Residential Mortgage Lending: Accelerated Workshop

CFT Credits: 0.00

This Residential Mortgage Lending training course covers construction and permanent financing for residential property; real estate law; documentation; mortgage loan servicing; the secondary mortgage market; the role of government in mortgage lending; and residential real estate as an investment. The discussion of underwriting, processing, and servicing will give participants a framework for learning the mortgage lending business and refining their existing knowledge. Additionally, the coverage of laws and regulations affecting mortgage lending provide an understanding of mortgage lending history and a glimpse into its future. Topics include:

  • History of Mortgage Lending
  • Role of Residential Mortgage Lending in the Economy
  • The Mortgage Lenders
  • Strategies for Generating Residential Loans
  • Mortgage Instruments
  • Residential Mortgage Loan Origination and Processing
  • Underwriting the Residential Mortgage Loan
  • Government Insurance and Guaranty Programs
  • Private Mortgage Insurance
  • Selling Residential Mortgage Loans
  • Secondary Mortgage Market
  • Residential Real Estate Appraisal
  • Closing the Residential Loan
  • Mortgage Loan Servicing and Administration
  • Real Estate Law and Security Instruments
  • Compliance
  • Construction Lending
  • Home Equity Loans

1.00 CFT credit will be awarded after completion of this course.

3.00 Credit Option:
After attending this two-day workshop, you can “Test Out” and earn 3.00 credits for the Residential Lending course! This course is a requirement for six (6) diplomas and certificates currently offered by the Center for Financial Training. You can also transfer your credits from a college, university, or other continuing education organization and be well on your way to receiving your diploma or certificate!  To find out more, contact us at 800-795-5242 today!

Designed for entry-level mortgage lenders, mortgage credit personnel, and bank and credit union employees who need to understand residential mortgage lending.


ERIC FORSTROM Vice President, US Bank.  Eric now a Group Product Manager who manages a portfolio of consumer credit product.  Prior to that, Eric worked with the Small Business Segment Product & Strategy team where his focus was on developing both long & short-term small business strategy initiatives for the bank.  His recent experience has extended to product/portfolio management where he managed the Home Equity credit & consumer checking account portfolios for U.S. Bank.  Eric has 25 years of banking experience with positions to include Market Trainer, Retail Branch Management, Small Business Banking, Investments and Sales.  He has taught courses for the MN AIB such as POB, Customer Service, Spanish for Bankers and Sales.  Eric has a BA from Concordia University, St. Paul, MN; is a Certified Instructor for “The Power of Service” (fka “Treating Your Customers like Gold”), a CEU accredited customer service course; has completed: US Bank courses “Leadership Development Program”, US Bank “District Manager University”, & US Bank “Credit Camp – Managing a Consumer Lending Business.

Register Here!

Times shown are local time. You can choose to pay by credit card or invoice when you register.

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