Residential Loan Processor: Certificate Package
| Option | Price |
| Member | $550.00 |
| Non-Member | $1,100.00 |
Residential Loan Processor: Certificate Package
The Residential Loan Processor Certificate Package is a comprehensive program designed to equip new mortgage loan processors with the essential knowledge and skills to excel in their roles. Through a combination of 15 self-paced online courses and a rigorous certification exam, participants will gain a deep understanding of fundamental mortgage banking concepts, core processing procedures, fraud detection techniques, and regulatory compliance requirements.
The program provides foundational knowledge of the key stages of the mortgage banking process, from origination and processing to post-closing and secondary marketing. Additionally, it delves into core processing skills, including loan application processing, verification procedures, property appraisal evaluation, and file review and submission. To ensure industry best practices and mitigate risk, the curriculum emphasizes fraud detection techniques and adherence to regulatory compliance standards. By completing this program, participants will be well-prepared to handle the complexities of mortgage processing while mitigating risks and ensuring compliance with industry regulations.
Foundation of Residential Lending
- RC_GO_100.1 Mortgage Banking Basics
- RC_GO_100.2 Loan Production Basics
- RC_GO_100.3 Funding, Warehousing, Shipping, and Quality Control Basics
- RC_GO_100.4 Secondary Marketing Basics
- RC_GO_100.5 Loan Servicing Basics
Core Processing Skills
- RC_LP_P_200.1 Processing Fundamentals
- RC_LP_P_200.2 The Loan Application for Processors
- RC_LP_P_200.3 Verification and Supporting Documentation
- RC_LP_P_200.4 Property Appraisal for Processors
- RC_LP_P_200.5 File Review and Submission
Fraud Detection
- RC_GO_F_200.1 Mortgage Loan Fraud Overview and Current Trends
- RC_GO_F_200.2 Mortgage Loan Fraud for Profit
- RC_GO_F_200.3 Mortgage Loan-Level Misrepresentation
- RC_GO_F_200.4 Mortgage Loan Fraud Best Practices and Resources
Regulatory Compliance
- RC_RC_GO_100.2 Regulatory Compliance in the Residential Lending Cycle
The Residential Loan Processor Certificate Package also includes:
- Residential Loan Processor: Certificate Exam
Click to learn about the Residential Loan Processor Certificate curriculum.
The courses represent about 30 hours of seat time.