| Public Course Delivery Method: Guided Web-based Course
Duration of Course: Five Weeks
About this Course
Considering entering the reverse mortgage business? Don’t jump in without taking this course to help you understand the important differences between reverse and conventional mortgages. The regulations, compliance requirements, forms and processes are different.
| This course (Course ID: 1106) is approved by the NMLS for 9 hours of pre-licensing elective education. Visit CampusMBA SAFE Act Central to learn more. |  |
Understanding the key aspects of how a company deals with consumers, how to market, process, underwrite and close reverse mortgage loans will benefit everyone in your company – from managers to operations staff.
The course is designed to benefit anyone involved in the business of mortgage lending. Prior reverse mortgage knowledge is not a prerequisite as all will gain more knowledge and understanding about the unique functions, careers, and skills needed in this industry. “The demographics of this nation...guarantee that this business will expand."
Former HUD FHA Commissioner, Brian D. Montgomery’s statement reveals how your expertise in reverse mortgage lending will be needed to provide financial support for our fast-growing senior population.
The format of this course ensures that you can achieve your learning goals any time and any place, reducing or eliminating your expenses for travel and lodging. You will spend only a few hours each week to complete assignments and can distribute your time around your schedule. Using CampusMBA’s state of the art distance learning platform, you will interact with the instructor, receive answers to your questions and discuss issues with fellow students.
Topic Areas
In this course, you will gain insights into the reverse mortgage lending industry as well as knowledge about important new regulations affecting loan origination.
Learn how one of the leading reverse mortgage technology tools can ensure accuracy, speed, and compliance. Gain skills in the key areas for success, such as making calculations, completing forms and worksheets and understanding requirements for appraisals, repairs, and title.
The goal of the Reverse Mortgage Loan Origination course is to give participants a firm foundation in all functions of reverse mortgage lending.
A range of interactive activities help you master the content in a step-by-step approach. The course features real world applications through a series of case studies that engage you in resolving challenging reverse mortgage scenarios.
The course focuses on four primary areas of the FHA HECM loan program:
- Overview and Eligibility (refinance and purchase)
- Origination and Forms
- Processing
- Closing
 | | About CampusMBA Reverse Mortgage Central: Reverse Mortgage Loan Origination Guided Web-based Course is part of CampusMBA Reverse Mortgage Central. Increase your reverse mortgage business with CampusMBA Reverse Mortgage Central. This collection of valuable educational resources from CampusMBA, the education division of the Mortgage Bankers Association (MBA), provides the most comprehensive set of solutions for getting you up to speed on successful and responsible lending of reverse mortgage loans. Visit Reverse Mortgage Central today.
|  | Designation Credit
| Successful completion of this event will earn the participant 5 points toward MBA's Certified Mortgage Banker (CMB) Designation. |  | |  | |
Upcoming Public Offerings
There are no public offerings of this course scheduled at this time. Check back soon for new dates, or call CampusMBA (800) 793-6222 (selection option 3) for details.
Bring this Course to Your Staff
This course can be offered at your location or online for your staff at your convenience. It is also customizable to fit within your corporate goals and culture. Click here to learn more or call (800) 793-6222 (select option 3).
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