Prepare today for the National component of the SAFE Mortgage Loan Originator test with MTI's comprehensive live course.  Master the topics on the test, overcome test-taking issues, and pass your test with fearlessness!

This 3.5 hour live online course is taught by industry professionals with decades of experience and provides comprehensive preparation with regard to key areas of the National test component.  Take advantage of the numerous practice tests and interactive exercises provided throughout the course and further prepare with unlimited post-course online prep testing.

Course Date:  March 18, 2010

Course Times:

Eastern Time Zone:  Start 2:00 PM - End 5:30 PM
Central Time Zone:  Start 1:00 PM - End 4:30 PM
Mountain Time Zone:  Start 12:00 Noon - End 3:30 PM
Pacific Time Zone:  Start 11:00 AM - End 2:30 PM

To participate in the class you will need a computer connected to the Internet and a telephone.

This course provides new or slightly experienced loan processors with the facts and information needed to succeed in the mortgage finance industry as a qualified Loan Processor.  You will learn the basic skills necessary to correctly process and disclose a mortgage application, according to federal and state laws.

Topics Covered:

• Mortgage terminology and processing timelines
• Calculating tax returns
• Packing a file for submission
• Clearing conditions and "red flags" that underwriters look at
• Difference between DU and LP and how to effectively submit files to each
• Title reports and appraisals
• Verifications and support documentation
• Debt-to-income ratios
• FNMA Underwriting Findings Report and FHLMC Feedback Certificate
• Final 1003 and 1008
• And much more!

System Requirements

As of May 29, 2009 - FHA will allow First-time home buyers to use their, up to $8,000 tax credit, as the down payment, lean how...and ALL the NEW FHA rules in this class!

FHA loans don't have to be a mystery - but they do have to be done right!  Here is the place to make that happen.  As the country's leading loan program, FHA lending procedures have to be followed exactly, or your loans will NEVER get closed...we'll show you how.

This course is up-to-the-minute and included everything that has recently taken place with FHA lending, through May 2009.

If you've been doing FHA loans, or just beginning to use FHA, this course is a "must have" for everyone from originators, to processors to managers.

In this easy online course you will learn the new FHA guidelines and how to put them in place TODAY!  This new course is full video and audio online training that guides you through the FHA maze easily... and it's enjoyable to watch.

Prepare today for the National component of the SAFE Mortgage Loan Originator test with MTI's comprehensive prep course.  Master the topics on the test, overcome test-taking issues, and pass your test with confidence!

This 3 hour online course is taught by an industry professional with decades of experience and provides comprehensive preparation of the key areas of the National test.  Take advantage of the numerous practice tests and the interactive exercises provided throughout the course.  Also included with this course are additional sample online tests you can take up to 10 times to help you become ready for the national test. 

You can't afford to fail the exam and this class is one way you can feel confident taking the exam.

Beginning January 1, 2010 all lenders will be required to use the new standardized Good Faith Estimate.  It is a completely new form and much different then GFEs used in the past.  This course will walk you through every element on the new form.  You will learn how to calculate the form and how to explain it to your borrowers.  Don't be caught not understanding this new form and not completing it correctly. 

Topics covered include:

• Definition of charges
• Prepaids
• Explanation of the Good Faith Estimate
• Good Faith Estimate, the form
• Allowable tolerances for closing costs
• Six trigger points requiring re-disclosure
• Commonly asked questions