Loan Officer Training with The Mortgage Calculator - Loan Officer Training 12/13/2023 Ethical Lending Practices

Loan Officer Training 12/13/2023 Ethical Lending Practices

12/14/23 • 40 min

Loan Officer Training with The Mortgage Calculator

Welcome to a crucial episode of "Loan Officer Training." In this session, we're addressing a cornerstone of successful lending: "Ethical Lending Practices." Join us as we explore the imperative of promoting ethical lending practices to build trust, ensure compliance, and avoid legal issues.
Ethics are the bedrock of a reputable loan officer's career, and in this episode, we'll delve into the principles that guide ethical lending. From transparent communication with clients to navigating complex compliance issues, we'll provide insights and strategies to uphold the highest standards of ethical conduct.
Tune in to gain a profound understanding of the ethical considerations in lending, ensuring that your practices align with industry best practices. We'll share practical tips, expert advice, and real-world scenarios to equip you with the tools to foster trust, maintain compliance, and steer clear of legal complications.
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Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast

Loan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/join
The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as thousands of Non-QM mortgage loan program variations using alternative income documentation!

Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes!

Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as acc...

Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast

Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as acc...

Previous Episode

Loan Officer Training 12/12/2023 Preventing Mortgage Fraud

Welcome to a crucial episode of "Loan Officer Training." In this session, we're tackling a paramount topic: "Preventing Mortgage Fraud." Join us as we delve into the essential insights on understanding and identifying red flags to prevent mortgage fraud and minimize potential damages.
Mortgage fraud is a pervasive challenge in the lending landscape, and being equipped with the knowledge to identify warning signs is vital for every loan officer. In this episode, we'll explore the common red flags, discuss preventive measures, and provide practical tips to fortify your defenses against fraudulent activities.
Join us as we navigate through the complexities, ensuring you are well-prepared to protect both your clients and your institution from the risks of mortgage fraud. We'll share best practices, industry standards, and expert advice to empower you in safeguarding your lending operations.
Join The Mortgage Calculator at https://themortgagecalculator.com/join

Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast

Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as acc...

Next Episode

Loan Officer Training 12/19/2023 How to Originate a DSCR Loan

Welcome to a strategic episode of "Loan Officer Training." In this session, we're diving into a crucial skill set: "How to Originate a DSCR Loan."
Understanding Debt Service Coverage Ratio (DSCR) loans is pivotal for loan officers seeking to navigate complex lending scenarios. In this episode, we'll provide a step-by-step guide on originating DSCR loans, exploring the intricacies of evaluating cash flow, mitigating risks, and ensuring the financial viability of the borrower.
Tune in to gain valuable insights into best practices, industry standards, and expert tips for successfully originating DSCR loans. Join us as we break down the process, empowering you with the knowledge and skills needed to excel in originating loans with a keen focus on debt service coverage.
Join The Mortgage Calculator at https://themortgagecalculator.com/join

Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast

Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as acc...

Loan Officer Training with The Mortgage Calculator - Loan Officer Training 12/13/2023 Ethical Lending Practices

Transcript

00:00:13.630

So welcome everyone. My name is Kyle Hiersche. I'm the COO of the Mortgage Calculator, and I'm joined here by President Nick Hiersche and our sales manager, Jose Gonzalez. Today we are going to be talking about ethical lending practices. So we do these trainings 7:00 PM Eastern Time, every Tuesday and Wednesday with a different topic for loan officers, and today is our ethics training. So Our sales manager, Jose, with 28 years of experience as a loan officer and a rea