Processing from A-Z introduces the new processor to the ins and outs of single-family conventional loan processing - from application to final analysis to submitting the loan package to the underwriter. The course covers skills essential to successful loan processing, such as how to calculate underwriting ratios, how to order and review verifications, and what to look for in reviewing loan file documents. Course topics include: the processor's role in mortgage lending, regulatory compliance, the loan application, loan verification documentation and procedures, how market value is established and documented on the property appraisal, and final analysis and submission of the loan file to the underwriter. 
  
NOTES:  This is a self-paced, self-study course. Enroll anytime and take up to 8 months to complete the course.