New to mortgage lending at your credit union? This basic training class teaches you about the mortgage cycle, key players, regulatory compliance, mortgage insurance and MI premium plan options.
Part 1 in this Mortgage Fundamentals series covers the stages of the mortgage cycle, identifying key players as well as the different loan program options so you can set your members up to be successful homeowners. You’ll also have the chance to review the loan application, identify questions to ask, and emphasize the need to submit a complete application to avoid delays (and frustration!) for your members.