School of Loan Origination Online Starts Monday, Jan. 8

MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans. In a series of 12 two-hour webinars, the course explains how to originate compliant and quality-based mortgage loans to minimize risk of repurchase and reduce the number of “touches” on the file.

The course begins with an overview of the mortgage lending industry and the originator’s activities and responsibilities within the industry. Subsequent topics include: how to take a complete and accurate loan application; regulations that govern origination activities; loan options, credit reporting, and credit scoring; review of supporting documentation; review of tax returns and calculation of qualifying income; traditional and non-traditional mortgage products; pricing and rate locks; structuring mortgage loan transactions; and marketing strategies. The course concludes with a series of case studies that allows the student to practice the skills and calculations required to be a successful originator.

This course is designed for mortgage loan originators (MLOs), MLO assistants, and processors new to the industry or with up to three years of experience.

Click here for more information.

Fundamentals of Mortgage Lending
The Role of the Mortgage Loan Originator
The Loan Application
Compliance in Loan Origination
Loan Options, Credit Reporting, and Credit Scoring
Supporting Documentation
Tax Returns and Nontraditional Mortgage Products
Pricing and Rate Locks
Structuring Mortgage Loan Transactions
Case Studies

Instructor Guided Online Course

Intended Audience:
Mortgage Loan Originators
Loan Officer Assistants

Experience Level:

Program Schedule:

Week 1:

Monday, January 8 (2:00 PM – 4:00 PM ET)
Wednesday, January 10 (2:00 PM – 4:00 PM ET)
Thursday, January 11 (2:00 PM – 4:00 PM ET)
Week 2:

Tuesday, January 16 (2:00 PM – 4:00 PM ET)
Wednesday, January 17 (2:00 PM – 4:00 PM ET)
Thursday, January 18 (2:00 PM – 4:00 PM ET)
Week 3:

Monday, January 22 (2:00 PM – 4:00 PM ET)
Wednesday, January 24 (2:00 PM – 4:00 PM ET)
Thursday, January 25 (2:00 PM – 4:00 PM ET)
Week 4:

Monday, January 29 (2:00 PM – 4:00 PM ET)
Wednesday, January 31 (2:00 PM – 4:00 PM ET)
Thursday, February 1 (2:00 PM – 4:00 PM ET)
** Webinars may vary in duration depending on the subject matter**