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Loan Officer Boot Camp – CMBA
March 14 @ 9:00 am - 4:00 pm
Connecticut Mortgage Bankers Association’s Loan Officer Boot Camp – RIMBA Members are invited to attend at “Member” prices
March 14 – 15, 9:00am – 4:00pm
Bristol, CT
Back by popular demand!! MaryKay Scully from Enact
provides a comprehensive training program (conventional loans) for your origination staff. Attend one of these sessions and learn:
Complete Overview of Mortgage Lending and Conventional Loans including:
- Understanding mortgage industry lingo
- Identify different types of mortgage lenders, investors & departments
- Understand and explain different loan types and programs
- Thoroughly and accurately complete a loan application
- Calculate mortgage payments, assets and income with Qualified Mortgage and Ability-to-Repay Guidelines
- Read and understand credit reports and credit scores
- Understanding the nuances of Automated Underwriting Systems (AUS) -Fannie Mae’s Desktop Underwriter (DU) & Freddie Mac’s Loan Product Advisor (LP)
- Reviewing documentation for accuracy and acceptability
- Increase borrower satisfaction
- Enhanced awareness of compliance and fraud issues
Who should attend?
●Originators ● Processors ● Staff needing cross-training or a refresher course ●New hires into mortgage lending!