USA Realty and Loans

We offer three different levels of FREE loan training:

Level One:  Live in classroom loan training held the last Friday of every month.  This training takes

                      place in the conference room at our office in San Diego.  It runs from 9am to 2pm. 

Level Two:  On-line webinars held every Friday morning.  You log in from your home

                      computer, call into the conference call and you can hear the presentation and ask

                      questions.

Level Three: We offer training video's on our website that you can access 24/7.

Loan Training Outline

(We train on the following subjects)

I.  The Loan Process

   a.  Taking the loan application

   b.  Running Credit

   c.  Qualifying your borrower

   d.  Finding the right loan

   e.  Shopping rates

   f.   Locking the rate and submitting to the bank

   g.  Satisfying conditions and ordering loan docs

   h.  Funding the loan

II.  Understand differently types of loans

   a.  Rates, locks, LTV/CLTV and rebates

   b.  Major loan types

   c.  Adjustable rate mortgages

III.  Qualifying your borrowers

   a.  Credit Score

   b.  Debt to Income Ratio

   c.  Loan to Value

   d.  Employment history

   e.  Liquid cash reserves

IV.  The home financing process

   a.  Filling out a loan application

   b.  The good faith estimate

   c.  The truth in lending report

V.  Refinancing

   a.  Value (reading appraisals)

   b.  Seasoning

   c.  Rate and Term vs. Cash Out

   d.  Subordinations

VI.  Using our company Pricing Engine

   a.  Getting the best rate for your borrower

VII.  Review

USA Realty and Loans

4858 Mercury Street

San Diego, CA 92111

Over 750+ Agents and Brokers in California!