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Pro Series is the foundation with in-depth knowledge of lending guidelines & underwriting requirements to maximize loan closing.
New licensees: Pro-Series will prepare you while waiting for your license’s approval from DFPI. Unlike textbooks with lengthy narratives, our courses are designed as instructional videos with tools, forms, and formulas for practice.
Seasoned LOs: Pro-Series videos expand your knowledge and improve your skills. Have you ever questioned why your pre-approved loans still fall out? In these courses, you will find solutions to turn ‘fallouts’ into APPROVED LOANS.
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Complete all 6 topics to receive your certification.
How To Complete URLA
The most essential knowledge to avoid errors affecting loan approval.
Compliance with Regulations TRID, QM and ATR
How regulations affect loan funding and closings.
How To Pre-Approve Borrowers
Learn to pre-approve loans correctly to avoid fallouts.
Loan Point Advantages - Lender Points, LO Points, Discount Points & Rebate Points
How to use point advantages to qualify borrowers with high debt ratios, resolve the cash shortage, and maximize loan funding.
The 24 Underwriting Requirements
Learn the impact of twenty-four underwriting requirements on loan approval and interest rates. We group them into two groups - Group A and Group B. Group A 1 consists of Requirements 1 to Requirement # 21 with 85% impact. Group B is the TEA Series consisting of Requirements 22,23 and 24.
Tea Series Title, Escrow and Appraisal
Identify early the problems from the title, escrow, and appraisal that can delay loan approvals or may also cause loan denials.
- Your Underwriter
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