Click here to sign up for July 17-18, 2008
Seminar Size is Limited Sign Up Today!
1-(866) 736-1438

Reverse Mortgage Training's Photo Gallery!
See us in action!

Below is a list of the topics we cover during our Seminars and also on the Training CD's!

We Train Loan Officers To:
  • Speak to more people that may be interested in a Reverse Mortgage.
  • Complete a loan application accurately and legibly.
  • How to properly stack an application.
  • Perform their tasks and return conditions that make sense the first time.
  • Understand the details and variables of a Reverse Mortgage and how to share it with a Senior.
  • Use our Reverse Mortgage Website as a way to generate income.
  • Offer a Reverse Mortgage as a service and not a product.
  • Use the GFE financial calculator.
  • Explain GFE's, TIL's, APR's, and closing costs to borrowers so they understand them.
  • Improve Communication skills.
  • Improve House call skills.
  • Get a commitment from a borrower.
  • Understand secrets (there are four!) of successful loan officers.
  • Understand specific and tested marketing programs that will bring in business - guaranteed.
  • Utilize direct mail pieces, lead companies, fundraising programs, email ideas, website solutions, inexpensive advertising ideas, pre-written letters, flyers, knowing how to cultivate referrals and more.
Guidelines for Taking a Detailed Loan Application:
  • Getting Organized.
  • Conversation Sheet.
  • Things to Do Today
  • The Pre-Application Interview.
  • Additional Information Checklist.
  • The Face-to-Face Interview.
  • Explain the Reverse Mortgage Program.
  • How Much the House is worth.
  • How to get the payoff amount from the Mortgage Lender.
  • Addendum to Good Faith Estimate.
  • Lock-In Agreement.
  • The Truth-in-Lending Disclosure.
  • Completing the Loan Application.
  • Checklist of Documents Needed at Loan Application.
  • Equal Credit Opportunity Notice.
  • Notice Regarding Your Uniform Residential Appraisal Report.
  • Mortgage Servicing Transfer Disclosure.
  • Authorization to verify credit.
Processing the Loan:
  • Required Documents.
  • The Mortgage Credit Report.
  • The Uniform Residential Appraisal Report.
  • Answers to the Most Frequently Asked Questions.
  • Submitting the Loan Package.
  • Documentation Needed Checklist.
Federal Regulations & Compliance:
  • Equal Credit Opportunity Act.
  • Annuity Disclosures for Reverse Mortgages
  • Notice Regarding Your Right to an Appraisal Report.
  • (RESPA) Disclosures
  • Good Faith Estimate.
  • Addendum to Good Faith Estimate.
  • Mortgage Servicing Transfer Disclosure.
  • Truth-in-Lending.
  • Notice of Right to Cancel.

Interested...?
SIGN UP NOW!

More Info

 

Please Call (866) 736-1438 If you have any questions!

| home | seminars | overview | training | products | register | contact us |

 Copyright © 2003-2005 Lead Generation Systems. All rights reserved.