This Residential Mortgage Lending training course covers construction and permanent financing for residential property; real estate law; documentation; mortgage loan servicing; the secondary mortgage market; the role of government in mortgage lending; and residential real estate as an investment. The discussion of underwriting, processing, and servicing will give participants a framework for learning the mortgage lending business and refining their existing knowledge. Additionally, the coverage of laws and regulations affecting mortgage lending provide an understanding of mortgage lending’s history and a glimpse into its future.
Topics include:
Mortgage Lending Overview
Mortgage Lending Process
Financial Instruments
Conventional Loans / Financing
Government Loan Programs
Nontraditional / Nonconforming Loans & Financing
Federal Financial Disclosure Laws
Federal Privacy Protection and Consumer Identification Laws
Federal Prohibition of Predatory Lending
The SAFE Act
Ethics in Mortgage Lending
Uniform State Test
Selected Consumer Protection Regulations
Financials and Calculations Review
The Successful Mortgage Loan Closing
Appendix
Hondros Learning / CFTEA
