= Access Restricted Last update: 09/09/10
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Home > Education
BanKnology — The Fundamentals of Lending
A self-paced comprehensive training program designed to provide all loan employees with a thorough understanding of The Fundamentals of Lending. Now it's time to return to the old fashion basics of making a loan. Gone forever are the days of easy subprime loan qualification. BanKnology - The Fundamentals of Lending gives your entire loan staff the training and answers to compete in today's new mortgage world. This 670-page manual will insure that your staff has up-to-date knowledge and the capability to perform their assigned job tasks for superior customer service. - History of banking
- Federal Deposit Insurance
- Conventional/FHA & VA loans
- Fannie Mae/Freddie Mac
- Down payment assistance
- Reverse mortgages
- Reg Z, RESPA, CRA, FIRREA, CCPA, FCRA, FDCPA, ERCA, SCRA and FACTA
- Deeds, notes, contracts & bankruptcy foreclosures
- Balance sheets, P&L
- Analyzing federal tax returns
- Escrow/Loan closing (HUD-1)
| - Construction lending
- Property vesting
- Appraisal principals
- Identity theft
- Credit scoring
- Credit reports
- Percentages & math problems
- Acceptable accounting practices
- Single proprietorship, partnerships & corporations
- Leases
- Amortization
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Your staff will also learn how to accurately assess risk when extending credit. We have thrown every conceivable obstacle at the trainee (including how to analyze self employed borrowers) before revealing the decision (loan approval or denial). * ICBA Member/Non-Member
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