Master the Closing Disclosure as a Loan Processor & MLO

🏡 Master the Closing Disclosure as a Loan Processor & MLO

🚀 Course Headline: Mortgage Loan Processor and Loan Originator Training: Includes 10 Mortgage Closing Disclosure Examples with Explanations

Course Description:

Are you new to the mortgage industry and feeling overwhelmed by the complexity of a Closing Disclosure (CD)? Or perhaps you're an experienced professional looking to sharpen your skills? This course is designed for both beginners and those looking to advance their expertise in one of the most critical aspects of mortgage processing – understanding and mastering the Closing Disclosure.

📚 Why This Course?

• Real-World Examples: Dive into 10 detailed examples of a Closing Disclosure to understand its practical application.
• Comprehensive Explanation: Learn how to read and interpret vital information such as the loan amount, interest rate, monthly payment, cash to close, and closing costs.
• Expert Insights: Benefit from Joseph Correa's extensive experience in the industry – he has closed hundreds of mortgage loans and owned a correspondent lender business.
• In-Depth Learning: Master the breakdown of closing costs, identify escrows, loan discount points, loan origination fees, prepayment penalties, and balloon payments with confidence.
• Hands-On Practice: Apply your knowledge with practice tests and assignments that help you pinpoint areas for improvement.
• Downloadable Resources: Enhance your learning experience with three PDF documents to aid your understanding and career progression.
• Direct Access to the Instructor: Get your questions answered directly by the course instructor, Joseph Correa.

What You Will Learn:

• Mastery of the Closing Disclosure
• Expertise on Closing Costs
• Familiarity with Key Mortgage Terms and Definitions
• Enhanced Job Prospects: Increase your chances of being hired and impress potential employers.
• Career Advancement: Improve your career potential by becoming more knowledgeable, enabling you to apply for higher paying positions.

Course Inclusions:

• Closing Disclosure Examples: Learn from 10 real-life examples explained in detail.
• Practice Tests: Nine "practice" tests to assess your understanding and progress.
• Assignments: Six assignments for hands-on practice and application of concepts learned.
• Supporting Documents: Three downloadable PDF documents to support your learning journey.
• Instructor Access: Direct access to Joseph Correa for any queries or clarifications.

Course Outcome:

By completing this course, you will have a deep understanding of the Closing Disclosure, which is essential for both purchase and refinance transactions on FHA, Conventional, and VA loans. You'll be equipped with the knowledge to explain almost all the information borrowers need to know on this comprehensive 5-page document.

🎓 Course Diploma: Upon successful completion of the course, you will receive a course diploma which you can save or print and include with your resume. Instructions for downloading your diploma are available at https://support.udemy.com/hc/en-us/articles/229603868-Certificate-of-Completion.

Your Instructor:

Joseph Correa, the founder and CEO of Finibi Mortgage, is your guide through this course. His expertise in mortgage brokerage and real estate investment positions him as an authority in the field. Whether you're just starting out or looking to refine your skills, Joseph's knowledge will be instrumental in your journey to becoming a successful loan processor or originator.

Additional Notes:

While this course is designed to be comprehensive, it is recommended that those new to the mortgage industry start with the "Become a Mortgage Loan Processor" course to build a solid foundation before advancing to this more specialized training. However, professionals at any level of expertise are encouraged to enroll and benefit from the in-depth focus on the Closing Disclosure.

Don't miss this opportunity to elevate your understanding of one of the most important documents in mortgage transactions. Enroll now to take your career to the next level! 🚀