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Available: |
1/2 Day Class
3 Credit Hours |
Member Price:
$55.00 |
Non-Member Price:
$95.00 |
Jan. 12, Apr. 28,
Aug. 4, Oct. 18,
Dec. 6 |
| Learn the basics of an appraisal. What do you look for when you receive the appraisal. |
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Available: |
1/2 Day Class
0 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Feb. 17, Jun. 4,
Aug. 17, Sep. 7
Dec. 10 |
| Learn how to utilize one of the lending loan origination programs. |
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| Commercial Lending I Course (Introduction to Commercial Lending) |
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Available: |
Full Day Class
8 NAMB Credit Hours |
Price:
$195.00 |
Nonmember Price:
$300.00 |
Jan. 26, May. 17,
Sep. 10 |
| This 8-hour course is designed for those brokers who have little or no experience in commercial loan brokering. Learn the basics of analyzing a commercial transaction, review an income and expense statement, arrive at a value, project a loan amount, annual debt service and loan to value. Review all aspects of financing, work in groups on an actual case study, package a loan for submission to the lender, work with the client as well as a possible co-broker and what steps must be considered, if all energies are directed to a full-timer effort. This is NAMB's most popular commercial course. |
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| Commercial Lending II Course (Advanced Commercial Loan Brokering) |
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Available: |
Full Day Class
8 NAMB Credit Hours |
Price:
$195.00 |
Nonmember Price:
$300.00 |
Feb. 5
|
| Commercial Lending I is a pre-requisite. This course examines an actual mixed-use (retail, office space and multi-family) property. Analysis of each segment of the property is completed with a final overall analysis of the entire building. Results are compared, reviewed and then a determination is made as to how best to proceed with a presentation. A small segment of the course is directed toward securing intermin financing, if needed during renovations. |
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$50.00 |
Nonmember Price:
$95.00 |
Apr. 27, Aug. 19,
Oct. 20, Dec. 8 |
| Understand the credit system and how to help the consumer with their score. |
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 9, Mar. 16,
May 11, Aug. 18
Nov. 9 |
| This is not a comparison of DO or DU but a "how to" for Fannie Mae's AUS. Learn how to use your DO on the Internet. |
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|
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$50.00 |
Nonmember Price:
$95.00 |
Jan. 27, Apr. 26,
Aug. 20, Dec. 21 |
| Learn what disclosures are required and when they need to be signed. |
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|
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Available: |
1/2 Day Class
3 Credit Hours |
Member Price:
$55.00 |
Nonmember Price:
$95.00 |
Mar. 22, Apr. 27,
Aug. 20, Nov. 12 |
| This is a group discussion on what is ethical and what is not. A look at 6 case studies. A review of the difference between legal and ethical, and finally a look at ourselves and are we ethical? |
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Available: |
1/2 Day Class
3 Credit Hours |
Member Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 23, Apr. 8,
Jun. 21, Aug. 16
Sep. 17, Nov. 29
Dec. 20
|
| Learn the correct way to take an application. See what the laws call an application. Review the proper procedures on advertisement, ECOA, and what you can and cannot ask a potential borrower. |
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Available: |
Full Day Class
6 Credit Hours (one day)
12 Credit Hours (both days) |
Member Price:
$100.00 (one day)
$180.00 (both days)
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Nonmember Price:
$145.00 (one day)
$260.00 (both days)
|
Jan. 13-14, Feb. 26-27,
Apr. 15-16, May 6-7,
Jul. 15-16, Sep. 23-24,
Oct. 7-8, Nov. 18-19,
Dec. 16-17 |
| From start to finish, learn the latest in FHA skills and information. 2nd day is FHA processing – First day required if you are a beginner. |
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Available: |
1/2 Day Class
3 Credit Hours |
Member Price:
$55.00 |
Nonmember Price:
95.00 |
Mar. 30, May 10,
Jul. 20, Dec. 15 |
| Learn the different types and reasons for fraud. Learn the best in quality control for prevention. Learn the consequences of fraud to you. |
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| Loan Originator Test Review |
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Available: |
1/2 Day Class
3 Credit Hours |
Member Price:
$55.00 |
Nonmember Price:
100.00 |
May 18, 2 Sessions
Jun. 18, 2 Sessions |
| All loan originators employed by residential mortgage licensees of the Office of Banks & Real Estate will be required to be registered through the OBRE and successfully pass an exam that will test your knowledge as a loan originator in the state of Illinois. This three-hour review will prepare you for the test. |
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 9, Mar. 16,
