Coachella Loan Officers

The Loan Officer Guide, Vol. I (Second Edition)

Description

Have you ever contemplated the best way to explain the APR to a customer? Have you ever wished for a faster way to figure the number of months of escrows to collect? If you answered "YES!," The Loan Officer Guide has the answers to these questions and many more! Fredrick Williams presents a proven, practical system to help increase your understanding, efficiency, and productivity in the mortgage industry.

Filled with specific instructions in an easy-to-read format, The Loan Officer Guide will help you understand and effectively complete each step of the mortgage loan process while maintaining compliance with federal regulations. You’ll learn how to: 1)pre-qualify the borrower; 2)take a complete loan application; 3)read, analyze, and understand credit reports; 4)collect and analyze the appropriate, supporting documentation; and 5)submit a loan that can be easily processed, underwritten, and closed.

The Loan Officer Guide is the toolbox that allows the loan officer to improve productivity and efficiency, thus increasing profits. The book layout and the steps contained within each chapter correlate to the actual flow of a loan file from pre-qualification to closing. The author’s intent is to offer a guide that is the essential resource within the mortgage industry for loan officers and loan processors.

Reviews

Rating: 1 / 5
Date: 2005-10-15
Summary: "the lerning process"

as a loan officer in training this book has been a great tool in my lerning ,it explain in detail and clear how to do your job step by step, and how to avoid mistakes,i am glad that i found this book and recommended to any one interested in lerning about the mortgage business.

---

Rating: 5 / 5
Date: 2005-09-16
Summary: "Mastering the Mortgage business for a lay person"

Since being in the mortgage business for the past 26 years, I have read numerous mortgage books but none of them compare to Fred Williams publication. You could put the book down for a while and come back and not lost any of the information. I have recommend other individuals to purchase the book to better understand the mortgage field. I welcome anyone to contact me and I could explain in greater detail what the book has. I look forward to getting Fred's second book scheduled for publication in October, 2005.

---

Rating: 5 / 5
Date: 2004-09-10
Summary: "The Most Useful Book I've Ever Read"

I am in my first year in the mortgage industry and for the first 6 months of my career I have been totally frustrated by the lack of training and support available to rookie loan officers. One day a friend in the business suggested I pick up a copy of the Loan Office Guide and I can truly say that my understanding of the process greatly increased. I am no longer at a loss of what to ask when I interview a potential applicant and what the next step is in the process. I can refer to the book at any stage of the process if I have a question and as a result a few cases that I had pending have been re-activated and are in submission for underwriting. I strongly suggest anyone considering getting into the business to read this book before they take their pre-certification and exam. It will unscramble the mysteries of the mortgage loan process.

---

Rating: 5 / 5
Date: 2004-09-10
Summary: "Incredible Book!"

As an experienced loan officer, I was initially apprehensive about reading this book that a fellow loan officer at my company purchased. But, after reading the book from cover to cover, I was VERY IMPRESSED with how well written this book was. The author clearly has "revolutionized" the loan process from pre-qualification to the underwriting process!!!!!!!!!!

---

Rating: 5 / 5
Date: 2004-06-21
Summary: "A Helpful Guide for Beginners"

This guide is very helpful for junior lending officers and anyone interested in becoming a loan officer. The tabs in the guide make it very easy to jump to a subject quickly. The authors explain the subject matter clearly with great examples. Even the loan officers where I work read this guide and found the topics were right on the money.