Introduction to the Mortgage Process 1.0
Interview and Application
Description
The mortgage loan application process is a great time to get to know the borrower. This has two benefits, uncovering tricky details early and building a relationship for future referrals.
This class will give you familiarity with the application and pointers to make the conversations flow smoothly. You will gain confidence in the process and structure quality loans. You will have answers to your borrower's many questions.
The class informs you about various documentation required to verify the data on the application. The goal is to teach you to think logically about what type of documentation would suffice in each instance since each borrower’s profile is different – no two loans are alike.
You will learn to set expectations with the borrowers from the beginning and establish a relationship, so they are eager to help and willing to obtain the documentation necessary for their specific situation.
Your processors, underwriters, and closers will enjoy your pipeline and trust the quality of your submissions.
This training will strengthen your business, enable you to proactively solve problems, and develop more satisfied customers.
Thank you for trusting us enough to embark on this adventure with us. We hope you complete this class feeling empowered.
Sincerely ~ Angela, Crystal, Dorian, Megan, and Jennifer.
PS – We would love to hear any feedback you have once you complete this course. Please send your brilliant ideas to us.
What You Will Learn!
- Develop the confidence and proficiency needed to engage in meaningful conversations with new borrowers during the interview process.
- Gain a fluent understanding of the various components of a mortgage application, enabling you to work with them proficiently
- Acquire in-depth knowledge about the specific documentation requirements for each section of the mortgage application.
- Learn how to establish clear expectations with borrowers right from the start, ensuring a smoother mortgage application process.
Who Should Attend!
- This course is primarily tailored for professionals in the MORTGAGE and REAL ESTATE sectors who are keen on refining their mortgage application process. It caters to individuals who seek to enhance their proficiency in working with borrowers once the application process has commenced.