Residential Loan Processor Certificate

Issued by Mortgage Bankers Association

The Residential Loan Processor Certificate Package is a comprehensive program designed to equip new mortgage loan processors with the essential knowledge and skills to excel in their roles. Through a combination of 15 self-paced online courses and a rigorous certification exam, participants will gain a deep understanding of fundamental mortgage banking concepts, core processing procedures, fraud detection techniques, and regulatory compliance requirements.

Type Certification
Level Foundational

Additional Details

Skills

Earning Criteria

The program provides foundational knowledge of the key stages of the mortgage banking process, from origination and processing to post-closing and secondary marketing. It delves into core processing skills, including loan application processing, verification procedures, property appraisal evaluation, and file review and submission. To ensure industry best practices and mitigate risk, the curriculum emphasizes fraud detection techniques and adherence to regulatory compliance standards.