
Discover how profitable it is to become a mortgage loan originator, with opportunities in investor and hard money loans across rising or falling rates.
Learn how loan originators speed closings by taking a hands-on approach, knowing what to request in advance, and efficiently ordering insurance, title, appraisal, and income verification.
Choose a flexible schedule as a mortgage loan originator and build a smart, efficient process to close loans by daily outreach to realtors and clients with product and rate updates.
Identify lead sources for a mortgage loan originator by prioritizing realtors, past customers, and friends and family, and leverage free sources, fast responses, and ongoing referrals.
Learn how to prequalify a borrower using Blink, set up applications, collect essential personal and financial data, and track loans through the pipeline for efficient mortgage origination.
Learn to access the pipeline, download files or send to uw, copy the direct prequalification link, and share with borrowers and realtors to streamline prequalification.
Ask learners to rate and review the course to boost its rank and support the instructor's ability to create more courses.
Review the borrower's loan information in the lender portal, verify product type, down payment source, LTV, and ensure accuracy before underwriting.
Master verification of income and assets with Dockless tools, assess liabilities and DTI impacts, and navigate details of transaction, declarations, and government monitoring for mortgage prequalification and underwriting.
Master the fees section of the loan application by reviewing origination fees, third party and government fees, and initial escrow and prepaid items, then review the loan estimate.
Prequalify borrowers by selecting a credit vendor, entering credentials, and reviewing the credit report. Attach documents, submit to underwriting, and export the 3.4 loan file.
Learn to delegate loan processing using processor assist, gather borrower documents, and efficiently order payoffs, condo records, title and insurance, all through the lender's portal.
Price out and quote interest rate ranges, lock or float rates, and tailor purchase or refi scenarios with loan type, LTV, credit score, and mortgage insurance options.
Learn to read interest rate ranges for a conforming 30-year fixed loan, compare rate credits and closing costs, and decide when to lock or float rates and manage payments.
Leverage technology to store mortgage documents online with Dropbox, Google Drive, and Microsoft OneDrive, scan from your phone, and upload in XML or Fannie Mae 3.2 formats to lenders.
Learn to use dropbox to securely download, share, and sign mortgage documents in digital formats, including pdf, and scan with your phone for fast closing packages.
Create and name a borrower folder in Dropbox, share it with the broker via email, indicate pre-qualified status, and upload documents from any device to ensure auditable, efficient mortgage processing.
Learn to audit mortgage originations ethically by guiding borrowers toward legitimate options when they don’t qualify, such as income increases, a co-borrower, or gift funds, and avoid fraud.
Learn about the six-month IPO clawback in mortgage origination, how commissions must be returned if borrowers refinance or close within six months, and why asking about property plans matters.
Have you ever wanted to start working at a mortgage company but didn't know where to start? Are you looking to start a career in the mortgage industry? This course prepares you to work for a mortgage company and can land you a job with Finibi Mortgage once you pass and finish all the lectures provided. No theory, only real on-the-job knowledge. Yes, once you finish this course and get licensed, you can close more loans!
The mortgage market is always growing and mortgage companies are always hiring. When interest rates are low, conventional, FHA, VA, and USDA loans are popular. When interest rates are high, investor loans are extremely popular and profitable. The mortgage industry is a great opportunity to increase your income even on a part-time basis and it gives you the chance to greatly increase your income for years to come. This course is simple and easy to understand since it takes you through the entire process step by step. It's directed towards people who have already obtained, are studying for, or want to take there mortgage loan originator license but anyone can take this course and then get licensed. It will teach you the behind the scenes, practical side of the business, not theory as most courses teach. Don't wait to change your life, change your life by taking this course.
WHAT WILL YOU GAIN BY TAKING THIS COURSE?
You will start make a great income on a part-time or full-time basis (you make your own schedule!)
Earn high commissions (most starting LO's make $60,000+ on average)
Learn how the entire mortgage process works from A to Z
Discover how to use technology to automate the entire process
Start a long lasting career in real estate financing
This course covers:
How to prequalify a borrower using lender technology
How to price an interest rate and understand what a rate credit is and what buying down an interest rate means
What you can do to delegate the processing side of the business
How to run DU and LP to pre-underwrite loans
Where you need to go to store digital files and share them with your team members and broker
How to go over a loan application and how to order an appraisal
Once you finish this course, you can download the course certificate which will allow you to land a job with a bank, lender, or mortgage company. Also, I offer a 30 day money back guarantee so you can cancel if you are not completely satisfied so you have nothing to lose.
It’s time to get started with this course.