This course includes all of the Loan Officer Skills courses assembled into one curriculum.  All courses required for loan officer initiation are included, from Mortgage Math through Complete Loan Application and Pipeline Management.  The text, "The Loan Officer's Practical Guide to Residential Finance" is included on-line for students to print and review off line. 

This Curriculum includes all of the courses designed to be taken by the processor as job initiation.  All courses, from Career Introduction through Loan Closing are included as a comprehensive curriculum. 

Understanding Buydowns - This mini-course is designed to describe features and functionality of temporary and permanent interest rate and payment buydowns.

We communicate in numbers in the mortgage business.  Understanding how we communicate and what these numbers represent is the first lesson in "numerate literacy".

Working with ratios is a fundamental loan officer skill.  Use the numbers to help explain the borrower's financing ability. 

This course is designed to give the user command of the financial calculator as a sales tool. Develop rapport by being a financial expert and solving borrower's qualifying problems. 

Understanding the different types of loans helps the loan originator find the program that best suits the needs of the borrowers.  With the myriad of programs, understanding loan types is another way that the loan originator can become an expert adviser. 

Fixed rate loans are more easily understood than other loan types,  But which type of fixed rate loan is best for the borrower?  This course teaches the factors that must be considered in choosing a fixed rate mortgage, and how the decision can be used to help build lasting rapport between borrower and loan originator. 

This course takes the student through all of the varieties of Adjustable Rate Mortgages, and teaches how to explain and compare ARMs for consumers. 

Loan Plan Specifications are the specific terms - product and underwriting parameters - that define whether a borrower is eligible for a loan.  By knowing these in advance, a loan originator can be certain that a borrower will be able to obtain a loan.  This Overview provides the foundation for understanding loan plan specifications. 

This course is designed to introduce the newly hired RBC Mortgage Loan Officer to the portfolio mortgage products the bank offers

Considering a career in Loan Processing?  This course gives the detailed duties and tasks that define the processors role. 

This course introduces students to all of the elements he or she will encounter in conducting daily duties - mortgage industry players, products, and regulations.  

This course teaches the processor how to Set Up or "open" a new loan file.  All of the steps required to begin the processing of a loan file are reviewed. 

Initial regulatory compliance usually is the responsibility of the file opener/set up processor.  This section details the compliance requirements of the mortgage loan file. 

Reviewing the credit documentation and evaluating the borrower's monthly debts are the first step in preparing the loan file for submission and underwriter approval.

This course reviews the documentation and treatments relating to the borrower's income.  Determing qualifying income, assuring documentation consistency, and avoiding income fraud are all covered. 

This course reviews the various sources of assets required to document funds required to close.  The documentation required, as well as the review of whether the borrower has sufficient assets for downpayment and closing costs, are reviewed in detail. 

This course is designed to take the student through a review of the loan file documentation that applies to the property.  Sales Contracts, Condominiums and PUDs, Investment Property, New Construction, and Appraisals. 

Preparing the file for underwriting is a last critical step.  Course includes checklist system for insuring all documentation is in file prior to loan submission. 

Truth-in-Lending is the most complex of the rules that define mortgage lending practices, and the one that is most subject to changing interpretation.  Being able to correctly explain the disclosures will help loan originators set borrowers at ease and make for a more trusting relationship. 

The APR Disclosure is the most difficult to explain and understand disclosure required by Truth-in-Lending.  This lesson explains how to compute the APR, which is the best way to understand the concept of the Finance Charge. 

Understanding Federal Credit Laws - Course covers details of the Equal Credit Opportunity Act, Fair Housing Laws, Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act and all credit related consumer protection laws.

This course updates students on changes in Federal laws and National business practices that have occurred over the past 1 to 2 years.  This is a useful primer for those whose last continuing education course was 12 months ago. 

Understanding Identity Theft - This course provides the details of Identity Theft Prevention and Detection as required by the Red Flags Act.  Topics covered include Types of Identity Theft, Information Security Procedures, Mortgage Industry Red Flags by Function (Origination, Processing, Underwriting, Closing, Post Closing)

Maryland State Law Course covers licensing requirements, prohibited practices and requirements for mortgage originators.

This course describes the licensing process and standards as well as the prohibited and required practices for participating in mortgage lending or brokering in the state of Virginia.

This series of courses meets the Maryland requirement for 20 Hours of Continuing/Pre-Licensing Education