Quality Control 101 - "QC For Conventional Loans"

Quality Control 101 - "QC For Conventional Loans"Need Help? Call us today toll free at 1 800 865 8550 Press 1 for SalesCOURSE DESCRIPTION: The course is an ideal fit for mortgage professionals wishing to enter the Quality Control area of mortgage lending, as it relates to Conventional mortgage loans. This instructor led online training course entitled: Quality Control 101 QC for Conventional Loans" covers the basics and gives an overall understanding of what a Quality Control plan consists of and

Need Help? Call us today toll-free at 1-800-865-8550 Press 1 for Sales

COURSE DESCRIPTION: The course is an ideal fit for mortgage professionals wishing to enter the Quality Control area of mortgage lending, as it relates to Conventional mortgage loans. This instructor-led online training course entitled: Quality Control 101 - QC for Conventional Loans" covers the basics and gives an overall understanding of what a Quality Control plan consists of... and more!

COURSE OUTLINE:

• Overview
• FNMA/FHLMC
• FNMA/FHLMC Specifics
• What to Look For
• Pre-funding Review
• Post Closing Review
• Record Retention
• Lender Audit
• GSE Selection
• Significant Defects
• Mortgage Insurance
• Remedies to Defects
• Payment or Repurchase
• Red Flags: Loan Application
• Red Flags: Credit Report
• Red Flags: Income & Employment
• Red Flags: Assets
• Red Flags: Appraisal Report
• Red Flags: Sales or Purchase Contract
• Red Flags: Legal & Closing Documents
• Red Flags: Owner Occupancy
• Red Flags: Underwriting Decisions
• Red Flags: AUS Findings
• Red Flags: Exclusionary Lists
• Red Flags: Anti-Predatory Lending
• Red Flags: Fraud Prevention
• Helpful Links
• FNMA Website Review
• FHLMC Website Review
• File Review
• Multiple Practice Quizzes
• Download Course Catalog >>

COURSE FORMAT:

• Instructor-Led Online Webinar
• Duration: 24/7 Access for 1-Year
• All Course Materials are Downloaded as PDF Files
• Source Links Included - Get Further Clarity & Updates
• Certificate of Completion Downloaded as a PDF File
• Job Search Resources (Upon Request)
• Download Course Catalog >>

WHO SHOULD ATTEND: Aspiring mortgage processors & underwriters wishing to learn QC, from A to Z. Whether you're unemployed and looking to enter the mortgage underwriting profession, or you're currently working at a bank or lender as an underwriter or processor, this training program will provide the skills you need to succeed as an effective mortgage professional. Also ideal for loan processing & underwriting managers looking to train their existing staff on quality control principles.

HOW IT WORKS: As soon as you enroll, we will e-mail you links and passwords to access the Instructor-Led Online Webinar & Course Materials, so you can start taking the training IMMEDIATELY.

ABOUT THE INSTRUCTOR: Each CampusMortgage® instructor has an average of 15+ years of prior mortgage related experience. Each instructor also draws from a different knowledge base that may include such areas as: mortgage underwriting, loan processing, FHA, VA, Conventional loans, Commercial lending, USDA Rural Housing Loans and more.

SYSTEM REQUIREMENTS: You will need the following: 1) a Computer/Tablet, 2) Internet and 3) Computer Speakers. Please check beforehand to make sure these items are working properly.

GRADUATION: Upon successful completion of this course, you will be able to download & save your Certificate of Completion as a PDF file.

REFUND POLICY & TERMS OF USE: Before purchasing any CampusMortgage® training class from NAMP®, we recommend you thoroughly read our Refund Policy & Terms of Use.


Need Help? Call us today toll-free at 1-800-865-8550 Press 1