ABA Facilitated: Fundamentals of Mortgage Lending
10 weeks

Virtual Walt Lyons

Member | Non-Member

Explore key elements in the mortgage lending industry. Course topics include the major mortgage financing programs and guidelines, construction lending and land development financing, the impact of regulations on the mortgage process; property appraisals review and types of mortgage fraud.

Learning Objectives

  • Describe the basic principles involved in real estate investment and finance, including the business of construction and development lending
  • Describe the process of mortgage origination, processing, underwriting, closing, and servicing, including the federal laws that apply
  • Explain the various functions and responsibilities of mortgage origination and loan servicing departments
  • Describe mortgage financing programs and options
  • Explain applicable compliance laws and their impact on the mortgage process
  • Describe how a property appraisal is completed and how they are used in mortgage financing
  • Describe the basic principles involved in real estate investment and finance, including the business of construction and development lending
  • Describe the different forms of mortgage fraud and its impact on the industry and financing process

Audience

Financial service professionals who want a broad overview of mortgage lending, including those who intend to pursue a career in mortgage lending (business development, underwriting, processing) or those individuals who recently joined a mortgage lending department.