Mortgage University

Mortgage University Training Center

Puerto Rico Online Courses

There are currently 4 State Accredited - Continuing Education Training Programs, 8 State Accredited - Pre-Licensing Training Programs and 5 Certified Professional Development Courses.

TrainingPro’s Certified Professional Development Courses are valuable educational topics designed to further a loan officer’s success in the mortgage industry. These courses do not carry accreditation.

State Approved CEU Programs:

		2 Hour Metrics of Mortgage Qualification and Collateral_CE Elective_Online Self Paced_Course Number 1725		$59.00
		Two Hour Metrics of Mortgage Qualification: Credit and Collateral focuses on several key elements of borrower qualification. Specifically, students will explore credit documentation, subject property collateral and borrower capacity. During these times of lean lending, understanding qualification fundamentals is imperative for a mortgage professional. Better communicate with potential borrowers and help them understand their financial position according to current credit standards before entering into the mortgage loan process. Explain the importance of the appraisal of their current home, the intricacies of their credit score, and income calculation.

		2 Hour Mortgage Loan Cycle: From a Powerful Start to a Rewarding Finish_CE Elective_Online Self Paced_Course Number 1757		$59.00
		Two Hour Mortgage Loan Cycle: From a Powerful Start to a Rewarding Finish focuses on sound and thorough business practices that are important in originating and closing a residential loan. This course will familiarize mortgage professionals with the steps and processes involved in a successful loan cycle from pre-qualification to servicing and funding. Students will explore origination, processing, underwriting and title requirements in order to gain a strong understanding of critical success factors in the mortgage industry.

		7 Hour Input Knowledge; Output Success SAFE Core CE _Online Self Paced_Course Number 1587		$169.00
		7 Hour, Input Knowledge; Output Success, SAFE Core CE is a continuing education course, organized to review topics specifically outlined in the SAFE Act. There are three modules in this course, each aligned with the continuing education requirements: federal mortgage related laws, ethics, fraud, consumer protection and fair lending, and training in the nontraditional mortgage product marketplace. Topics in the federal mortgage related laws section include RESPA, ECOA, TILA, the S.A.F.E. Act, and other federal laws and guidelines. In the ethics, fraud, consumer protection and fair lending module, students will review Codes of Conduct as published by several professional organizations; investigate several examples of mortgage fraud, examine federal fair lending laws created to protect consumers. Focus areas in the training in the nontraditional mortgage product marketplace module are product risks and the subprime statement on mortgage lending, learn about mortgage product standards in the nontraditional mortgage product marketplace, explore higher-priced mortgages and the practices that surround them and consider the changes involved with the passage of the Homeownership and Equity Protection Act.

		8 Hour SAFE Comprehensive: Input Knowledge; Output Success CE _Online Self Paced _Course Number 1593		$169.00
		8 Hour, Input Knowledge; Output Success, SAFE Core CE is a continuing education course, organized to review topics specifically outlined in the SAFE Act. There are four modules in this course, each aligned with the continuing education requirements: federal mortgage related laws, ethics, fraud, consumer protection and fair lending, training in the nontraditional mortgage product marketplace and general product knowledge training. Topics in the federal mortgage related laws section include RESPA, ECOA, TILA, the S.A.F.E. Act, and other federal laws and guidelines. In the ethics, fraud, consumer protection and fair lending module, students will review Codes of Conduct as published by several professional organizations; investigate several examples of mortgage fraud, examine federal fair lending laws created to protect consumers. Focus areas in the training in the nontraditional mortgage product marketplace module are product risks and the subprime statement on mortgage lending, learn about mortgage product standards in the nontraditional mortgage product marketplace, explore higher-priced mortgages and the practices that surround them and consider the changes involved with the passage of the Homeownership and Equity Protection Act. General product knowledge training addresses the basics of fixed and adjustable-rate loans, subordinate financing, special needs properties and more.

State Approved Pre-Licensing Programs:

20 Hours_Applying Mortgage Knowledge to Exam Preparation_S.A.F.E. Comprehensive - Course #1054 [09/06-09/17/10]

$399.00

20 Hours_Applying Mortgage Knowledge to Exam Preparation_S.A.F.E. Comprehensive is a mortgage pre-licensing course organized to review topics specifically outlined in the National Mortgage Loan Originator Test Content Outline. This course meets the federal mortgage training requirements found in the S.A.F.E. Mortgage Licensing Act of 2008 and helps to prepare students for the National Mortgage Loan Originator Test.

