The role of the mortgage broker is to assist individuals and businesses in obtaining a mortgage loan that is suitable for their financial needs. The mortgage
broker typically acts as an intermediary between the buyer and the lender and must be licensed and familiar with the federal and state laws that regulate the mortgage industry.
Enjoy a successful mortgage broker career when you invest in mortgage
training now. Bank Training Center offers customized solutions specific for your career stage, needs, and more. You can learn the daily duties and tasks that a mortgage broker is wholly responsible for through these specialized seminars and online classes.
Mortgage Broker Training
There are a number of duties and responsibilities that come with being a home loan broker. Your customers will each need unique solutions to fit their individual financial needs. For instance, you will
need to be familiar with a range of state and federal regulations, rules, and procedures, because if you make an error anywhere, you will impact the overall mortgage loan package significantly.
How can you ensure that your suggestions and processes
are the right ones for your clients? Are you certain that you are on top of all the latest offerings in the home loan industry? How can you stay on top of all the different home loan products and varieties that come into the financial market every day?
How can you ensure that you will have all of the right answers, processes and more?
Use Bank Training Center to enroll in both basic and advanced education seminars to get the latest information in an easy and flexible manner!
Recommended Mortgage Certifications and Courses
Bank Training Center offers mortgage certifications and pertinent mortgage webcasts for your career needs. And to fit your busy schedule, we offer several formats for mortgage broker training,
including online mortgage broker training and certifications, mortgage broker seminars and conferences, and self-study mortgage broker training materials. So whether you are an experienced broker or have just entered the financial loan industry, our
training can help.
Simply click on our recommended Mortgage certifications and courses below, or search under "Professional Development" in the search box for your desired topic(s).
The loan modification process can be challenging, and proper training is imperative to insure that you follow the necessary procedures correctly and also that your client ends up with a correctly modified, helpful loan. This certification reassures your customers that you have the necessary knowledge to be trusted with the handling of their loan modification.
It's no secret that the real estate market is having some challenges. Homes are being foreclosed at a record pace, leaving more and more properies available at discount prices. Foreclosed homes usually require a degree of patience in listing them and selling them, and this designation is uniquely equipped to give you the top notch training you need in this niche.
This program is designed to give a loan processor a basic understanding of the FHA loan program and principles, mortgage calculations, FHA guidelines and loan file disclosure requirements, borrower income and credit analysis, appraisal and third party documentation, processing and pre-underwriting principles, credit and FHA systems guidelines, and teach best standards of practice relative to ethical lending and fraud prevention.
This educational track is designed to provide a loan originator with a complete understanding of the entire origination, processing, underwriting and closing fundamentals of the FHA lending program and process.
Loan Modifications are becoming very popular among mortgage professionals as a way to generate additional income. The industry is feeling more pressure to modify loans and now is the time to get educated with a quick and cost-effective three-hour live, instructor-led webinar.
Our FHA Direct Endorsement Underwriting provides the training you need to adequately understand and underwrite mortgage loans to FHA standards. Upon completion of this FHA DE Underwriting course, the student will have a complete understanding of the FHA Direct Endorsement procedure.
With the ability to be originated nationwide and with minimal documentation requirements, FHA Streamlines are fast becoming the next wave. This webinar teaches you everything you need to know about FHA streamline refinances.
Loan Processor 101 - "The Basics" is an in-depth study of conventional loan calculation and requirements. It provides intensive loan processing training in the basics of residential mortgage application, title, appraisal, credit reports and much more!
Our Appraisal Analysis Workshop is a fully-interactive online webinar designed to teach you the details that are required in each section of the real estate appraisal.
Designed to teach best practices where overall mortgage compliance is concerned, this class has been developed with Loan Originators, Processors as well as Underwriters in mind. Compliance concepts with regard to RESPA, Regulation Z, The Federal Truth In Lending Act, Regulation B as well as ECOA will be discussed along with disclosure requirements required to conform with Federal Law as well as FHA & VA.
This course will not only teach mortgage underwriters and processors acceptable documentation standards for Conventional, FHA and VA loan program types, but also to how to assess overall case file risk, determine when to downgrade to a refer and understand when documentation waivers are not acceptable.
This course is approved by the National Mortgage Licensing System and Registry - Course ID: 1135. This course will satisfy the PE education requirements set forth by the SAFE Act and NMLS. This course fulfills the required 20-hour comprehensive education required by NMLS.