Underwriting Mortgage Education Helps Mortgage Brokers Get Back to Basics
Las Vegas, NV (PRWeb) March 27, 2007 -- Complete Mortgage Processing (CMP) a national mortgage training firm announced today that it has a new teleclass to help loan officers and loan processors who are struggling to survive the subprime lender bust. The underwriting teleclass to be held this week reveals simple yet effective strategies for getting loans from application to funding.
Headlines detailing the doom and gloom of the subprime mortgage world are everywhere. As mortgage lenders shut down or tighten the reigns, originators are left wondering what to do about their pipeline and their career. "A real panic has set in among mortgage professionals across the country. They're scrambling not only to salvage their pipeline for the sake of the borrower but also to recover from the financial impact of lost loans," says CMP mortgage trainer, Stephanie Graham. "Becoming aware of the critical elements that cause a file to flow smoothly or experience delays really makes a difference at a time like this."
Those who are surviving are being proactive. Learning how to work within the new parameters is essential. CMP's underwriting teleclass reveals ways to avoid some of the challenges mortgage brokers are experiencing with getting loans to funding including:
1. Underwriting red flags to avoid
2. The 3 big underwriting mistakes that cause unnecessary loan delays
3. Resources to help demystify the underwriting process
4. Ways to educate the borrower about the loan approval process
Some mortgage professionals are taking it a step further and offering education to help prepare borrowers for the home loan process. This is especially important now that many who once were able to qualify for a home loan with low scores and limited cash are being shut out.
Mortgage professionals looking for more information on the underwriting class can find registration details at http://www.underwritingexpress.com. For more information on Complete Mortgage Processing training courses, visit the company website at http://www.completemortgageprocessing.com.
About Complete Mortgage Processing
Complete Mortgage Processing is a nationally recognized mortgage education provider. The company provides training for mortgage professionals in an easy-to-read and easy-to-implement format that is suitable for both novices and veterans alike. The company was founded in 1997 as a contract mortgage processing firm and made a full transition to mortgage education in 2003 in response to demand from its broker clients. For more information on Complete Mortgage Processing call (702) 444-6249 or visit the website at http://www.completemortgageprocessing.com.
About Stephanie Graham
Stephanie Graham is a mortgage industry professional with more than 21 years of expertise. Stephanie is the author of Complete Mortgage Processing's signature product, the Loan Processor In-A-Box® training guide. For more information about Stephanie, call (702) 444-6249 or visit the website at www.completemortgageprocessing.com.
Loan Processor In-A-Box® is a registered trademark of Complete Mortgage Processing. All rights reserved.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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