Real Estate Loan Documentation Basics

Collections Compliance Human Resources Lending

On-Demand Webinar

StreamedJul 9, 2024Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Do you make residential real estate loans?

Do you have the documentation requirements mastered, or would a checklist be helpful? Which regulations govern the process? What about flood insurance, appraisal, loan estimate, and closing disclosure documentation? This impactful program will address all these issues and more. Join us to get real estate loan documentation down pat!

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Identify potential fair lending issues in loan documentation
Understand E-SIGN requirements for electronic disclosures
Gather required GMI and HMDA data
Determine if appropriate flood insurance is in place
Review appraisal requirements
Avoid TRID errors on loan estimates and closing disclosures
Document compliance with BSA requirements
Use provided checklists to verify loan file documentation

WEBINAR DETAILS

Over the last several years, the thickness of an average loan file has grown from being measured in millimeters to inches. This is especially true for residential real estate loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after closing. But with so many regulations governing loan compliance, exactly what should be included? What documents are required and what important things need to be verified on each? This jam-packed session will explain how to avoid mistakes when preparing consumer real estate loan files.

WHO SHOULD ATTEND?

This session is designed for consumer mortgage loan officers, loan operations personnel, compliance officers, and internal auditors.

TAKE-AWAY TOOLKIT

Consumer real estate loan documentation checklist
Flood insurance determination worksheet
Sample changed circumstance form
Red flag data checklist
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.