RC_LA_CR_200.1 Mortgage Banking Concepts for CSRs
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011142-WC-WPurchase
This is a single-family/residential course.
The loan administration function begins immediately after a mortgage loan has been closed. Loan administration processes are a vital part of any mortgage banking company, since a large part of a company's net income is derived from the loan administration (servicing) operation. To understand your role as a customer service representative(CSR), you need to understand the role you and your company play within the entire mortgage banking process. This includes such things as an understanding of the various types of loans and loan financing options. By understanding the basics of mortgage banking, you will be in a better position to help your customers.
- The Mortgage Lending Process
- Major Loan Programs
- Financing Options
Seat time approximately one (1) hour.