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The Mortgage Calculator Mortgage Loan Officer Training Series covers an in depth training for new and experienced MLOs on different loan types. Our program features live demos to not only structure a loan, but also the specific setup of a loan file in an LOS system such as Encompass. Both new and experienced Loan Officers and Mortgage Brokers can learn new tips and tricks for loans, new loan products, non traditional mortgage programs and much more! For more info visit https://themortgagecal ...
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Check out new mortgage rates from all our partners LIVE as rate sheets are issued every morning! Hosted by Nick Hiersche - President & Founder of The Mortgage Calculator and Jose Gonzalez - Sales Manager. For more info visit https://themortgagecalculator.com About The Mortgage Calculator: The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-Q ...
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Welcome to the Loan Officer Sales Training podcast with The Mortgage Calculator, where we equip you with the strategies and techniques needed to skyrocket your sales production in the competitive world of lending. Whether you're a seasoned loan officer or just starting your career, this podcast is your go-to resource for mastering the art of lead generation, effective calls, and follow-up strategies that drive results. Here's a glimpse of what you can expect: 1. Lead Generation Mastery: Disc ...
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Welcome to another exciting episode of "Daily Mortgage Rates LIVE," your trusted source for the latest insights, trends, and expert advice in the mortgage industry. Today, we're focusing on a special type of loan that has helped countless veterans achieve the dream of homeownership: VA Loans. Are you a veteran, active-duty service member, or an eli…
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Unlock the full potential of your loan origination skills with our latest episode of "Loan Officer Training." This week, we're diving into the fundamentals of credit report review, focusing on how to properly analyze credit reports for credit simulation opportunities. Whether you're a seasoned professional or just starting out, this episode is pack…
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Are you ready to elevate your loan officer career with the power of data? Welcome to "Lead Stats," the ultimate podcast designed to transform how you understand and utilize sales statistics. As part of the acclaimed "Loan Officer Sales Training" series, "Lead Stats" offers a comprehensive and engaging exploration of the numbers that drive success i…
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Ready to take your loan origination game to the next level? In this action-packed episode of "Loan Officer Training," we unlock the secrets to mastering the initial call and properly vetting the deal. Perfect for both seasoned pros and eager newbies, this episode is your ticket to becoming a top-performing loan officer. Discover the art of the init…
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Welcome to another compelling episode of "Daily Mortgage Rates LIVE," your go-to source for the latest in mortgage trends, tips, and expert guidance. Today, we're focusing on a vital topic for aspiring homeowners: Down Payment Assistance Loans. Are you dreaming of owning a home but struggling to save for a down payment? You’re not alone, and we’ve …
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Welcome to another insightful episode of "Daily Mortgage Rates LIVE," where we bring you the latest trends, tips, and expert advice from the world of mortgages. Today, we're diving into the fascinating realm of Asset Utilization Loans—a game-changer for those with substantial assets but limited income. Have you ever wondered how to leverage your in…
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Welcome back to Daily Mortgage Rates Live! In today's episode, we're diving into a groundbreaking solution reshaping the landscape of homeownership: CDFI Primary No Income Loans. If you've felt sidelined by traditional mortgage requirements, this discussion is your beacon of hope. Join our host with esteemed experts as we uncover how these loans ar…
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Are you a loan officer looking to expand your expertise and provide invaluable support to your clients? Dive into this essential episode of the "Loan Officer Training" podcast, where we unravel the intricacies of structuring down payment assistance loans. In "How to Structure a Down Payment Assistance Loan," our expert hosts will guide you through …
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In this episode of Daily Mortgage Rates Live, we're taking a deep dive into the increasingly popular 40 Year Amortization Loans. If you're looking for lower monthly payments and more financial flexibility, this episode is a must-listen. Join our host and a top mortgage specialist as they unravel the benefits and potential drawbacks of extending you…
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Welcome to another essential episode of "Loan Officer Training," the go-to podcast for professionals in the mortgage industry. This week, we're diving into "How to Structure a HELOAN," an invaluable skill set that every loan officer needs to master. Are you ready to unlock the secrets of Home Equity Loans? In this episode, we'll guide you through t…
