Loan processing courses and classes are
offered online for students interested in a career in the financial
industry or for employees wishing to upgrade job skills to include loan
processing through a certificate or associate's degree. Students learn
about loan types, compliance and lending procedures.
Online Loan Processing Courses and Classes
Loan processing courses and classes are part of online certificate or
degree programs leading to an Associate of Applied Science in Real
Estate or Associate of Science in
Business
Studies. Loan processors can find careers with banks, credit unions and
other lending institutions, or can choose to start their own business.
Online Requirements
For loan processing courses and classes offered online, students need
a computer with a browser, operating system and hardware specifications
that meet the school's minimum standards, to ensure that they can
access the audio and video files, webinars or recorded material for the
courses. High-speed Internet, e-mail address are necessary for
correspondence with instructors and submitting assignments, which may
require word processing or spreadsheet software capable of writing to a
file format that the professor can access.
Online Loan Processing Courses Overview
Loan Originators & Ethics Course
Focus is on ethical lending practices, along with recognizing and
preventing predatory lending and loan fraud. Students learn about
lending issues, disclosure requirements, preventing unethical practices
and reviewing and following lending regulations.
Real Estate Loan Processing Course
Students learn the fundamentals of processing residential mortgages
from the loan application to the closing. Mortgage types are introduced,
including VA, FHA, jumbo, subprime and conventional. Topics include
good faith estimates, credit report analysis, truth-in-lending,
verification of income and employment and financial documents.
Loan Processing Principles Course
Students get a hands-on learning approach to the basics of loan
processing from the start right to the time of closing. Emphasis is on
understanding applicable laws, providing customer service, ensuring
ethical lending practices, and obtaining sufficient documents to satisfy
compliance laws.
Loan Origination Course
This course is aimed at students interested in the origination of
residential mortgage loans. Students learn all aspects of residential
mortgage loans, including prequalification period, loan applications,
regulatory compliance, real estate contracts, credit reports, property
appraisals and meeting federal and state regulations.
Business Math Course
Students are introduced to the finance and business techniques
currently in use today. Topics include compound and simple interest,
percentages, reconciliation, bank statements, consumer credit, consumer
and business loans and taxes.
No comments:
Post a Comment