BENCHMARK LENDING, LLC

The principle broker has over 30 years experience in the real estate industry, going back to the early 70’s when Jimmy Carter was the President of the United States.

Our training philosophy is very simple.  We will train you how to become a loan consultant that is able to fulfill clients’ financial needs and make money in a very short period of time while retaining a full time job elsewhere.

The training programs consist of self marketing, qualifying a potential borrower, price and rate programs, and loan processing.  Training session include, classroom environment and instructions over the internet.  Loan officer support is available 7 days a week; either through phone communication, email, or in person one on one.

Topics Covered:

Phase One Training:

• Marketing:
1. Career transistion annnouncement.
2. On going marketing campaign
3. strategies,
4. techniques, and “
5. street-level” practices

Phase Two Training:

• Loan origination:

1. Filling out loan application
2. Pricing (manual/automation)
3. Underwriting (prequalifying)
4. Collecting information

Phase Three Training:

• Pre-processing the application
1. LOS training
2. DO/DU training
3. Structuring a file for submission
4. Loan Doc and Closing processing

Scope of the Training/Support:

1. Real Estate Industry Cycle 
2. Mortgage terminology  
3. Application (1003) – explaining each section to speed-up processing time and reduce underwriting conditions with proper technique and documentation
4. Good Faith Estimate and Truth-In-Lending, including calculations incorporating Annual Percentage Rate (APR) and Amount Financed. Calculations explained “by-hand” to effectively explain to clientele.
5. Advanced pre-qualification techniques with in-depth pre-qual workshop
6. Rate sheet pricing procedures 
7. Credit and credit counseling 
8. Explanation of Fannie Mae, Freddie Mac, Portfolio, Niche, VA, FHA, Construction, Commerical and Sub-Prime mortgage products
9. Loan Origination Software - live via internet in the comfort of your home or your office.
10. Construction loan structuring and process.