Comments on: Residential Mortgage Loan Origination Made Easy http://www.em-forma.com/residential-mortgage-loan-origination-made-easy/ Helping You Stay In Your Home Fri, 29 Oct 2010 18:51:02 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Samuel Sonce http://www.em-forma.com/residential-mortgage-loan-origination-made-easy/#comment-1929 Samuel Sonce Sat, 16 Jan 2010 02:27:13 +0000 http://www.em-forma.com/residential-mortgage-loan-origination-made-easy/#comment-1929 I wish I had this book 25 years ago when I first got in the business. Instead, I got it for my daughter when she joined my company. She picked up the concepts and jargon within a week! I now keep this book in the office and it is required reading for all new loan officers. Rating: 5 / 5 I wish I had this book 25 years ago when I first got in the business. Instead, I got it for my daughter when she joined my company. She picked up the concepts and jargon within a week! I now keep this book in the office and it is required reading for all new loan officers.
Rating: 5 / 5

]]> By: Anonymous http://www.em-forma.com/residential-mortgage-loan-origination-made-easy/#comment-1928 Anonymous Sat, 16 Jan 2010 01:54:59 +0000 http://www.em-forma.com/residential-mortgage-loan-origination-made-easy/#comment-1928 Expensive, but not compared to learning the profession through the school of hard knocks. I received no training whatsoever when I became a mortgage broker. This book taught me all I know. And I earned over $45,000 last year. Not bad for my first year. I went through the exercises again and again until I knew the stuff cold. And in my first loan, the borrowers could not even tell I was new. they thought I had been doing loans for years. I got the confidence from what I learned in this book.<p>It is not for people not in the business. It is very detail oriented and has topics only loan officers should be concerned with. And as for rate sheets, it not only explained the two different kinds of rate ratios used, but also gave a real life example. <br>I recommend this book to all new loan officers. Rating: 5 / 5 Expensive, but not compared to learning the profession through the school of hard knocks. I received no training whatsoever when I became a mortgage broker. This book taught me all I know. And I earned over $45,000 last year. Not bad for my first year. I went through the exercises again and again until I knew the stuff cold. And in my first loan, the borrowers could not even tell I was new. they thought I had been doing loans for years. I got the confidence from what I learned in this book.

It is not for people not in the business. It is very detail oriented and has topics only loan officers should be concerned with. And as for rate sheets, it not only explained the two different kinds of rate ratios used, but also gave a real life example.
I recommend this book to all new loan officers.
Rating: 5 / 5

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