May 11, Aug.18,
Nov. 9, Dec. 10 |
| This is not a comparison of DO or DU but rather a HOW TO for Freddie Mac's AUS. See how to use your Loan Origination System with LP on the Internet. |
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Available: |
3 Day Class
24 Credit Hours |
Price:
$300.00 |
Nonmember Price:
$425.00 |
Jan. 5-7, Jan. 19-21,
Feb. 11-13, Feb. 23-25,
Mar. 24-26, Apr. 5-7,
Apr. 19-21, May 3-5,
May 19-21, Jun. 14-16,
Jun. 22-24, Jul. 12-14,
Aug. 10-12, Sep. 13-15,
Sep. 20-22, Oct. 4-6,
Oct. 25-27, Nov. 15-17,
Nov. 22-24, Dec. 1-3
|
| The ABC's of the mortgage process. Very basic information for those originators with less than 6 months experience. Learn how to market, what is a credit report and how to read it. Review an application and all applicable laws. |
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Available: |
2 Day Class
12 Credit Hours |
Price:
$175.00 |
Nonmember Price:
$265.00 |
Jan. 15-16, Feb. 19-20,
Mar. 9-10, Apr. 22-23,
May 27-28, Jun. 10-11,
Jul. 22-23, Aug 25-26,
Sep. 2-3, Oct. 21-22,
Nov. 3-4, Dec. 13-14 |
| Develop the skills necessary to be a good processor. Learn what a complete file needs to be approved. Examine the correct documentation. |
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| Protect Your Business - The Customer, The Law, and You |
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Available: |
All Day Class
6 Credit Hours |
Price:
$95.00 |
Nonmember Price:
$145.00 |
Apr. 12, Jun. 25,
Nov. 30 |
| "What are Fair Lending Laws, types of discrimination, violations and penalties?" Learn what could happen if your loan officer makes a mistake on the disclosures and how to protect your self. |
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|
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 22, Apr. 14,
Jul. 20, Nov. 12 |
| Learn why the RESPA law was started, how it affects us today and what changes may take place in the future. Is a Good Faith necessary and how to prepare it. |
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|
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Mar. 30, May 10,
Jul. 20, Dec. 15 |
| A hands on approach to analyze self-employed tax returns. Learn the risks connected with self-employed borrowers. |
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|
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Available: |
All Day Class
6 Credit Hours |
Price:
$95.00 |
Nonmember Price:
$145.00 |
Feb. 18, Jul. 19,
Nov. 2 |
| What are the employment laws? Discuss benefit programs for the small business. Do you have the right accounting and tax structure? |
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$40.00 |
Nonmember Price:
$75.00 |
Jan. 22, Mar. 22,
Apr. 14, May 14
Jul. 21, Sep. 8
Nov. 10, Dec. 7 |
| Review of Illinois law including the most up to date changes affecting your company. Are you using all of the required Illinois Disclosures. |
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Available: |
All Day Class
4 Credit Hours |
Price:
$75.00 |
Nonmember Price:
$125.00 |
Feb. 18, May 25,
Aug. 13, Dec. 22 |
| Develop knowledge and skills in subprime lending products so that you can originate, process, and/or underwrite subprime mortgage loans within compliance of all applicable laws. |
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Available: |
All Day Class
6 Credit Hours |
Price:
$95.00 |
Nonmember Price:
$145.00 |
Mar. 23, Jul. 9,
Nov. 5 |
| Learn the difference between subprime and conforming; see the features and benefits of subprime loans; underwrite case studies using credit matrix and understand how risk becomes an important factor in mortgage lending. |
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|
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Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 12, Apr. 28,
Aug. 4, Oct. 8
Dec. 6 |
| This is a new course written and taught by title professionals that covers all aspects of title insurance work. |
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|
|
Available: |
1/2 Day Class
3 Credit Hours |
Price:
$55.00 |
Nonmember Price:
$95.00 |
Jan. 23, Apr. 8,
Jun 21, Sep. 17
Nov. 29, Dec. 20 |
| Learn what the law says is the proper disclosure for the Truth-in-Lending disclosure. Test your knowledge on the completion of the disclosure. |
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| Introduction to Underwriting |
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Available: |
2 Day Class
12 Credit Hours |
Price:
$200.00 |
Nonmember Price:
$300.00 |
Jan. 28-29, Jul. 6-7,
Dec. 28-29 |
| Designed for loan officer or processor with more than 1 year experience. Covered in this class are the essential underwriting guidelines used in evaluating loan files including income/debt rules, asset verification, appraisals, and file review. Several case studies are used including underwriting a complete file. |
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| Training in your office is available for groups of 10 or more; call Paul. |
| Hands On Training For Calyx And Contour Is Available; call The IAMB office. |
Friday, April 30, 2004
Class Schedule for the Year 2004
