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Consumer
and Real Estate Lending
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+
click on the course titles for additional details +
| LEN01 |
What
is Consumer Credit? |
Good
and bad loans, terms and conditions, loan document, rates, terms,
amortization, security |
| LEN02 |
Loan
Products |
Personal
loans, demand loans, RRSP loans, lines of credit, credit cards,
creditor insurance |
| LEN03 |
Application
and Assessment Process |
Interview,
application, uncertainties and opportunities, completing, maintaining
the relationship |
| LEN04 |
The
Background Stuff |
8 C’s
of credit, investigating, credit worthiness, debt service ratios,
refinancing, payment schedules |
| LEN05 |
The
Approval |
Obtaining
approval, lending policies, security, verification, registering
collateral |
| REL01 |
What’s
a Mortgage |
Mortgage
contract, features, fixed, floating and variable rates, interest,
amortization, term, payments |
| REL02 |
The
Big Picture |
LTV
ratios, conventional and high ratio, types of ownership, construction
mortgages, raw land |
| REL03 |
The
Players |
Mortgagor,
convenantor, mortgagee, credit bureau, underwriter, broker, appraiser,
notary, insurer |
| REL04 |
The
Property |
Eligible
properties, urban property standards, rural property standards,
raw land |
| REL05 |
The
Mortgaging Process |
Interview,
qualifying, appraisals, submission to CMHC, insurance, taxes,
completion and possession |
| LAD01 |
Your
Role |
Procedures,
filing, computer reports, credit inquiries, credit checks |
| LAD02 |
Details…Details |
Creditor
insurance, death claims, appraisal and inspection fees, paid out
files, audit, lien searches |
| LAD03 |
Disbursing
Funds |
Personal
loans, conventional mortgages, CMHC and construction mortgages,
mobile home loans |
| LAD04 |
Lending
Support |
Registering
security agreements, discharges, payouts, commitment letters,
confirmations, statements |
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