Ray Suarez Real Estate & Mortgage Broker School: Escuela de Bienes Raíces
APRENDA REAL ESTATE

 
Real Estate Classes
Mortgage Broker
Loan Modification
Online Store
Online Classes
REO - Foreclosures
Continuing Education
45 hrs. Post Licensing
 Website Design
Diseno de Pagina Web
Bankruptcy Pros & Cons
Credit Repair Seminar
Reparacion de Credito
Real Estate Broker
Tax Lien Seminar
FHA Loan Specialist
Reverse Mortgage Specialist
Instructor Course
Series 6 & Series 7 Exam Preparation
Insurance Courses
Loan Officer
Loan Originator
Loan Processor
Georgia Reciprocidad
Clases por Video Conferencia
Private Classes
Examen Estatal (Cram)
Preguntas de Examen
Our Instructor
Class Schedule
Successful Graduates
Diccionario en Espanol
Common Questions
Cursos en DVDs
South Beach, Miami
Presentacion
Math for Real Estate


Loan Modification Training

(Available in English & Spanish)



Loan Modification Licensing & Certification $249

 

As of January 1, 2010 anyone who is actively engaged in Loan Modification, Foreclosure Rescue Service,

Foreclosure Prevention Services, or Real Estate Short Sale in Florida is require by law to be licensed as a Florida Mortgage Broker.

 

Question:  Who has to be licensed as a Florida Mortage Broker as of January 1, 2010?

 

Answer:  Anyone who is offering or performing Foreclosure Related Rescue Services, Loan Modification Services, or Real Estate Short Sales.

  • Loan Modification Specialists
  • Real Estate Agents negotiating Short Sales
  • Para Legals who work with Loan Modification or Foreclosure Attorneys
  • Real Estate Short Sale Telemarketers
  • Loan Modification Telemarketers
  • Reverse Mortgage Specialists
  • Any out of state company offering Loan Modification, Foreclosure Rescue or Prevention Services in Florida
  • Anyone or any company charging a fee for a Florida Loan Modification, Foreclosure Rescue or Prevention Services
  • Anyone or any company recieving a fee for a Florida Loan Modification, Foreclosure Rescue or Prevention Services

You are required to be licensed as a Florida Mortgage Broker if you are negotiating Florida Mortgage Loans including: terms, interest rate, monthly payment reduction, principal reduction, forbearance, equity right of redemption, arearrage forgiveness, payment plans, late fee reduction, legal fee reduction, mortgage loan restructuring, deed in lieu of foreclosure, or foreclosure rescue services.

 

 

Question:  What is meant by Foreclosure-Related Rescue Services?

 

Answer:  Foreclosure-Related Rescue Services means any good or service related to, or promising assistance in connection with:

1.  Stopping, avoiding, or delaying foreclosure proceedings concerning residential real property

2.  Curing or otherwise addressing a default or failure to timely pay with respect to a residential mortgage loan obligation

 

 

Question:  What is meant by Foreclosure-Rescue Transaction?

 

Answer:  Foreclosure-Rescue Transaction means a transaction:

1.  By which residential real property in foreclosure is conveyed to an equity purchaser (investor, buyer, beneficiary, trustee, or other interested third party,) and the homeowner maintains a legal or equitable interest in the residential real property conveyed, including, without limitation, a lease option interest, an option to acquire the property, an interest as beneficiary or trustee to a land trust, or other interest in the property conveyed.

2.  That is designed or intended by the parties to stop, avoid, or delay foreclosure proceedings against a homeowner's residential real property.

 

 

Course Taught by:  Former Citibank Loan Officer

 

 

Call today and register for the next Loan Modification Licensing Course Tel: 305-761-2993

 

 



Learn how you can start over again with a fresh new beginning. Learn your legal rights and understand the Federal Laws regarding loan modification, consumer lending, credit reporting, and debt collection.  For more information visit the following links: The Fair Credit Reporting Act, Federal Trade Commission and Housing and Urban Development.