Foundations on Demand

Mortgage Fundamentals

Mortgage Fundamentals is an essential course for those newer to the mortgage industry. Build your core knowledge of the overall mortgage lifecycle, key terminology, loan products, and more!

Introduction

The Mortgage Process

Escrow Components

Loan to Value

Loan Products

Three Cs – Credit, Capacity, Collateral

Mortgage Fraud Fundamentals

Learn the mortgage industry basics.

There is no video for this lesson. Complete the corresponding section of the workbook and continue.

 

Explore the mortgage process and different payment terminology.
Learn the specifics of escrow accounts.
Learn the definition of Loan to Value, how it’s calculated and what it represents for customers.
Explore different loan categories and their applicable rate adjustments.
Explore each of the main parameters of the mortgage underwriting process.
Learn the basics of mortgage fraud and how it impacts you and your company.