Massachusetts Mortgage Bankers Association’s Mortgage Loan Boot Camp – RIMBA Members are invited to attend at “Member” prices

April 4 – 5 – 9:00am – 4:00pm

Norwood, MA

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!