Basics of Mortgage Processing
This title is one of the many courses available in the AllRegs Education Package subscription program!
This course will provide you with a greater understanding of the overall mortgage loan process and how loan processors fit into that process. It will also focus on the importance of the Uniform Residential Loan Application (URLA) as a central and vital document. You will also gain a greater understanding of key individuals and strategies on communication.
What will I learn?
Upon completion of the course, students will be able to:
- Identify the steps in the mortgage loan process
- Recognize the roles of key people in the loan process
- Explore specific job descriptions and best practices for processors
- Review the Uniform Residential Loan Application
- Discuss the importance of communication
How it works
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles, real world examples, and, where appropriate, video and/or audio recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. While course completion time varies per student, it will take approximately one hour to complete most courses.
Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.
*Restrictions apply. If your staff size exceeds 250, please consider the Enterprise AllRegs Education Package.