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| Principles of Mortgage Origination |
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| Name: |
Principles of Mortgage Origination |
| Hours: |
22.50 |
| Course Code: |
C1161 |
| Schedules by Location: |
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| Designed for the entry level student who has no industry or related background. Upon course completion, the student is ready to perform the basics of loan origination. After completion of this course, students will be able to: Understand the flow of a loan application file from origination to post-closing; Understand the importance of a loan applicant's financial picture and calculate the numeric ratios used to determine loan eligibility for either Conventional or FHA/VA programs; Recall rules and regulations of mortgage lending and accurately understand compliance issues; Understand the functions of the various positions within mortgage lending; Understand the basics of Conventional and FHA/VA loan programs. |
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