Mortgage Loan Bootcamp - April 4th & 5th
Location: |
| Four Points Sheraton |
| 1125 Boston-Providence Turnpike |
| Norwood, MA |
When: |
| April 4th & 5th, 2023 |
|
Program: 9:00 AM - 4:00 PM (registration starts at 8:30 AM) |
|
Cost Members $325 Non-Members $475 |
Back by popular demand, MaryKay Scully from Enact provides a comprehensive training program (conventional loans) for your origination staff. Attend this session and learn:
Complete Overview of Mortgage Lending and Conventional Loans including:
- Understanding mortgage industry lingo
- Identify different types of mortgage lenders, investors & departments
- Understand and explain different loan types and programs
- Thoroughly and accurately complete a loan application
- Calculate mortgage payments, assets and income with Qualified Mortgage and Ability-to-Repay Guidelines
- Read and understand credit reports and credit scores
- Understanding the nuances of Automated Underwriting Systems (AUS) -Fannie Mae’s Desktop Underwriter (DU) & Freddie Mac’s Loan Product Advisor (LP)
- Reviewing documentation for accuracy and acceptability
- Increase borrower satisfaction
- Enhanced awareness of compliance and fraud issues
Who should attend?
●Originators ● Processors ● Staff needing cross-training or a refresher course ●New hires into mortgage lending!
