D.O. teaches the class how to understand and calculate closing costs on a purchase transaction. Because this was taught to originators in Florida - in encompasses some Florida specifics.
John ColemanMay 24, 2023
How To Explain Closing Costs To Buyers Tune in and be a fly on the wall as D.O. instructs rookie MLO's on how to explain closing costs to a client.
John ColemanMarch 6, 2023
Understanding & Explaining Loan Estimates and Tolerance Limits D.O. explains how tolerance limits impact accurate estimation. Additionally, he further shares how he explains loan estimates to his clients.
John ColemanJanuary 18, 2023
Understanding Loan Estimates Time-block an hour your calendar before you click play. This video is of D.O. explaining to the class what he looks for when a client sends over…
John ColemanJanuary 18, 2023
Understanding Escrow Reserve Accounts and Pre-Paid Interest Part of a homebuyer’s closing cost is interest. However, if they close at the beginning of the month - they may be eligible…
John ColemanNovember 23, 2022
Loan Denials You should never have a loan denied. You have too many resources at your disposal. However, if you have a loan being denied - own it, learn from…
John ColemanJune 15, 2022
How Long Does It Take To Close? Closing loans in under 30 days is a great way to win a Realtor over and to make your borrower's offer stand out.…
John ColemanJune 8, 2022
Loan Officers, Processors, and Loan Partners Think of a mortgage loan closing from an assembly line production standpoint. There are various team members that work on the line. A few…
John ColemanJune 8, 2022
The Importance Of Closing On Time Successful lenders always close on time. Period. End of story. Learning how to close quickly will help you and your client win bidding wars.…
John ColemanMay 11, 2022
