Ebook Free Mortgage Loan Processing Training Manual
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Mortgage Loan Processing Training Manual
Ebook Free Mortgage Loan Processing Training Manual
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About the Author
This manual was written by an experienced Loan Processor who was associated with big financial institutions such as Countrywide and Bank of America. The author also worked at various mortgage brokerage firms for 10 years as a Loan Officer and Operations Manager.
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Product details
Paperback: 112 pages
Publisher: CreateSpace Independent Publishing Platform (January 28, 2018)
Language: English
ISBN-10: 1984307533
ISBN-13: 978-1984307538
Product Dimensions:
8 x 0.3 x 10 inches
Shipping Weight: 10.9 ounces (View shipping rates and policies)
Average Customer Review:
3.1 out of 5 stars
4 customer reviews
Amazon Best Sellers Rank:
#969,477 in Books (See Top 100 in Books)
Glad I purchased it. Clear and concise. So it deserves 5 stars but it would've been nice if someone would have taken the time to proofread it. On one page it told you to look at a specific page number ...which is the same page you are on (see pic). The person also forgot at times to continue on with the indentations (see pic). This irks me because if you are going to be a loan processor you should be detail oriented right?
This so called training manual is far too basic. It's like an introductory course for the general public rather than a guide for mortgage processors. More of an outline presentation. Way overpriced. Zero stars.
This book is a great start for a new MLP so many pointers in this book.
I am brand new to the processing field and I ordered this book hoping I could use it to help familiarize myself with the more common and basic functions of mortgage processing. While I do believe that most of the information contained within the manual is decent and helpful, especially for a newly employed processor entering the mortgage scene, there is much that is lacking and unworthy of the $49.99 sticker price. I read through this book in about 5 hours at the most.There are a multitude of typographical errors. Spell check? Proofread?The book itself is 112 pages; however, if you want the count for true content, it is more like 75 pages. Less if you take into account the very large type face that is used. The first 7 pages are made up of the summary and table of contents. Followed by the content of the actual manual. Then past page 83 you have common terms, tips, and full page copies of some forms used in the loan process.There are 3 quizzes within the sections of the book. While this is nice and aids in testing the retention of the information for the trainee, the answer key that is provided in the back of the book does list some incorrect answers.Also, there is no information in regards to the new CFPB/Closing Disclosure regulations and still notes the regulations in reference to the HUD-1If there had been less errors and more information overall I would have given this more stars, or perhaps if it was even a cheaper book; however, I can't justify the price of the book compared to the inadequate material contained within the manual.
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