Loan Officer Training: Adding 2nd Mortgages to your Product Offerings

12/04/2023 27 min
Loan Officer Training: Adding 2nd Mortgages to your Product Offerings

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Episode Synopsis

Loan Officers, you have a good training today! Learn how lucrative you can be as the "go-to" mortgage consultant for your borrowers. Offering different products is crucial in this market! Learn how you can add a 2nd mortgage to your list of products and figure out the best way to structure the deal for maximum benefit to your borrowers! Fixed rate 2nd Mortgages are available for Primary Residences, Second Homes, and even Investment properties! The Mortgage Calculator offers Fixed Rate 2nd Mortgages with Full Doc or even Bank Statement income documentation! A very unique Non-QM Alt Income 2nd Mortgage product for our borrowers!#2ndmortgage #2ndmortgageloan #loanofficers #mortgageloanofficer #loanofficertraining The Mortgage Calculator Loan Officer Training Series covers an in depth training for new and experienced MLOs on different loan types. Our program features a live demo to not only structure a loan, but also the specific setup of a loan file in an LOS system such as Encompass.Loan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/joinAbout 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-QM mortgage loan programs using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes!Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access thousands of mortgage programs using AlternatCatch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-PodcastLoan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/joinThe 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 thousands of Non-QM mortgage loan program variations using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes! Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as acc...

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