The Title Process – Course Code O6060SP
Description: This course concentrates on one of the basic concepts related to the mortgage loan cycle: title insurance. This course will provide students with an overview of reasons for title insurance, types of title insurance, and key elements of title. It also discusses the steps in the title process and some important details of the closing and post-closing process.
Audience: Mortgage loan closers, Loan Originators, Underwriters, Processors
Learning Objectives
After completing this course, students will be able to:
- Define title insurance terminology
- Identify key elements of title insurance
- Recognize the components of the title report
- Analyze the key sections of a title commitment
- Identify title exceptions
- Explain disclosure and closing protection letter requirements
Banker’s Edge / OnCourse Learning
