Quality Control 101 - "QC For Conventional Loans"

 

 

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



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
  • 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


Quality Control 101 - "QC For Conventional Loans"
  * Marked fields are required.
Qty*
Price $495.00
Sale Price $395.00