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Fast-Start is CVS Training & Development's online and
accelerated mortgage lending course for new loan originators,
mortgage brokers, loan processors and other retail/wholesale
mortgage rookies throughout the United States.
To move into
the mortgage business fast, you need to know the basics of
regulatory compliance, loan terminology, program characteristics
and many other foundation industry elements. Some of our
students have referred to this course as "mortgage lending 101
cliff notes" or "mortgage lending for the clueless" because it is so
concise and clear on the basics of the mortgage industry. The
course is delivered fully online and is instructor-led by a
long-term experienced mortgage professional who is continually
accessible for questions about content and resources.
This class is a
supplement to our pre-license live training classes and
is helpful in seeking a more thorough preparation for the
mortgage comprehensive portion of state tests.
Areas covered
in this online accelerated mortgage industry tutorial include:
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Mortgage Cycle Overview |
Who is Ginnie Mae? |
Equal Credit Opportunity
Act |
What are Adjustment
Periods? |
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Origination Basics |
Who is Fannie Mae? |
What's RESPA? |
What are ARM Caps? |
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Processing Basics |
Who is Freddie Mac? |
Good Faith Estimate |
What are ARM Indexes? |
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Underwriting Basics |
Private Mortgage Insurance |
Truth-In-Lending |
Sections of Loan
Application |
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Closing Basics |
Veteran's Administration |
Conventional Loans |
Credit Underwriting |
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Loan Warehousing |
Federal Housing
Administration |
Government Loans |
Income Documentation |
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Loan Delivery Process |
HUD Regulatory Authority |
Fixed Rate Mortgages |
Asset Documentation |
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Secondary Market |
Mortgage Conduits |
Adjustable Rate Mortgages |
Collateral Analysis |
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Mortgage Backed Securities |
Fair Housing Act |
Balloon Mortgages |
Preparing the 1008 |
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What is Loan Servicing? |
Fair Credit Reporting Act |
Temporary Buydowns |
DTI Qualifying Ratios |
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And a whole
lot more.......
-60 Days Allowed to Complete the
Course In Most States-
Preview Our Online Training
Site Here!
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