New York Bankers Association

The Mortgage Lending Business

6-week instructor-facilitated online course

Course Description:  An overview of the mortgage lending business, including mortgage banker, broker, and lender business models; the role of government and agencies like Federal Housing Administration and the Veteran’s Administration programs; other key players like Fannie Mae and Freddie Mac; important real estate laws; and the basics of real estate investing.

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Price $300 NYBA or ABA Members/$375 Non-Members
Length 6 Weeks
Required Software Technical Requirements

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.

Learning Objectives:  After successfully completing this program, participants will be able to:

  • Explain how property is transferred from one owner to another, and the legal implications of transfer of property
  • 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
  • Identify government and government-sponsored agencies that interact to further home ownership

Related Training:

The New York Bankers Association is a Local ABA Training Provider.

Questions: NYBA Professional Development at (212) 297-1679 or elegg@nyba.com.