I think you will agree with us that quality training:

• Requires users to apply knowledge – not just memorize definitions or facts
• Provides practice making decisions along with the consequences from each decision
• Shortens the learning curve to 3 weeks or less
• Allows your producers to produce – not train
• Provides multiple training formats to meet different learning needs

We’ve been training loan officers and processors for almost 15 years.  We know it’s important to be comprehensive – the training should also become a reference tool for future loan transactions. 

What skills can you expect to develop with this training?  We can’t list them all, but to give you an idea:

• Read rate sheets
• Price loans to cover situations (Closing costs?  Pricing adjustments?  Rate adjustments?)
• Accurately estimate closing costs and prepaids
• Calculate LTV / CLTV and understand limits for various programs / properties
• Understand sales and finance concessions and their impact on your approval
• How to select a loan program
• How to review  the HUD-1 – make sure you get paid!
• Income guidelines
• Credit guidelines
• Asset guidelines
• Know the difference between note rate and qualifying rate
• Property guidelines
• Which questions to ask and why
• Calculate self-employed borrower income
• Understand state and federal regulations
• Adjust to borrower preferences / situation changes

Effective training will be save you time and money.  Click on a category shown above to get started or call us at 801-576-9547 for corporate discounts or personalized training.