Mortgage Origination and Loan Production Policies and Procedures Plan
Part of the Mortgage Banker Package and Loan Correspondent Package
Loan Production/Loan Origination policies and procedures are designed to provide step-by-step guidance for originators and managers. It keeps loan officers in compliance, provides quality control in the process, and establishes guidelines for compliance with federal laws. In addition to insuring quality loan applications, it also defines procedures for avoiding fraud, predatory lending and ethics violations. Finally, this acts as a procedural training guide for mortgage loan officers and originators. In those states that require it , this provides the required written supervisory plan required of lenders.
Loan Production/Loan Origination policies and procedures are designed to provide step-by-step guidance for originators and managers. It keeps loan officers in compliance, provides quality control in the process, and establishes guidelines for compliance with federal laws. In addition to insuring quality loan applications, it also defines procedures for avoiding fraud, predatory lending and ethics violations. Finally, this acts as a procedural training guide for mortgage loan officers and originators. In those states that require it , this provides the required written supervisory plan required of lenders.
Origination Elements
- Position Descriptions
- Compensation
- Lock-in policies
- Pricing Policies
- Lock-in Completion
- Pre-qualifying
- Pre-Approval
- Marketing Material Policy
- Complete Application Process
- Completing good faith estimate
- Setting up loan files for processing
- Pipeline review
- Closing preparation procedures
- Predatory Lending Policy
- Ethical Mortgage Lending Practices
- Complaint Resolution Process
| Origination/Loan Production Table of Contents |
Purchase Mortgage Origination/Loan Production Policies and Procedures
Current Price - $445
Discount for Single Policy with Association Membership or Partner Referral - Request Discount Code here
($395 after Discount Code)
Product is delivered as a download link via e-mail from document management system within 5-15 minutes of ordering
Discount for Single Policy with Association Membership or Partner Referral - Request Discount Code here
($395 after Discount Code)
Product is delivered as a download link via e-mail from document management system within 5-15 minutes of ordering
