REALTORS Roadmap to Mortgages-Part 2

Learn the three (3) loan silos available to Home Buyers today. This will educate REALTORS® to the many loan options available for both the W2 employee, Self-Employed and Retired Home Buyers. The overall course is to educates REALTORS® and real estate managers as to the basics of the home loan process, loan products and a general understanding of loan choices in today’s current market. 

Benefits gained by taking this course:
• Gain working” knowledge of mortgage lending to provide to their perspective Home Buyers. 
• Identify pertinent income questions to discern if a Buyer can qualify for a loan.
• Understand the Loan Process and the customer’s loan journey.
• Knowledge of credit reports & FICO scores.
• Knowledge of key people in the loan process and their roles.
• Knowledge of Qualified Mortgages vs. Non-QM Mortgages.
• Knowledge of different underwriting styles (i.e., the 3 loan Silo choices)

ALSO Participants will receive:
• PowerPoint Presentation
• Blank URLA (1003) Residential Loan Application
• Financial Needs List, Loan Process, 3 Loan Silo handouts
• List of “what NOT to do during the loan process”
• Buyer Financial Needs List
• List of “Key Players” in the home loan process

Instructor: Jeffrey Scott

Members: $10

All Others  (Outside of NSDCR): $20 (To register, This email address is being protected from spambots. You need JavaScript enabled to view it. - This email address is being protected from spambots. You need JavaScript enabled to view it.)