20 Hour (2-day) SAFE Comprehensive: Essentials of Mortgage Origination & Exam Prep (NMLS #1243)

THIS IS A 2-DAY COURSE - RUNNING 8:00 AM TO 7:00 PM FOR 2 CONSECUTIVE DAYS!


This 20-Hour Mortgage Loan Originator SAFE Comprehensive Course uses the "Mortgage Lending Principles and Practices," 3rd edition textbook, which was designed to meet the core criteria established by the SAFE Act for national mortgage loan originators, including three hours on federal lending legislation—including recent changes to the Truth in Lending Act and the Real Estate Settlement Procedures Act as a result of the Mortgage Disclosure Improvement Act—three hours on the critical topic of fair lending and ethics, and two hours on nontraditional lending products. In addition, the text presents elective topics selected to give students the information they need to successfully enter the mortgage lending field. This course provides a primer on the primary and secondary mortgage markets, as well as a review of the economic, legal, and valuation aspects of the real estate market. This text also details types of loan products and finance instruments—including conventional, government, and nontraditional financing tools—available today. Students will also learn the fundamentals of the residential mortgage lending process—from pre-qualifying potential borrowers, to understanding appraisals, to closing a loan.

20 Hour (2-day) SAFE Comprehensive: Essentials of Mortgage Origination & Exam Prep (NMLS #1243)

THIS IS A 2-DAY COURSE - RUNNING 8:00 AM TO 7:00 PM FOR 2 CONSECUTIVE DAYS!


This 20-Hour Mortgage Loan Originator SAFE Comprehensive Course uses the "Mortgage Lending Principles and Practices," 3rd edition textbook, which was designed to meet the core criteria established by the SAFE Act for national mortgage loan originators, including three hours on federal lending legislation—including recent changes to the Truth in Lending Act and the Real Estate Settlement Procedures Act as a result of the Mortgage Disclosure Improvement Act—three hours on the critical topic of fair lending and ethics, and two hours on nontraditional lending products. In addition, the text presents elective topics selected to give students the information they need to successfully enter the mortgage lending field. This course provides a primer on the primary and secondary mortgage markets, as well as a review of the economic, legal, and valuation aspects of the real estate market. This text also details types of loan products and finance instruments—including conventional, government, and nontraditional financing tools—available today. Students will also learn the fundamentals of the residential mortgage lending process—from pre-qualifying potential borrowers, to understanding appraisals, to closing a loan.