Topics
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Title:
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FHA for Loan Officers: The Best Alternative in the Marketplace
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Time:
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2 hours
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Leslie Petersen maintains a passion for FHA mortgage loans and is able to show mortgage loan officers how to use FHA to make their loans work. The FHA program is a great alternative to sub-prime, and is typically a much better program for the client. The credit qualifying leniencies are amazing, and few realize that FHA has the best refinance program on the market. Commissions earned on FHA are comparable or higher than those for other programs available.
In the two hour course, the originator gains sufficient knowledge to determine whether FHA is right for their client, when to use it, how to use it and how to qualify their borrowers.
What you will learn:
- How to use the FHA program to approve clients
- When FHA is the right program, when it's not and why
- About FHA, basic parameters you need to get your clients approved
- How to credit qualify borrowers
- Taking an FHA loan application
- How to market FHA and earn higher commissions
- The FHA refinance including the 95% cashout (refinance of any underlying loan type)
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Title:
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FHA for the Loan Officer: From A to Z
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Time:
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6 hours
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This 6 hour course is for the serious loan officer who wants to learn FHA from A to Z, includes all of the above course in greater detail, plus:
- The entire FHA language and FHA eligibility guidelines
- The MCAW documentation
- Unusual sources for allowable assets
- Secrets for getting difficult loans approved, including TOTAL and AU secrets
- Details the DE Underwriter looks for
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Title:
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What You Don't Know About Compliance CAN Hurt You!
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Time:
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90 minutes
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A review of 9 federal laws that affect all lenders and brokers. Learn the latest and most pertinent information about RESPA, FACTA, the Privacy Laws, Junk Fax, Do Not Call and more. Discover the serious ramifications of non-compliance that can affect you directly, and walk away with a simple, three-part plan to implement prevention measures in your shop.
What you will learn:
- RESPA
- TILA
- Fair Credit Reporting ACT (FCRA)
- Fair and Accurate Credit Transaction Act (FACTA)
- Flood Disaster Protection Act (FDPA)
- Gramm-Leach Bliley Act (Privacy Act)
- Junk Fax Prevention Act
- Do Not Call (DNC)
- Patriot Act
...With an emphasis on RESPA, TILA and the Privacy Laws.
