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COURSE DESCRIPTION: 

The course is an ideal fit for mortgage professionals wishing to enter the Quality Control area of mortgage lending, as it relates to Conventional mortgage loans. This instructor-led online training course covers the basics and gives an overall understanding of what a Quality Control plan consists of.

COURSE OUTLINE:

• Overview
• FNMA/FHLMC
• FNMA/FHLMC Specifics
• What to Look For
• Pre-funding Review
• Post Closing Review
• Record Retention
• Lender Audit
• GSE Selection
• Significant Defects
• Mortgage Insurance
• Remedies to Defects
• Payment or Repurchase
• Red Flags: Loan Application
• Red Flags: Credit Report
• Red Flags: Income & Employment
• Red Flags: Assets
• Red Flags: Appraisal Report
• Red Flags: Sales or Purchase Contract
• Red Flags: Legal & Closing Documents
• Red Flags: Owner Occupancy
• Red Flags: Underwriting Decisions
• Red Flags: AUS Findings
• Red Flags: Exclusionary Lists
• Red Flags: Anti-Predatory Lending
• Red Flags: Fraud Prevention
• Helpful Links
• FNMA Website Review
• FHLMC Website Review
• File Review
• Multiple Practice Quizzes

**Note: The course outline above may not be 100% accurate as we change curriculum periodically throughout the year. We also reserve the right to change course curriculum and/or discontinue this course at any time.

COURSE FORMAT:

• Instructor-Led Online Webinar
• Duration: 24/7 Access for 1-Year
• All Course Materials are Downloaded as PDF Files
  
• Source Links Included - Get Further Clarity & Updates
  
• Certificate of Completion Downloaded as a PDF File
• Job Search Resources (Upon Request)
  

WHO SHOULD ATTEND: 

Aspiring mortgage QC professionals wishing to learn the mortgage quality control process, from A to Z. Whether you're unemployed and looking to enter the mortgage profession, or you're currently working at a bank or lender as a mortgage QC specialist, this mortgage QC training program will provide the skills you need to succeed as an effective mortgage professional. 

HOW IT WORKS: 

As soon as you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training IMMEDIATELY.

ABOUT THE INSTRUCTOR: 

Each CampusMortgage® instructor has an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more. 

SYSTEM REQUIREMENTS: 

You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. 

GRADUATION: 

Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.

REFUND POLICY & TERMS OF USE: Before purchasing any CampusMortgage® training class, we recommend you thoroughly read our Refund Policy & Terms of Use.

Need Help? Call us today toll-free at 1-800-423-1510 Press 1