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Welcome to another episode of Daily Mortgage Rates Live! Today, we’re exploring the world of Profit & Loss Loans—a perfect solution for business owners and self-employed individuals who struggle with traditional mortgage requirements. If your financial statements tell a better story than your tax returns, this episode is for you. Join our host with…
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Welcome to "Loan Officer Training," the podcast designed to elevate your expertise in the mortgage industry. In this week's must-listen episode, "Effective Rate Lock Management," we dive into the art and science of mastering interest rate locks—an essential skill that can set you apart from the competition and make you a true client champion. Imagi…
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Welcome to another insightful episode of Daily Mortgage Rates Live! Today, we’re unraveling the mysteries of bank statement loans—a game-changer for self-employed individuals, freelancers, and business owners. If traditional mortgage requirements have left you feeling frustrated, this episode is your guide to a flexible alternative that leverages y…
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Welcome to another insightful episode of Daily Mortgage Rates Live! In this episode, we’re diving into the world of mixed-use property loans, a crucial tool for investors and developers looking to finance properties that combine residential and commercial spaces. Join us as we explore the unique advantages of mixed-use properties, which offer a ble…
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Welcome to another episode of Loan Officer Training! In this installment, we tackle the dynamic world of short-term rental property loans. With the rise of platforms like Airbnb and VRBO, short-term rentals have become a lucrative investment strategy. However, structuring loans for these properties presents unique challenges and opportunities. Join…
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Welcome to another insightful episode of Loan Officer Training! In this episode, we dive deep into the intricacies of structuring BRRRR real estate loans. BRRRR, which stands for Buy, Rehab, Rent, Refinance, Repeat, is a popular strategy among real estate investors looking to maximize their returns with minimal capital. Join our expert host as they…
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Welcome to another insightful episode of Daily Mortgage Rates Live! In this episode, we dive into the world of 2-4 unit property loans, a versatile and increasingly popular financing option for both investors and homebuyers. Our hosts breaks down everything you need to know about securing loans for duplexes, triplexes, and fourplexes. Tune in as we…
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Welcome to Loan Officer Training, where we equip you with the knowledge and skills to excel in the ever-evolving world of lending. In this episode, we unravel the intricacies of structuring loans for borrowers with Individual Taxpayer Identification Numbers (ITINs). Join our seasoned host and expert guest, a distinguished loan officer with a wealth…
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Welcome to a special episode of "Daily Mortgage Rates LIVE" where we're shaking up the mortgage game with our focus on "Low Credit Score Loans." If you've ever felt like your credit score was holding you back from owning a home, this episode is your key to unlocking the door to homeownership! Join us as we break down the myths and misconceptions su…
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In this insightful episode of "Loan Officer Sales Training," we dive deep into the crucial phases of closing and post-closing sales. Join us as we explore strategies and best practices for ensuring a smooth closing process, maintaining client satisfaction, and leveraging post-closing opportunities to enhance long-term relationships and generate ref…
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In this episode of "Daily Mortgage Rates LIVE," we're diving into the lucrative world of short-term rental property loans. Join us as we uncover how these specialized loans can help you turn a property into a profit-making asset through platforms like Airbnb or Vrbo. Discover the ins and outs of short-term rental property financing, including the d…
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Loan Officer Training 5/16/24 - How to Structure Freddie Mac HomePossible First-Time Homebuyer Loans
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In this episode of "Loan Officer Training," we unravel the intricacies of structuring Freddie Mac Home Possible loans tailored specifically for first-time homebuyers. Equipping loan officers with a comprehensive understanding of the Home Possible program is essential for guiding clients through the path to homeownership. Join us as we navigate the …
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In this episode of "Daily Mortgage Rates LIVE," we delve into the realm of low down payment loans, a topic that's on the minds of many prospective homebuyers. Join our host as they break down the ins and outs of these loans, exploring their benefits, potential pitfalls, and everything in between. Discover how low down payment loans can open doors f…
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Loan Officer Training 05/15/2024 - How to Structure Fannie Mae HomeReady First-Time Homebuyer Loans
