BUS 5700 Mortgage Loan Officer (4 CEUs)
Tuition: $349.00     Fees: $376.00    

Join the boom in the home purchase and refinancing by training to become a mortgage loan officer.  This course is intended for those who are entering or seeking to advance in the mortgage lending field.  The focus is on loan origination, processing, underwriting, and closing.  Mortgage marketing will also be explored.  Calculator use and early registration is required.  For more information on the DLLR requirements for licensing please visit http://www.dllr.state.md.us/finance/mortlendac.htm.

Upon completion of this course, students should be able to:

            1.  Describe the roles of Fannie Mae, Freddie Mac, banks, Wall Street and private investors in mortgage lending.
2.   List the different types of lenders.
3.   Demonstrate an understanding of the responsibilities of a loan officer.
4.  Describe federal regulations and lean programs affecting mortgage lending.
5.  Demonstrate an understanding of the duties of a loan processor.
6.  Explain the elements of risk analysis, such as property appraisal, borrows ability, borrowers willingness, etc.
7.   Recognize the activities involved in the closing process.

For a complete listing of courses that CSM offers, please refer to the Continuing Education Schedule of Courses
Or, for more information about Business, Economics and Legal Studies, please contact:

Tresa Sullivan
E-mail: tresas@csmd.edu
Tel: 301-934-7557
-or-
301-884-8131, ext. 7557
301-933-9177, ext. 7557
301-870-3008, ext. 7557