We invite you to join us for our next training class, Loan Processing Solutions. Our online Loan Processing Solutions training class is delivered in 4-powerful, interactive modules that will help move you from loan processing doubt, confusion and delays to loan processing with speed, accuracy and efficiency. Here’s what you can expect from this power-packed series:
Module 1:
Compliance and Credit: What You Need to Know to Keep Your Head in the Game
It’s one thing to know what Regs you’re supposed to follow and quite another to know exactly what actions you need to take to adhere to them. We’ll cover the important aspects of compliance from licensing, to documentation, to communication with borrowers. We’ll also explore the world of credit from both the borrower’s and the underwriter’s perspective. In Module I, you’ll learn:
- Current regulations that impact loan origination and processing careers
- Compliance regulations that impact your loan file documents
- Typical violations that cause problems down the road
- How to analyze your borrower’s credit profile
- How to address and document the resolution of credit issues in a loan file
Module 2:
Loan Processing Resources: The Quest for Speed, Accuracy and Efficiency
There’s always more than one way to get the job done. When it comes to loan processing, no matter what system you use you’ll be at your best when you can get it done quickly and efficiently. In this module, we’ll discuss a variety of resources that help you keep things flowing in the right direction. In Module 2, you’ll learn:
- The basic resources that every great processor has in their toolkit
- How to get the most out of your existing resources
- Easy and affordable ways to get the help you need
Module 3:
Analyzing and Preparing Your Loan File: The Secret to Getting It Right the First Time
More often than not, a file that experiences a significant delay (or even a denial) in underwriting should have been scrapped or repackaged before it ever crossed the underwriter’s desk. Having the skill to thoroughly evaluate a file and address potential issues early-on is a must for quick turn-around time. In this section, we’ll discuss what can be done during processing to eliminate pipeline chaos. A few of the tidbits you’ll discover in Module 3 include:
- Critical processing checkpoints
- Easy ways to get what you need for your file
- Final review before underwriting
Module 4:
Underwriting Checkpoints: Easy Ways to Expedite the Loan Approval Process
Tired of getting clobbered with mountains of underwriting conditions? Still avoiding phone calls and emails from anxious borrowers? If your gut tells you “there’s got to be a better way!” you’re right… there is! In this module, you’ll learn exactly what you need to know to shave days (maybe even weeks) off of your underwriting time. In Module 4, you’ll learn:
- The red flags that underwriters are trained to look for
- How to expedite your file with any lender
- What to do when you encounter underwriting problems
- How to make sure your loan funds on time
Bonus Training Included:
More than $200 worth of practical, powerful training
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An instant download of our signature training workbook, Loan Processor In-a-Box (an $87 value)
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An instant download of our credit education book, Sharpen Your Credit IQ (a $47 value) and
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An instant download of our empowering career guide, Slamdunk: 101 Ways to Win at Loan Origination and Processing (a $67 value)
Frequently Asked Questions about our Loan Processing Solutions class:
1. Is this class live?
Each module of the class is delivered online with video, audio, an online interactive quiz and worksheets
2. How can I get help if I have questions while completing my training?
The training section for each module contains a question and answer section. You can simply enter your question for us to review and answer. Responses to questions from all students will be posted for viewing.
3. How long is the class?
The class is 4 weeks long. You receive access to a new module each week. Plan to devote 2-3 hrs per week to training. You will have an opportunity to review the material and complete the interactive portion before the next module is presented. The content for all 4 training modules will remain available to you for 30 days after the delivery of Module 4.
4. Is this training state-specific?
No. This training is not state-specific. It covers core industry principles that are applicable nationwide. During the training, you will receive details on how you can access information that is unique to your state or locations where you originate or process loans.
5. Will I receive CE credits for participating in the class?
This is not an accredited class. Therefore you will not receive CE credits. This is considered as career development training for which you will receive a certificate of completion.
6. When will I receive my bonus materials?
Bonus materials are received with Module 1.