30:40
In this installment of "Loan Officer Training," we delve into the intricacies of structuring Fannie Mae HomeReady loans tailored for first-time homebuyers. Understanding the nuances of HomeReady loans is essential for loan officers aiming to assist clients in achieving their dream of homeownership. Join us as we dissect the key components of Fannie…
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In this episode of "Daily Mortgage Rates LIVE," we're demystifying manufactured home loans. Whether you're dreaming of your first home or considering an investment opportunity, manufactured homes offer affordability and flexibility. But how do you finance one? Join us as we simplify the process of getting a manufactured home loan. We'll cover every…
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In this episode of "Loan Officer Training," we dive into the intricacies of structuring loans for foreign national borrowers. Serving international clients presents unique challenges and opportunities for loan officers, requiring a deep understanding of regulatory requirements, documentation processes, and risk management strategies. Join us as we …
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In this episode of "Daily Mortgage Rates LIVE," we delve into the dynamic world of blanket (portfolio) loans and their role in expanding your real estate investment portfolio. Whether you're a seasoned investor looking to streamline your financing or a newcomer eager to explore new avenues of property acquisition, blanket loans offer a flexible and…
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In this episode of "Loan Officers Sales Training," we delve into the crucial aspect of marketing yourself effectively as a loan officer. With the competitive landscape of the mortgage industry, standing out is paramount, and your personal brand plays a significant role in attracting clients and growing your business. Join us as we explore actionabl…
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On today's episode of "Daily Mortgage Rates LIVE," we dive deep into the world of ground-up construction loans. Whether you're envisioning your dream home or planning a lucrative development project, understanding the ins and outs of construction financing is crucial. Join us as we unravel the complexities of securing funding for new construction p…
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In this episode of "Daily Mortgage Rates LIVE," we uncover the art and science behind Fix/Flip Loans, a strategic financing tool for real estate investors and aspiring property developers. Join us as we delve into the fundamentals of Fix/Flip Loans, designed to provide short-term capital for purchasing and renovating distressed properties with the …
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Welcome back to "Loan Officer Training," where we equip you with the tools to navigate the ever-changing landscape of lending. In this episode, we dive deep into the intricate world of interest-rate fluctuations. Interest rates are the lifeblood of lending, influencing everything from mortgage rates to business loans. As a loan officer, understandi…
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In this installment of "Daily Mortgage Rates LIVE," we explore the game-changing potential of One-Time Close Loans, a dynamic financing solution revolutionizing the construction and home buying experience. Join us as we unpack the intricacies of these loans, which seamlessly combine construction and permanent financing into a single, streamlined pr…
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Welcome to "Loan Officer Training," where we equip you with the knowledge and skills to excel in the dynamic world of lending. In this episode, we dive deep into the intricacies of structuring a manufactured home loan. Manufactured homes offer an affordable housing solution for many individuals and families. However, financing these homes can prese…
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In this episode of "Daily Mortgage Rates LIVE," we shed light on Prime Jumbo Loans, a niche yet powerful financial tool in the world of real estate financing. Join us as we dissect the intricacies of these loans designed for high-value properties, offering borrowers substantial flexibility and competitive rates. From luxury homes to investment prop…
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In this episode of "Loan Officer Training," we delve into the essential skill of deciphering a title commitment. Understanding the intricacies of this critical document is paramount for any loan officer navigating the complex landscape of real estate transactions. Join us as we break down the components of a title commitment, from deciphering legal…
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In this special episode of "Daily Mortgage Rates LIVE," we delve into the world of HELOANS – Home Equity Loans, exploring their benefits, risks, and everything in between. Hosted by industry experts, we navigate the intricacies of leveraging home equity to access funds for various financial needs. From home renovations to debt consolidation, HELOAN…
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In this compelling episode of "Loan Officer Sales Training," we tackle one of the most common challenges faced by mortgage professionals: competing with lower interest rates offered by competitors. Join our host, a seasoned loan officer with a knack for staying ahead of the game, as they dissect strategies to effectively address this issue head-on.…
