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Consumer
and Real Estate Lending
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+
click on the course titles for additional details +
| LEN01 |
Understanding
Consumer Credit
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Good
and bad credit, terms and conditions, loan documents, rates, term,
amortization, security |
| LEN02 |
Loan
Products |
Types of
loans – personal, IRA, demand, lines of credit, credit cards,
insurance |
| LEN03 |
The
Loan Application |
The
interview, application detail, automated processing, uncertainties
and opportunities |
| LEN04 |
The
Loan Approval Process |
8 C’s
of credit, automated processing and underwriting, investigating,
credit worthiness, debt ratios |
| LEN05 |
Verifying
Security |
Obtaining
approval, lending policies, verifying, assessing and registering
security |
| LEN06 |
Credit
Insurance |
Credit life
and disability, critical period, line of credit, credit card,
IRA, AD&D, GAP, home and auto |
| LEN07 |
Reg
B - Equal Credit & Fair Lending |
Fair
lending regs, discrimination, marital status, government monitoring,
credit scoring, notifications |
| LEN08 |
Reg
Z - Error Resolution |
Issuing credit
cards, unauthorized use, investigations, liability, cardholder
rights, error resolution |
| LAD01 |
The
Administrative Role |
Procedures,
filing, computer reports, credit inquiry information, credit checks |
| LAD02 |
Fees
and Files |
Creditor
insurance, claims, appraisal and inspection fees, paid out loans,
audits, lien searches |
| LAD03 |
Procedures
and Administration |
Personal
loans, conventional mortgages, secondary market, construction
mortgages, mobile home loans |
| LAD04 |
Managing
Registrations & Payouts |
Security
agreements, discharges, payouts, pre-approvals, post-dated file,
verifications, statements |
| REL01 |
Understanding
Mortgage Contracts |
Mortgage
features, pledge of security, fixed and variable rates, interest
calculation, amortization |
| REL02 |
Mortgage
Products and Features |
Loan to value
ratios, conventional, high ltv, residential, types of ownership,
construction, open and closed |
| REL03 |
Real
Estate Lending Participants |
Mortgagor,
guarantor, mortgagee, credit bureau, broker, underwriter, appraiser,
title, escrow, insurer |
| REL04 |
Property
Considerations |
Eligible
properties, standards, raw land, junior liens, mobile homes, condos,
coops, reverse mortgages |
| REL05 |
The
Mortgaging Process |
Interview,
qualifying, appraisal, approval, paperwork, insurance, taxes,
completion, advancing funds |
| REL06 |
Flood
Insurance & Property Valuations |
Flood Disaster
Protection Act, flood hazard determination, notice to borrower,
insurance, notice to FEMA |
| REL07 |
Home
Equity Lending |
Application,
interest rates, terms and conditions, title insurance, flood hazard,
notice of right to cancel |
| REL08 |
Mortgage
Paperwork |
Truth in
Lending, RESPA, flood hazard determination, disclosures, rescission
notices, closed and open |
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