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Course Description
This course is designed for individuals who are interested in understanding the basics of preparing a closing package for a residential first mortgage that will meet Fannie Mae and Freddie Mac standards. This course covers the basic procedures and documentation involved in a successful first mortgage closing.
The following topics will be covered in this course:
- Items to be concerned about when dealing with Title Insurance
- The factors that may require a title policy endorsements
- Title exceptions that may remain on the final policy
- Methods of title fraud and forgery
- The function of hazard insurance and how it effects a closing
- How to show proof of hazard insurance
- The basics of the mortgage survey
- Advice on closing from industry experts
For full course details and objectives, click here.
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