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Welcome to "Daily Mortgage Rates Live"! In this episode, we're diving into the world of mixed-use property loans, where residential and commercial spaces collide to create unique investment opportunities. Join us as we uncover the ins and outs of financing mixed-use properties, shedding light on the strategies and considerations that can lead to su…
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In the fifth installment of "Loan Officer Success Stories," we continue our journey of inspiration and empowerment by showcasing the triumphs of loan officers who have achieved remarkable success in the mortgage industry. Join our host as they share captivating narratives and insightful interviews with individuals who have overcome obstacles, seize…
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Welcome to "Loan Officer Training," your comprehensive guide to navigating the complexities of mortgage lending. In this episode, we'll be discussing the essential steps to structure a Freddie Mac CHOICE Renovation Loan. Join us as we delve into the intricacies of this specialized loan product, designed to finance the purchase of a home along with …
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Welcome to "Daily Mortgage Rates Live"! In this episode, we're unraveling the complexities of 1099 loans, providing essential guidance for self-employed individuals seeking to purchase a home. Join us as we explore the unique challenges and opportunities associated with securing financing through 1099 loans, offering valuable insights to empower as…
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Loan Officer Training 05/01/2024 - How to Calculate Non-QM Self Employed Income: Profit & Loss
20:23
Welcome to "Loan Officer Training," your go-to podcast for mastering the intricacies of mortgage lending. In this episode, we're diving into the process of calculating non-QM (Non-Qualified Mortgage) self-employed income using Profit & Loss statements. Join us as we explore the specific techniques and documentation required to accurately assess the…
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In this dynamic episode of "Loan Officer Sales Training," we dive deep into the art and science of closing more loans in the competitive mortgage industry. Join our host, an experienced loan officer and sales guru, as they unravel the key strategies and techniques essential for increasing your loan closing rate. Explore proven methods for building …
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Welcome to "Daily Mortgage Rates Live"! In this episode, we're exploring the realm of financing for 5-8 unit properties, where opportunities for investment and income generation abound. Join us as we delve into the strategies and considerations involved in securing loans for these multifamily dwellings, offering valuable insights for investors and …
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Welcome to "Loan Officer Training"! In this episode, titled "How to Calculate REO Rental Income on a 1003," we delve into the nuances of assessing rental income from Real Estate Owned (REO) properties on a 1003 loan application. Hosted by experts, this episode is essential for loan officers seeking to accurately evaluate rental income for mortgage …
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In this episode of "Loan Officer Sales Training," we delve into the often underestimated art of follow-up and its profound impact on your success in the mortgage industry. Join our host, seasoned loan officer and sales expert, as they uncover the strategies and techniques that can transform a simple inquiry into a closed deal. Discover why follow-u…
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Welcome to "Daily Mortgage Rates Live"! In this episode, we shine a spotlight on ITIN loans, a vital resource for individuals without a Social Security Number who dream of homeownership in the United States. Join us as we demystify ITIN loans, uncovering the possibilities they offer for those seeking to establish roots and build wealth in America. …
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In this episode of "Loan Officer Sales Training," we explore the invaluable resource of your sphere of influence and how to leverage it effectively to grow your lending business. Join us as we discuss the significance of nurturing relationships within your sphere, including friends, family, colleagues, and past clients. Learn how to cultivate trust…
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Welcome to another enlightening episode of "Daily Mortgage Rates Live"! Today, we're exploring the world of foreign national loans, offering a pathway to homeownership for non-U.S. citizens. Join us as we demystify this specialized mortgage option, tailored to meet the unique needs of international buyers. Are you a foreign national dreaming of own…
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In this episode of "Loan Officer Sales Training," we delve into the essential trait of confidence and how it can elevate your effectiveness as a salesperson in the lending industry. Join us as we explore practical strategies and mindset shifts to help you cultivate and maintain confidence in your sales role. We'll discuss techniques for overcoming …
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