Have you thought about being a Mortgage Loan Processor but don't know where to start?

If you want to start at the beginning, where a borrower begins the qualification process, this easy-to-read loan processing training manual is for you. DISCLOSURE: This manual doesn't teach current Loan Processors HOW to process a loan from start to finish. You can't teach someone everything via a manual as hands on experience far outweighs a manual. This manual is intended for someone to learn the "jargon of loan processing" and to refer to it once the individual obtains a position.

You will learn what a debt ratio means, how to prorate real estate taxes and how to read a credit report. This is a brief guide on how to set up a loan file, from opening the escrow, to submitting to the lender and getting the loan approved and closed in a efficient manner. Sample checklists and sample disclosures are available in this manual. We also will guide you where to go to get a job in loan processing once you have completed the manual. This manual can also help out your Realtor so they understand what goes into the process to qualify their buyers. As a bonus, there are quizzes and other information such as useful websites and how to repair your own credit throughout this manual. Happy processing!