Mortgage Training - Loan Originators, Loan Officers and Mortgage Processors
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The Practical Guide to Loan Processing

2019 Version - This product is designed to give the new or entry level processor all information necessary to be able to quickly learn to manage a pipeline.  Most processors learn the job in segmented pieces, moving from loan file set-up, data entry, and clearing conditions to managing a pipeline.  This book allows the processor to learn, step-by-step, the functions they are expected to execute. 
 
Processing has been described as the life blood of the mortgage business - a company lives or dies based on its ability to deliver excellent service.  Most of the burden for providing excellent service falls on the processing function.  Few companies have formal processing training.  This product is designed to help processors manage larger pipelines more efficiently.  
 
The reader learns the functions, challenges and career path of the processing position.  Detailed, step-by step instructions cover loan intake, loan file set-up, regulatory disclosure requirements, vendor management, file status reporting, borrower communication, file readiness determination, pre-underwriting review, working with automated underwriting, satisfying loan stipulations, pre-closing preparation and file audit preparation.  
 
Specific treatment of various specialty programs is included, such as construction loans, FHA and VA loans, streamline refinances, debt consolidation, brokered loans versus in-house underwritten loans.  Time management techniques, automation integration other management techniques.
 
Mortgage Processors may also want to take the on-line class, The Loan Processor Boot Camp,  which follows the curriculum outlined in this book, but which provides case studies and other active exercises. 
toc_practical_guide_to_processing_2019.pdf
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Text Books

Loan Officer's Practical Guide to Residential Finance
Practical Guide to Loan Processing
Practical Guide to Marketing

Courses

Loan Officer Boot Camp
Mortgage Processor Boot Camp

Policies and Procedures 

Origination
Processing
Underwriting
Closing/Funding
Post-Closing Quality Control
Operations/Human Resources
Information Security
Federal Compliance
Mortgage Servicing
Secondary Marketing

Single Plans

SAFE Act
Anti-Money Laundering
Fair Lending/Deceptive Practices
Appraiser Independence

Services

Online Training Login
Operational Audit Assessment
Internal Training Program Development

QuickStart Mortgage Training Programs
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