Section 1 : BECOME A MORTGAGE LOAN PROCESSOR

Lecture 1 What does a loan processor do 0:36
Lecture 2 Why should you become a loan processor 0:27
Lecture 3 Who should consider becoming a loan processor 0:33
Lecture 4 Benefits of becoming a loan processor 0:33
Lecture 5 Loan processor duties 0:43
Lecture 6 INTRODUCTION TO BRAINMEASURES PROCTOR SYSTEM Pdf
Lecture 7 The loan processors job 0:33
Lecture 8 About Certification Pdf
Lecture 9 Employer expectations 0:23
Lecture 10 How are loan processors paid 0:41
Lecture 11 How much do loan processors get paid 1:1

Section 2 : GET STARTED AS A LOAN PROCESSOR

Lecture 12 What is required to become a loan processor 0:19
Lecture 13 Do I need to become certified 0:23
Lecture 15 Working from home or in an office environment 0:41
Lecture 16 About Proctor Testing Pdf
Lecture 17 Become an approved contract processor with different lenders 0:39

Section 3 : BREAKING IT DOWN

Lecture 18 The general loan process 2:46
Lecture 19 1 Loan origination 0:32
Lecture 20 2 Income and assets 0:44
Lecture 21 3 Credit and liability information 1:21
Lecture 22 3 1:27
Lecture 23 4 Submitting the loan to underwriting 2:4
Lecture 24 4 0:48
Lecture 25 5 Loan approval 0:37
Lecture 26 6 Obtaining loan conditions 0:48
Lecture 27 7 Ordering the appraisal 0:54
Lecture 28 7 0:29
Lecture 29 8 Ordering the homeowners insurance and title documents 0:23
Lecture 30 8 1:11
Lecture 31 9 Ordering a verification of employment or a verification of deposit 0:50
Lecture 32 9 0:30
Lecture 33 9 0:35
Lecture 34 10 Obtaining a mortgage payoff 0:44
Lecture 35 10 0:26
Lecture 36 11 Sending loan conditions to underwriting 0:34
Lecture 37 11 0:40
Lecture 38 11 0:48
Lecture 39 12 Locking the interest rate 0:25
Lecture 40 12 0:31
Lecture 41 12 1:9
Lecture 42 12 0:37
Lecture 43 12 0:38
Lecture 44 13 Once you obtain a clear to close 0:27
Lecture 45 14 Requesting the closing documents and a closing date 0:48
Lecture 46 15 Saving a complete file in digital format 0:51
Lecture 47 16 Running quality control checks on all files 0:43
Lecture 48 17 Compliance with all Federal and State laws 0:26

Section 4 : PREPARING A COMPLETE FILE

Lecture 49 What documents are needed on each and every file 0:57
Lecture 50 What disclosures are necessary for a compliant file 0:48
Lecture 51 A quick interruption 1:6
Lecture 52 1003 Uniform residential loan application 10:7
Lecture 53 Loan Estimate 7:27
Lecture 54 Truth-in-lending disclosure statement 1:2
Lecture 55 Affiliated business disclosure 1:7
Lecture 56 Borrower signature authorization 0:54
Lecture 57 Borrowers certification and authorization 1:39
Lecture 58 Optional Credit life-credit disability 0:21
Lecture 59 Flood hazard notice 1:30
Lecture 60 Disclosure notices 3:6
Lecture 61 Mortgage loan origination agreement 2:22
Lecture 62 Equal credit opportunity act (ECOA) 0:53
Lecture 63 Notice to home applicant 0:55
Lecture 64 Esign disclosures 1:13
Lecture 65 Always save a Fannie Mae 3 0:28

Section 5 : COMMON DOCUMENTS PROCESSORS NEED TO BECOME FAMILIAR WITH

Lecture 66 How to complete a verification of employment (VOE) 2:58
Lecture 67 How to complete a verification of deposit (VOD) 2:10
Lecture 68 Homeowners insurance (HOI) request process 2:41
Lecture 69 Title documents request process 3:41
Lecture 70 Homeowners insurance invoice 0:43
Lecture 71 Insurance binder example 1:6
Lecture 72 Payoff request using a mortgage statement 1:26

Section 6 : LENDERS WEBSITE NAVIGATION

Lecture 73 Uploading a Fannie Mae 3 0:56
Lecture 74 How to request DU or LP and how to reissue credit 0:55
Lecture 75 Date tracking for the entire loan process 4:18
Lecture 76 Generating initial loan documents for borrower signature 1:23
Lecture 77 Using a lenders document-less process 0:49
Lecture 78 How to submit a file to underwriting 1:12
Lecture 79 Viewing all loan documents saved and archived 0:51
Lecture 80 Save a complete file for auditing purposes 0:46
Lecture 81 Saving a Fannie Mae 3 1:17

Section 7 : KEY FACTORS WHEN PROCESSING MORTGAGE LOANS

Lecture 82 Common minimum credit score requirements 1:27
Lecture 83 Debt to income ratios processors need to know 0:40
Lecture 84 Calculating the loan to value for specific loan programs 0:43
Lecture 85 Processors specific PITI calculation 0:47
Lecture 86 Partnering with credit repair companies to help borrowers qualify 0:30
Lecture 87 Using a loan origination software (LOS) that easy and fast to use for processors 0:30
Lecture 88 Loan processing made easy with these lenders 0:30
Lecture 89 General overview of Calyx Point for processing purposes 11:55

Section 8 : Compliance and quality control checks

Lecture 90 Transaction journal example 0:56
Lecture 91 CRM reports 5:47
Lecture 92 Compliance checklist for each loan closed 8:10