Consumer Real Estate Loans

Overwhelmed by the 2014 CFPB changes and the subsequent TRID requirements, many lenders grew to dread consumer real-estate loans. Some financial institutions stopped offering these loans altogether. In this webinar, Anne will guide terrified lenders and processors through a simple real-estate loan and explain the current compliance rules. This webinar will help you tame those scary real-estate-loan problems and will be particularly helpful to credit unions wanting to offer consumer real-estate loans for the first time in several years. The supplemental booklet is clear and easy to use. Consider it a companion to the popular Best-Ever Consumer Checklists.

Covered Topics

  • Ability to repay and qualified mortgages
  • Right of rescission
  • High-cost mortgages and HPMLs
  • HMDA
  • Providing copies of appraisals
  • Intent to apply for joint credit
  • Flood insurance
  • Appraisals and evaluations
  • Credit score disclosures
  • Insurance disclosures
  • Military Lending Act

Who Should Attend?

Less experienced lenders, loan processors, compliance officers and loan review personnel will benefit from this step-by-step webinar.