Section 1 : BECOME A MORTGAGE LOAN PROCESSOR
Lecture 1 What does a loan processor do 00:00:36 Duration
Lecture 2 Why should you become a loan processor 00:00:27 Duration
Lecture 3 Who should consider becoming a loan processor 00:00:33 Duration
Lecture 4 Benefits of becoming a loan processor 00:00:33 Duration
Lecture 5 Loan processor duties 00:00:43 Duration
Lecture 6 INTRODUCTION TO BRAINMEASURES PROCTOR SYSTEM
Lecture 7 The loan processors job 00:00:33 Duration
Lecture 8 About Certification
Lecture 9 Employer expectations 00:00:23 Duration
Lecture 10 How are loan processors paid
Lecture 11 How much do loan processors get paid 00:01:01 Duration

Section 2 : GET STARTED AS A LOAN PROCESSOR
Lecture 1 What is required to become a loan processor 00:00:19 Duration
Lecture 2 Do I need to become certified
Lecture 3 Working from home or in an office environment 00:00:41 Duration
Lecture 4 About Proctor Testing
Lecture 5 Become an approved contract processor with different lenders 00:00:39 Duration

Section 3 : BREAKING IT DOWN
Lecture 1 The general loan process 00:02:46 Duration
Lecture 2 1 Loan origination 00:00:32 Duration
Lecture 3 2 Income and assets
Lecture 4 3 Credit and liability information 00:01:21 Duration
Lecture 5 3 00:01:27 Duration
Lecture 6 4 Submitting the loan to underwriting 00:02:04 Duration
Lecture 7 4 00:00:48 Duration
Lecture 8 5 Loan approval 00:00:37 Duration
Lecture 9 6 Obtaining loan conditions 00:00:48 Duration
Lecture 10 7 Ordering the appraisal 00:00:54 Duration
Lecture 11 7 00:00:29 Duration
Lecture 12 8 Ordering the homeowners insurance and title documents
Lecture 13 8 00:01:11 Duration
Lecture 14 9 Ordering a verification of employment or a verification of deposit 00:00:50 Duration
Lecture 15 9 00:00:30 Duration
Lecture 16 9 00:00:35 Duration
Lecture 17 10 Obtaining a mortgage payoff 00:00:44 Duration
Lecture 18 10 00:00:26 Duration
Lecture 19 11 Sending loan conditions to underwriting 00:00:34 Duration
Lecture 20 11 00:00:40 Duration
Lecture 21 11 00:00:48 Duration
Lecture 22 12 Locking the interest rate 00:00:25 Duration
Lecture 23 12 00:00:31 Duration
Lecture 24 12 00:01:09 Duration
Lecture 25 12 00:00:37 Duration
Lecture 26 12 00:00:38 Duration
Lecture 27 13 Once you obtain a clear to close 00:00:27 Duration
Lecture 28 14 Requesting the closing documents and a closing date 00:00:48 Duration
Lecture 29 15 Saving a complete file in digital format 00:00:51 Duration
Lecture 30 16 Running quality control checks on all files 00:00:43 Duration
Lecture 31 17 Compliance with all Federal and State laws 00:00:26 Duration

Section 4 : PREPARING A COMPLETE FILE
Lecture 1 What documents are needed on each and every file 00:00:57 Duration
Lecture 2 What disclosures are necessary for a compliant file 00:00:48 Duration
Lecture 3 A quick interruption 00:01:06 Duration
Lecture 4 1003 Uniform residential loan application 00:10:07 Duration
Lecture 5 Loan Estimate 00:07:27 Duration
Lecture 6 Truth-in-lending disclosure statement 00:01:02 Duration
Lecture 7 Affiliated business disclosure 00:01:07 Duration
Lecture 8 Borrower signature authorization 00:00:54 Duration
Lecture 9 Borrowers certification and authorization 00:01:39 Duration
Lecture 10 Optional Credit life-credit disability 00:00:21 Duration
Lecture 11 Flood hazard notice 00:01:30 Duration
Lecture 12 Disclosure notices 00:03:06 Duration
Lecture 13 Mortgage loan origination agreement 00:02:22 Duration
Lecture 14 Equal credit opportunity act (ECOA) 00:00:53 Duration
Lecture 15 Notice to home applicant 00:00:55 Duration
Lecture 16 Esign disclosures 00:01:13 Duration
Lecture 17 Always save a Fannie Mae 3 00:00:28 Duration

Section 5 : COMMON DOCUMENTS PROCESSORS NEED TO BECOME FAMILIAR WITH
Lecture 1 How to complete a verification of employment (VOE) 00:02:58 Duration
Lecture 2 How to complete a verification of deposit (VOD) 00:02:10 Duration
Lecture 3 Homeowners insurance (HOI) request process 00:02:41 Duration
Lecture 4 Title documents request process 00:03:41 Duration
Lecture 5 Homeowners insurance invoice 00:00:43 Duration
Lecture 6 Insurance binder example 00:01:06 Duration
Lecture 7 Payoff request using a mortgage statement 00:01:26 Duration

Section 6 : LENDERS WEBSITE NAVIGATION
Lecture 1 Uploading a Fannie Mae 3 00:00:56 Duration
Lecture 2 How to request DU or LP and how to reissue credit 00:00:55 Duration
Lecture 3 Date tracking for the entire loan process 00:04:18 Duration
Lecture 4 Generating initial loan documents for borrower signature 00:01:23 Duration
Lecture 5 Using a lenders document-less process 00:00:49 Duration
Lecture 6 How to submit a file to underwriting 00:01:12 Duration
Lecture 7 Viewing all loan documents saved and archived 00:00:51 Duration
Lecture 8 Save a complete file for auditing purposes 00:00:46 Duration
Lecture 9 Saving a Fannie Mae 3 00:01:17 Duration

Section 7 : KEY FACTORS WHEN PROCESSING MORTGAGE LOANS
Lecture 1 Common minimum credit score requirements 00:01:27 Duration
Lecture 2 Debt to income ratios processors need to know 00:00:40 Duration
Lecture 3 Calculating the loan to value for specific loan programs 00:00:43 Duration
Lecture 4 Processors specific PITI calculation 00:00:47 Duration
Lecture 5 Partnering with credit repair companies to help borrowers qualify
Lecture 6 Using a loan origination software (LOS) that easy and fast to use for processors 00:00:30 Duration
Lecture 7 Loan processing made easy with these lenders 00:00:30 Duration
Lecture 8 General overview of Calyx Point for processing purposes 00:11:55 Duration

Section 8 : Compliance and quality control checks
Lecture 1 Transaction journal example 00:00:56 Duration
Lecture 2 CRM reports 00:05:47 Duration
Lecture 3 Compliance checklist for each loan closed 00:08:10 Duration