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 Special Price, $695
1 (619) 888-7174 or register right here with Paypal

 
Below is a list of the topics we cover during our Seminars.

We Train Loan Officers To:

  • Speak to more people that may be interested in a Reverse Mortgage.

  • Complete a loan application accurately and legibly.

  • How to properly stack an application.

  • Perform their tasks and return conditions that make sense the first time.

  • Understand the details and variables of a Reverse Mortgage and how to share it with a Senior.

  • Use our Reverse Mortgage Website as a way to generate income.

  • Offer a Reverse Mortgage as a service and not a product.

  • Use the GFE financial calculator.

  • Explain GFE's, TIL's, APR's, and closing costs to borrowers so they understand them.

  • Improve Communication skills.

  • Improve House call skills.

  • Get a commitment from a borrower.

  • Understand secrets (there are four!) of successful loan officers.

  • Understand specific and tested marketing programs that will bring in business - guaranteed.

  • Utilize direct mail pieces, lead companies, fundraising programs, email ideas, website solutions, inexpensive advertising ideas, pre-written letters, flyers, knowing how to cultivate referrals and more.

Guidelines for Taking a Detailed Loan Application:

  • Getting Organized.

  • Conversation Sheet.

  • Things to Do Today

  • The Pre-Application Interview.

  • Additional Information Checklist.

  • The Face-to-Face Interview.

  • Explain the Reverse Mortgage Program.

  • How Much the House is worth.

  • How to get the payoff amount from the Mortgage Lender.

  • Addendum to Good Faith Estimate.

  • Lock-In Agreement.

  • The Truth-in-Lending Disclosure.

  • Completing the Loan Application.

  • Checklist of Documents Needed at Loan Application.

  • Equal Credit Opportunity Notice.

  • Notice Regarding Your Uniform Residential Appraisal Report.

  • Mortgage Servicing Transfer Disclosure.

  • Authorization to verify credit.

Processing the Loan:

  • Required Documents.

  • The Mortgage Credit Report.

  • The Uniform Residential Appraisal Report.

  • Answers to the Most Frequently Asked Questions.

  • Submitting the Loan Package.

  • Documentation Needed Checklist.

Federal Regulations & Compliance:

  • Equal Credit Opportunity Act.

  • Equal Credit Opportunity Act Notice.

  • Notice Regarding Your Uniform Residential Appraisal Report.

  • Notice of Denial or Termination.

  • (RESPA)

  • Good Faith Estimate.

  • Addendum to Good Faith Estimate.

  • Mortgage Servicing Transfer Disclosure.

  • Truth-in-Lending.

  • Notice of Right to Cancel.

  • The Home Ownership and Equity Protection Act.


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Please Call 1 (619) 888-7174 If you have any questions!


 Copyright © 2002-2008 Wynn and Katrina Miller. All rights reserved.