (Before ) $1,400.00 | $1,600.00 |
Description
Program Schedule:
Week 1:
- Monday, June 7 (1:00 - 3:00 PM ET)
- Wednesday, June 9 (1:00 - 3:00 PM ET)
- Thursday, June 10 (1:00 - 3:00 PM ET)
Week 2:
- Monday, June 14 (1:00 - 3:00 PM ET)
- Wednesday, June 16 (1:00 - 3:00 PM ET)
- Thursday, June 17 (1:00 - 3:00 PM ET)
Week 3:
- Monday, June 21 (1:00 - 3:00 PM ET)
- Wednesday, June 23 (1:00 - 3:00 PM ET)
- Thursday, June 24 (1:00 - 3:00 PM ET)
Week 4:
- Monday, June 28 (1:00 - 3:00 PM ET)
- Wednesday, June 20 (1:00 - 3:00 PM ET)
- Thursday, July 1 (1:00 - 3:00 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.
Interested in complimentary seats for your organization? Contact Jeff Schummer at JSchummer@mba.org to learn more about Education Advantage.