Florida Mortgage Broker 24 hour Prelicensing $299      (Ahora en Español)

24 hour Mortgage Broker class is given in 2 days, Saturday & Sunday from 8:00am to 8:00pm.  Classes are available through classroom.  License Application:  http://www.flofr.com/licensing/MB-Individuals.htm

Course includes:

• 24 hours of Classroom Instruction 
• Florida Mortgage Broker Book 
• 100 Question State Exam Simulator

Topics Covered:

• Learn what caused the Subprime Disaster and how to prevent it from happening again
• Understand Risk vs. Reward – Underwriting Principles and Guidelines
• Learn how to Detect, Prevent, & Report Mortgage Fraud in accordance with Federal Law
• Learn important steps in Risk Analysis, Due Diligence, Verification, & Documentation
• Learn what causes a Foreclosure of a Mortgage and the steps leading up to an Auction
• Learn how to Originate Loans from beginning to Underwriting to Closing
• Practice in filling out the Uniform Residential Loan Application (1003)
• Start your own Mortgage Broker Business, Correspondent Lender, & Mortgage Lender  
• Learn how to use Caylx Point & Encompass Loan Processing Software
• Learn how read and understand a Loan Underwriting Matrix
• Understand Breach of Contract, Acceleration, and Foreclosure Procedures
• Understand how read Credit Scores: Experian, Equifax, and TransUnion
• Understand the difference between a FHA, VA, and Conventional loan
• Understand the difference between PMI and MIP and other insurance
• Understand the difference between Mortgagor, Mortgagee, Grantor, Grantee
• Understand Bank Lending Clauses: Acceleration, Due On Sale, Prepayment, Escalator
• Understand what are the requirements of a Good Faith Estimate
• Understand how prepare a Closing Statement (HUD-1)
• Understand Purchase and Sales Contracts in addition to Listing Contracts
• Understand the Statue of Frauds and Statue of Limitations regarding Contracts
• Learn State, Federal, and Local Laws concerning Mortgage Lending and Origination
• Learn how read Disclosures such as RESPA, TIL, ECOA, TITLE VIII, Patriots Act 
• Learn how to understand Loan Originating & Banking terminology
• Learn what Title is and learn how to fill out a Deed
• Learn how official documents get recorded to provide Constructive Notice
• Learn the difference between Voluntary Liens and Involuntary Liens
• Learn how read and understand mortgage documents (Promissory Note, Mortgage)
• Learn how to calculate ratios: HER, TOR, DTI, CLTV, LTV 
• Learn how to calculate Mortgage Math Problems

 Aprenda ser Mortgage Broker en DVD  (Repaso Intensivo)$299

Ray Suarez Mortgage Broker School is Accredited and Licensed by the Florida Department of Financial Services Permit # MBS 2008-080

State Exams are normally given on the 4th Tuesday of each month.

Examen Estatal de Mortgage Broker son el 4 martes de cada mes

For more licensing information click on the following Link:  http://www.flofr.com/licensing/MBlist.htm

Clases de Mortgage Broker en ESPAÑOL!!  

Ray Suarez Mortgage Broker School is Licensed and Accredited by the Florida Department of Financial Services:  Permit Number MBS 2008-080

Curso de Florida Mortgage Broker $299 

Curso de 24 horas de Mortgage Broker se cumple en 2 días sábado y domingo de 8:00am - 8:00pm 

Curso incluye:

• 24 horas de instrucción en ESPAÑOL
• Libro de Mortgage Broker
• 100 Preguntas y Respuestas
• Diccionario de Mortgage Broker en ESPAÑOL

Temas Inlcuye:

• Aprenda originar prestamos desde el inicio hasta llegar al departamento de Underwriting y el Cierre con el cliente
• Aprenda como llenar y procesar una solicitud de préstamo (1003)
• Preparación en llenar el Good Faith Estimate
• Preparación en llenar el (HUD-1)
• Aprenda como preparar un Loan File para el banco
• Aprenda usar Calyx Point programa de Procesar
• Aprenda usar Encompass programa de Procesar
• Aprenda lo que es un Breach of Contract
• Aprenda ordenar y correr credito del cliente
• Aprenda programas de Cash-Out Refi, Purchase, Rate/Term Refi
• Aprenda leer los Credit Scores de Equifax, Experian, y TransUnion,  
• Entienda la diferencia entre un pago de P & I, PITI
• Entienda la diferencia entre PMI and MIP seguros
• Aprenda lo que es Lender'sTitle Insurance y tambien Owner's Title Insurance
• Entienda la diferencia entre el Mortgagor, Mortgagee, Grantor, Grantee, Assignor, Assignee
• Entienda las Clausulas Hipotecarias: Acceleration, Due On Sale, Prepayment, Escalator
• Aprenda como preparar un Good Faith Estimate
• Aprenda como preparar un Closing Statement (HUD-1) 
• Aprenda terminología bancaria y de Underwriting
• Aprenda las consequencias de Fraude Bancario (Bank Fraud) y como prevenir el Fraude Hipotecario

• Aprenda lo que es un NINA, SISA, VOD, VOE, VOM, VOR, HELOC

• Aprenda lo que es un Lien, Encumbrance, Debt Obligation, Debt Service, Security Instrument

• Aprenda lo que es un Letter of Satisfaction (Satisfaction of Mortgage)

• Aprenda lo que es Title (Titulo) y como llenar el Deed (Escritura)
• Aprenda calcular la Relación entre el Ingreso y las Deudas: HER, TOR, DTI, CLTV, LTV 
• Aprenda lo que es un Foreclosure (Juicio Hipotecario) y su procedimiento
• Aprenda leer Disclosures de RESPA, TIL, ECOA, TITLE VIII, Patriots Act
• Aprenda leer y entender documentos hipotecarios (Promissory Note, Mortgage)

Audio Gratis!  El siguiente Audio CD es la  grabación del Profesor Ray Suarez enseñando el curso de Real Estate, Mortgage Broker, y Loan Processor en Español.  Por favor click here para escuchar Audio.  Llame hoy para ordenar el Audio CD y la versión en DVD!  305-761-2993

14 hour Continuing Education for Mortgage Brokers Online $99 Click Here   (Available only in English)

OJO:  El examen estatal de Mortgage Broker solo se presenta en ingles.  Si usted puede leer ingles entonces el curso de Mortgage Broker lo prepara para el examen estatal.

All courses now available in English and Spanish

Tel: 305-761-2993

Start a career in Real Estate, Mortgage Broker, or Loan Processor that could lead to unlimited income potential and financial independence. 

The sky is the limit for those that work hard, work smart, and think big.  Enroll today!

Toma control de tu destino financiero.  Liberate de la esclavitud económica con tu licencia de Real Estate y Mortgage Broker