Mastering the Pre-qualification Process of a Mortgage Loan
What you'll learn
- You will be able to pre-qualify borrowers for all types of loans
- You will be able to identify who qualifies for a mortgage and who does not
- You will be able to understand what key ratios borrower need to qualify for
- You will be able to distinguish the difference between pre-qualfying a borrower and pre-approving a borrower
- You will be able to pre-qualify a borrower manually and digitally
- You will be able to close more loans
- You will be able to increase your income and take more applications
- You will become much better in your career overall
- Must understand English.
- High School Diploma level Mathematics
Mastering the Pre-qualification Process of a Mortgage Loan is a very intelligent decision that will increase your profits by at least 2 - 3x's and can have a significant effect on your financial future. Knowing how to start the entire process is the key to success when financing real estate!
In this in-depth course, you'll learn how to pre-qualify borrowers for all types of loans. From how to pre-qualify a borrower for an FHA loan to running a loan through DU or LP and getting an "approved/eligible" status, these lectures are designed for any one who is in the world of finance and particularly mortgages. If you're a real estate agent, processor, mortgage loan originator, underwriter, banker, etc., this course will take your game to the next level and save you time while increasing your income. With real world examples demonstrating exactly how to execute each step of the pre-qualification process, you'll find out exactly how to do less and make more by using my personal pre-qualification formula, which means you'll learn how to work less hours and increase approved borrowers which will also increase your closings and profits.
Main benefits of this course and of being able to efficiently pre-qualify borrowers:
- Increase you're income by 2 - 3x's or more
Most people who put into practice what they learn in this course will have some of the best years of their career. Go from making $60,000 to $120,000. For people who are consistent with the process they learn can even make $150,000+
- Spend less hours on the phone or in-person taking pre-qualifications
- Learn what you need to do to set up a proven pre-qualification process
- See immediate results while having more free time
If you already know the basics of how to pre-qualify borrowers and want refresh your memory or are just starting out and want to learn more in depth, this is the course for you. If you want to be successful in this industry, you can't leave things to luck. You need to know how to pre-qualify more people in less time and know they will be approved for a home loan when you provide them a pre-qualification letter. This takes the right knowledge and the right skills which is what this course will provide you with.
The first section of this course will teach you how to overcome three major obstacles in the pre-qualification process: how the entire pre-qualification process works. What type of pre-qualification method is the best and most efficient. In the second section of this course, I will teach you my personal pre-qualification method, how to save a Fannie Mae 3.2 file, and other important processes that will improve your productivity while increasing customer satisfaction. In the third section of this course, you will see live examples and will learn how to pre-qualify borrowers for FHA, conventional, VA, and USDA loans even if they're purchasing a home or refinancing their current one, and you will learn how to read and understand a pre-qualification letter.
In the end, you'll have the tools necessary to pre-qualify borrowers faster and will have a seamless technique to make the rest of the process a success. A course diploma will be available to you when all sections have been completed at 100% which you can save or print. For instructions on downloading your course diploma you can go to: https://support.udemy.com/hc/en-us/articles/229603868-Certificate-of-Completion
Joseph Correa is the founder and CEO of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. Having closed hundreds of mortgage loans and pre-qualified thousands of borrowers, he has the necessary knowledge to help you become a success. In the past, he has also owned a correspondent lender business and invested in real estate.
Who this course is for:
- Anyone looking to start a new career in real estate and wants to be a step ahead of the competition
- Anyone who wants to work from home and online
- Mortgage loan originators looking to start their own business
- Students who want to make a large income no matter what your age
- Anyone who is in banking and wants to become more knowledgeable and more efficient
- Anyone who wants to know how the pre-qualification process works
- Students who want to make a large income no matter what your age
- Anyone who wants to learn to process mortgage loans
Hi, my name is Joe Correa, and I'm a multi-business entrepreneur with years of experience in real estate, mortgage, personal finance, and investment advisory in Florida. I believe in living a financially independent lifestyle by maximizing your strengths and creating passive income streams to balance your life. I've chosen to follow the path of philanthropy by helping others to fulfill their dreams by reorganizing their financial lives in a way that would give them the most free time while increasing their income. I believe in not working harder but instead in making money and knowledge work hard for you. I am the author of several books and am very passionate about teaching. Once, you become one of my students, you can message me and ask me anything you have doubts on. I can't wait to see you inside one of my courses.
These are some of the books I have written besides the courses I have created online.
Joe Correa is the author of:
"The Compound Interest Millionaire"
In this book, Joe teaches you how to retire wealthy by using the power of compound interest.
"How to Pay Off Your Mortgage in 6 to 8 years"
Learn how to eliminate your mortgage debt in just a few years using new techniques that will allow you to own your home free from debt.
"Rich Kids Made Simple"
Teaching our kids how to manage their finances at a young age is the only way to prepare them for life and all the financial pitfalls that can appear in their path.
"How to Take Your Credit Score from 0 to 800"
Managing your credit is necessary in our economy and this book teaches you to save the most on interest by having the best credit scores.