Many homeowners have seen dramatic reductions in home values over these recent rough economic times. Many more have also seen lost jobs and reduced wages due to the uncertain job markets. These happenings have resulted in many borrowers being in mortgages with payments they can no longer afford.
To help resolve these types of situations, loan modification training will teach you how to deal with prospects and clients that want or need to modify their mortgage. The Loan Officer Training Center is your home for all manner of loan modification training.
What Will Loan Modification Teach Me?
In order to accurately help your clients, you will need to learn the process of how a loan modification works. Some of the pieces of the process that you will learn about include:
Debt to Income ratio and how it affects the loan mod
Understanding financial statements
Hardship letters and what information is absolutely necessary to be included in these
Federal and State rules and regulations
And a whole lot more!
Loan Modification Marketing To Get Business
Now that you have a handle on the essential loan modification training, you'll need to kick your loan modification marketing into high gear to find some clients.
Loan modification marketing shares many of the traits of any other mortgage marketing. This can come through direct response marketing, like ads on Craigslist, websites or flyers, or through mail or telephone campaigns where you proactively solicit prospects from a list.
Find Loan Modification Training Or Loan Modification Marketing Ideas
If you need to expand your loan modification education, choose "Loan Modification" or "Sales & Marketing" and your state under the "Professional Development" search box below.
TheLoanOfficerTrainingCenter.com. 5755 North Point Parkway, Suite 228 | Alpharetta, GA 30022 | 770-410-7569 | support@TheLoanOfficerTrainingCenter.com Copyright TheLoanOfficerTrainingCenter.com 2016 | Web Site Development by OTAU