RESIDENTIAL MORTGAGE LENDER CERTIFICATE (ABA) – Course Code A6049SP

A thorough review of banking, credit analysis, and legal principles that support the mortgage process, underscoring relationship sales skills in addition to the mechanics of the mortgage loan. The certificate is designed for aspiring mortgage lenders and those individuals new to the mortgage area of the bank, including mortgage loan clerks, loan processors, and closers.

Required Courses:

• Banking Basics Suite or Principles of Banking or Banking Fundamentals
• Appraisal Procedures
• Basics of Mortgage Processing
• Completing the HUD-1 (optional)
• Determining Your Role in Fraud Prevention
• Discovering FHA Programs
• Effective Referrals Suite or Effective Client Referrals
• Essentials of Mortgage Lending
• Ethical Issues for Bankers
• Explaining Loan Modifications
• Mitigating Potential Fraud in Your Organization
• Mortgage Customer Counseling and Prequalification
• Personal Tax Return Analysis
• Preparing the Closing Disclosure
• Preparing The Loan Estimate
• Processing and Underwriting Credit
• Processing Income and Assets
• Reviewing the Appraisal Report
  * The entire Residential Mortgage Lender Certificate program is available as a self-paced online bundled program.

2020.08

ABA