There are four modules in this course, each aligned with the test content outline: Federal Mortgage Related Laws, General Mortgage Knowledge, Mortgage Loan Origination Activities, and Ethics. Topics in the Federal Mortgage Related Laws section include RESPA, ECOA, TILA, the S.A.F.E. Act, and other federal laws and guidelines. In the General Mortgage Knowledge module, students will review mortgage programs, mortgage loan products and terms used in the operation of the mortgage market. Focus areas in the Mortgage Loan Origination Activities module are application information and requirements, qualification (processing, and underwriting), appraisals, title reports, specific program guidelines, closing and financial calculations. The final module will discuss Ethics as it pertains to federal mortgage laws, appraisal practices, fraud, and ethical behavior.

Students will be presented with many practice test questions throughout this course to begin developing an understanding of how this vital information can be formed into test questions.

State-specific requirements may also be applicable at the end of the course.

20 Hours_Applying Mortgage Knowledge to Exam Preparation_S.A.F.E. Comprehensive - Course #1054 [09/13-09/24/10]

$399.00

Students will be presented with many practice test questions throughout this course to begin developing an understanding of how this vital information can be formed into test questions.

State-specific requirements may also be applicable at the end of the course.

20 Hours_Applying Mortgage Knowledge to Exam Preparation_S.A.F.E. Comprehensive - Course #1054 [09/20-10/01/10]

$399.00

Students will be presented with many practice test questions throughout this course to begin developing an understanding of how this vital information can be formed into test questions.

State-specific requirements may also be applicable at the end of the course.

20 Hours_Applying Mortgage Knowledge to Exam Preparation_S.A.F.E. Comprehensive - Course #1054 [09/27-10/08/10]

$399.00

Students will be presented with many practice test questions throughout this course to begin developing an understanding of how this vital information can be formed into test questions.

State-specific requirements may also be applicable at the end of the course.

		4 Hour_Review of Ohio Mortgage Law - Online Instructor Led - Course #1481 [09/09-09/10/10]		$129.00
		Four Hour Review of Ohio Mortgage Laws provides a review of Ohio’s Mortgage Broker Act, the Ohio Mortgage Loan Act, and other laws that impact mortgage lending in Ohio. The course offers a thorough review of the material that license applicants must understand on order to earn on a passing score on the Ohio S.A.F.E. Mortgage Loan Originator Test. It also offers all mortgage professionals an overview of the laws that they need to understand in order to make, broker, or originate loans in compliance with Ohio law. The review of these laws include areas such as the Ohio Department of Commerce Division of Financial Institutions (the Department), state law and regulation definitions, license law and regulation, compliance, and disciplinary actions.

		4 Hour_Review of Ohio Mortgage Law - Online Instructor Led - Course #1481 [09/16-09/17/10]		$129.00
		Four Hour Review of Ohio Mortgage Laws provides a review of Ohio’s Mortgage Broker Act, the Ohio Mortgage Loan Act, and other laws that impact mortgage lending in Ohio. The course offers a thorough review of the material that license applicants must understand on order to earn on a passing score on the Ohio S.A.F.E. Mortgage Loan Originator Test. It also offers all mortgage professionals an overview of the laws that they need to understand in order to make, broker, or originate loans in compliance with Ohio law. The review of these laws include areas such as the Ohio Department of Commerce Division of Financial Institutions (the Department), state law and regulation definitions, license law and regulation, compliance, and disciplinary actions.

		4 Hour_Review of Ohio Mortgage Law - Online Instructor Led - Course #1481 [09/23-09/24/10]		$129.00
		Four Hour Review of Ohio Mortgage Laws provides a review of Ohio’s Mortgage Broker Act, the Ohio Mortgage Loan Act, and other laws that impact mortgage lending in Ohio. The course offers a thorough review of the material that license applicants must understand on order to earn on a passing score on the Ohio S.A.F.E. Mortgage Loan Originator Test. It also offers all mortgage professionals an overview of the laws that they need to understand in order to make, broker, or originate loans in compliance with Ohio law. The review of these laws include areas such as the Ohio Department of Commerce Division of Financial Institutions (the Department), state law and regulation definitions, license law and regulation, compliance, and disciplinary actions.

		4 Hour_Review of Ohio Mortgage Law - Online Instructor Led - Course #1481 [09/30-10/01/10]		$129.00
		Four Hour Review of Ohio Mortgage Laws provides a review of Ohio’s Mortgage Broker Act, the Ohio Mortgage Loan Act, and other laws that impact mortgage lending in Ohio. The course offers a thorough review of the material that license applicants must understand on order to earn on a passing score on the Ohio S.A.F.E. Mortgage Loan Originator Test. It also offers all mortgage professionals an overview of the laws that they need to understand in order to make, broker, or originate loans in compliance with Ohio law. The review of these laws include areas such as the Ohio Department of Commerce Division of Financial Institutions (the Department), state law and regulation definitions, license law and regulation, compliance, and disciplinary actions.

