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.
ABA Online Overview | Course Start Dates | Enroll Online: Member | Non-Member | Print Registration Form
|Price||$300 NYBA or ABA Members/$375 Non-Members|
|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
The New York Bankers Association is a Local ABA Training Provider.
Questions: NYBA Professional Development at (212) 297-1679 or email@example.com.