Click here to download a copy of Course 1:  Mortgage Banking Fundamentals registration form (PDF/137KB)

Course 1:  Mortgage Banking Fundamentals meets for six consecutive Thursdays from October 2 through November 6, 2008, at New Hampshire Housing, 32 Constitution Drive (East Entrance), Bedford, New Hampshire, from 9 A.M. to 12 P.M. It is for employees who have less than one year of experience in residential mortgage lending. Cost to attend $195/members and $250/non-members. Sign up for individual classes at $35/members and $50/non-members. Preregistration is required.  Each class is approved for Maine continuing education credits.

New Hampshire Housing's East Entrance:  As soon as you enter New Hampshire Housing's parking lot, take an immediate right, versus a left to reach the main entrance.  Plenty of parking is available.  You will see a doorway at the end of a short, slightly wooded paved sidewalk.  Use this door to enter the meeting area.

Course 1:  Mortgage Banking Fundamentals Description
This six-week course is continually updated and enhanced to meet the needs of the ever-changing mortgage industry.  It is held one morning a week and features discussions and lectures by experienced professionals in the residential mortgage lending field. 

The purpose of the course is to introduce students to the variety of topics and activities associated with mortgage lending in order to expand their understanding of the complexity of the industry.  Secondary market guidelines are taught throughout the course.  The course is recommended for employees with less than one year of experience in residential mortgage lending.

The student's grade consists of prompt attendance, class participation.  A test will be administered at the end of each class to fulfill the requirements of Maine continuing education.  After successful completion of the course, students will receive a certificate of achievement.

Continuing education credits for Maine are offered for each classes.  Maine requires 18 credit hours for the first year and 12 credit hours annually thereafter.  Each Maine credit hour is equivalent to 50 minutes.  Please contact the MBBA-NH office by clicking here, if you have questions

REGISTER AND PAY FOR MORTGAGE BANKING FUNDAMENTALS ONLINE:
 

Entire six-week course - Member Price: $ 195.00 Quantity:

Entire six-week course - Non-member Price: $ 250.00 Quantity:

REGISTER AND PAY FOR INDIVIDUAL CLASSES OF
MORTGAGE BANKING FUNDAMENTALS ONLINE:

Class 1- October 2, 2008
INTRODUCTION TO COMPLETING THE APPLICATION AND ORIGINATION FORMS
Gladys White, Senior Loan Originator, Residential Mortgage Services, Inc. (3 Maine credits)
 

Class 1 - Member Price: $ 35.00 Quantity:

Class 1 - Non-member Price: $ 50.00 Quantity:

Class  2 –October 9, 2008
REVIEW OF PURCHASE AND SALES AGREEMENT (1-1/2 Maine credits)
Gary Coffin, Chief Financial Officer, Horizon Settlement Services, Inc.
UNDERSTANDING THE CREDIT REPORT (1-1/2 Maine credits)
Kelly Mulholland, New England Sales Manager, CBC Innovis
 

Class 2 - Member Price: $ 35.00 Quantity:

Class 2 - Non-member Price: $ 50.00 Quantity:

Class  3 – October 16. 2008
PRODUCTS AND PRICING (1-1/2 Maine credits)
Gina McCulloch, Regional Manager, Mortgage Network, Inc.
PROCESSING AND UNDERWRITING CONVENTIONAL MORTGAGES (1-1/2 Main Credits)
Elaine Flynn, Regional Underwriting Manager, AIG United Guaranty
 

Class 3 - Member Price: $ 35.00 Quantity:

Class 3 - Non-member Price: $ 50.00 Quantity:

Class  4 – October 23, 2008
APPRAISALS FROM A LENDER'S POINT OF VIEW (1-1/2 Maine credits)
Cynthia Lynn Colburn, First Vice President, MNET Mortgage
CLOSING THE REAL ESTATE LOAN (1-1/2 Maine credits)
Doreen White, Relationship Manager/Closing Officer, Market Street Settlement Group

Class 4 - Member Price: $ 35.00 Quantity:

Class 4 - Non-member Price: $ 50.00 Register:

Class  5 – October 30, 2007
MORTGAGE LENDING PROCESS:  A RECAP (3 Maine credits)
Mark E. Chalifour, Vice President, Merrimack Title Company, Inc.

Class 5 - Member Price: $ 35.00 Quantity:

Class 5 - Non-member Price: $ 50.00 Register:

Class  6 – November 6, 2007

POST CLOSING AND FRAUD PREVENTION (3 Maine credits)
Ben Niles, Account Manager, Freddie Mac

Class 6 - Member Price: $ 35.00 Quantity:

Class 6 - Non-member Price: $ 50.00 Register: