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Web, CD-ROM Offer Origination Training

Web, CD-ROM Offer Origination Training

Loan Officer Guide, OriginationPro provide mortgage education

January 4, 2005

By PAULA PARISOT

Licensing and sales are two reasons mortgage loan originators need specialized education — and at least two companies want to do the educating.

The Loan Officer Guide Team, led by author Frederick Williams recently announced the development of a new line of training products and loan officer training courses inspired by The Loan Officer Guide mortgage manual.

The Team has structured local all-inclusive classes with a curriculum that covers pre-qualifying applicants, completing a loan application, analyzing credit reports, loan structure, and the aspects of processing and closing while maintaining industry-specific concepts and techniques.

Williams, who is a mortgage broker and loan officer training consultant, along with his Team have created the online loan officer training, PowerPoint presentation, and interactive CD-ROM to technologically enhance the student’s learning experience by allowing flexibility in scheduling.

The Team said in a recent press release that the LOG Interactive CD-ROM will offer the user easy access to the leading loan officer training resources available in the mortgage industry and is ideal for the traveling loan officer or the part-time loan officer working from home.

The courses offer eight hours of pre-licensing and eight hours of continuing education credit for loan officers in the state of Texas.

“The Loan Officer Guide, Volume II” due out in November 2005 is said to focus on self-employment income analysis, manual and automated underwriting, and other aspects of the mortgage loan process.

Virginia-based OriginationPro Mortgage School also offers mortgage industry training courses, designed to fit the student, whether they are new to the business or a seasoned mortgage professional. Its broad-range of training programs includes; sales and marketing courses, classroom training, self-study and online classes.

Dave Hershman, head of OriginationPro and a MortgageDaily.com advertiser, said the school’s training covers everything from second-service concepts to legal and ethical issues. “I attack the whole industry from “show them the road” to “becoming an expert” in three days,” Hershman said. “The goal–everyone tells you–is to differentiate yourself from your competition, and you can’t do that unless you are an expert.”


Paula Parisot is a freelance writer for MortgageDaily.com. In addition to 4 years’ journalism experience at other news publications, Paula has worked in the mortgage industry. Email Paula at: realitycheck@klondyke.net

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