Certified Professional Development Courses (NOT APPROVED FOR CEU's):

		Lending Integrity Ethics - Online 2 Hours - PD-SL0-08NAMB-8000		$43.00
		PLEASE NOTE: THIS COURSE DOES NOT SATISFY STATE CONTINUING EDUCATION REQUIREMENTS. IT IS A NON-ACCREDITED, TRAININGPRO PROFESSIONAL DEVELOPMENT COURSE. For more details on state-accredited courses, please contact a TrainingPro account representative at 1-877-878-3600. Understand the role of ethics in mortgage lending. Students will learn about the importance of ethical decision making and business practices, review codes of ethics and identify the most common unethical mortgage lending practices that violate federal laws. This course will reiterate the importance of honesty, fair play and the principles of ethical business practices such as moral integrity, agency, and economic justice.

		PDM: Observing the Law: RESPA Compliance in 2009 and Beyond		$89.00
		Are you ready to comply with the new RESPA requirements? Effective January 2010, you will be required to change important components of your origination process. Don’t wait until the last minute to learn about these new expectations! As part of TrainingPro’s Observing the Law Series, RESPA Compliance in 2009 and Beyond takes a comprehensive look at the new obligations created by HUD’s November 2008 final ruling. Course participants will briefly review the general mortgage industry responsibilities created by RESPA and Regulation X, then dig into a step-by-step look at the new GFE and HUD-1: - Review the long road to RESPA reform and how it impacts you today - Understand how the new forms protect -- Identify the information that is required for proper RESPA disclosure - Differentiate between fees that can vary from application to closing, and those which cannot

		PDM: Observing the Law: The FTC’s New Red Flag Rules		$74.00
		The continued growth of identity theft harms consumers and damages the mortgage industry. The Federal Trade Commission’s Red Flag Rules require you to take steps to prevent this form of fraud! Are you ready to meet these obligations when they go into effect in August 2009? Arm yourself with the information you need to meet the FTC’s requirements and protect your customers. As part of TrainingPro’s Observing the Law Series, The FTC’s New Red Flag Rules explains what you must do to identify and minimize the impact of identity theft. Course participants will: - Understand of the overall requirements of the Red Flag Rules - Gain a familiarity with the expectations that relate to the mortgage industry, and those that do not - Review specific steps you can take in the loan origination process to detect identity theft

PDM: Putting New Loan Originators on the Fast Track

$249.00

PLEASE NOTE: THIS COURSE DOES NOT SATISFY STATE CONTINUING EDUCATION REQUIREMENTS. IT IS A NON-ACCREDITED, TRAININGPRO PROFESSIONAL DEVELOPMENT COURSE. For more details on state-accredited courses, please contact a TrainingPro account representative at 1-877-878-3600

This course provides a snapshot of the mortgage industry for new mortgage professionals. Course participants will achieve:

- A working knowledge of the complete loan process, and the role that the LO plays in that process
- A basic understanding of the importance of communication and relationship-building in the mortgage loan process
- The fundamentals of important mortgage industry laws, forms and disclosures
- Mortgage terminology and concepts

Interactive elements are included, such as an interactive mortgage industry glossary and other "hands-on" resources

		The Latest Limitations and Rewards of FHA & VA Lending PD-SL0-09TP-0020		$139.00
		PLEASE NOTE: THIS COURSE DOES NOT SATISFY STATE CONTINUING EDUCATION REQUIREMENTS. IT IS A NON-ACCREDITED, TRAININGPRO PROFESSIONAL DEVELOPMENT COURSE. Open the door to government-sponsored mortgage loans! This non-accredited, professional development online course reviews key elements of FHA lending with an overview of requirements for VA lending. Get acquainted with the newest and latest FHA initiatives and requirements while establishing a solid framework for this long-standing lending option. The course includes the most up to date information issued by HUD, including: - The new HOPE for Homeowners Program - Changes to MIPs and new down payment requirements - Updates to FHA Secure and maximum lending limits announced for 2009 As an introduction for students new to FHA lending and as a refresher to more advanced FHA lenders, we also focus on: - An overview of FHA and VA programs with all major requirements needed to successfully originate loans - FHA underwriting guidelines - FHA appraisal and title requirements