Loan Processor & MLO Mortgage Math: Problems & Solutions by Joe Correa
The Loan Processor & MLO Mortgage Math: Problems & Solutions course is undoubtedly the most interesting and the most sought after by those seeking to specialize in Business.
Mortgage skills training and SAFE Mortgage Loan Originator Licensing Exam math prep with 115 problems & solutions
Also, keep in mind that Joe Correa, professor of the course, is an excellent professional with worldwide recognition.
Therefore, if you want to study and learn more, we recommend that you start this udemy course right now.
What is the Loan Processor & MLO Mortgage Math: Problems & Solutions course about?
Do you have trouble with the math portion of mortgages or on the SAFE Mortgage Loan Origination licensing exam ? How about learning through practical examples taught by an industry expert and past college math professor? If you want to work as a loan processor or mortgage loan originator, you need to know how to calculate the LTV, DTI, cash to close, discount points, origination points, and many other math specific factors. This course on Mortgage Math will take you through 115 real life mortgage math problems where I will sit with you and go over each problem in detail so that you can follow along and do the problems with me. This way, you can become an expert on mortgage math before starting your new job or in your current position. By the time you finish this course, you’ll be ready to take the math portion of the SAFE pre-licensing mortgage loan originator exam, if you’re thinking of becoming a mortgage loan originator. If you’re planning to start working as a mortgage loan processor or mortgage loan originator, you need to know how to calculate a borrower’s income, which is why I’ll also teach you to quickly calculate a borrower’s income no matter how they’re paid. If they’re paid on a bi-weekly, per hour, bi-monthly, weekly basis, or if they’re self-employed, you’ll discover what calculation you need to use. You will be able to download my “monthly income cheat sheet” to have on hand when you need it so that you can always calculate your borrowers income accurately. This course includes: 115 mortgage math problems . A course guide pdf to print and save. Income calculation equations pdf to save on your computer. Mortgage specific equations pdf to use while you follow the course. 12 practice quizzes to see how much you’ve learned The main benefits of this course: – Real life mortgage math problems and solutions Loan processors and mortgage loan originators that are good at mortgage math close more than twice as many loans and are paid higher than other LP’s and MLO’s – Complete examples on calculating W2 employees and self-employed borrowers (weekly, bi-weekly, bi-monthly, hourly, annual basis income examples) – Pass the math portion of your SAFE Mortgage Loan Origination licensing exam – Close loans faster and minimize math errors – Calculate the loan-to-value and debt-to-income ratio with speed and accuracy – Understand and determine loan discount points and loan origination points – Learn to calculate the cash to close for a borrower so that they know how much they need to bring to the closing Don’t waste your time learning only theory. Get started with these practical examples taught in a hands-on approach. Once you complete this course, a course diploma will be available to you when all sections have been completed at 100% which you can save or print. For instructions on downloading your course diploma you can go to: https://support.udemy.com/hc/en-us/articles/229603868-Certificate-of-Completion TO DOWNLOAD THE COURSE PDF’S Please go to lecture 6. You will be able to download them under resources. Your instructor Joseph Correa is the founder and CEO of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. Having closed hundreds of mortgage loans and processed many of them, he has the necessary processing knowledge to help you become a success. In the past, he has also owned a correspondent lender business and invested in real estate.
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Course dictated by Joe Correa
Joe Correa is a multi-business entrepreneur with years of experience in real estate, mortgage, personal finance, and investment advisory in Florida. He believes in living a financially independent lifestyle by maximizing your strengths and creating passive income streams to balance your life. Joe chose to follow the path of philanthropy by helping others to fulfill their dreams by reorganizing their financial lives in a way that would give them the most free time while increasing their income. He is a firm believer in not working harder but instead in making money and knowledge work hard for you.
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