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New Processor

Posted on: 06th Sep, 2006 05:43 am
Does any have suggestions for training materials for a new processor or a new loan officer? Doug
Hi,

There are courses on offer by various private institutions and associations which are related with banking sector.

One such example is the Bank Administration Institute, which is an affiliate of the American Banker's Association, which offers certificate courses.

Thanks
Posted on: 06th Sep, 2006 11:42 am
Hi Doug,

Bank Administration Institute has a program for people who review and approve loans known as the Loan Review Certificate Program which Nelson had mentioned.

This certificate program helps to enhance the quality of reviews by loan officers.
Posted on: 06th Sep, 2006 12:34 pm
Hi,

Let me add that for a new loan processor the training material might include,

1.Fundamentals of Loan Processing
2.Understanding FHA Loans
3.Understanding VA Loans
4.Qualifying the Self-Employed Borrower
Posted on: 06th Sep, 2006 02:11 pm
Hi Doug,

We do have some information on the duties and responsibilities of a loan officer. You can check it out here.

Thanks,

Caron.
Posted on: 06th Sep, 2006 09:40 pm
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