Reverse Mortgage Training
Tags: Notary Business
Learn How to Handle a Reverse Mortgage Closing
Last updated 2022-01-10 | 0
- Learn an overview of Reverse Mortgages- Learn the Consumer Requirements for Reverse Mortgages
- Learn Documents used in a Reverse Mortgage Signing
What you'll learn
* Requirements
* Prerequisite - Working knowledge as a Notary Loan Signing AgentDescription
This course is for the Notary Public and Loan Signing Agent that wants to take on the additional specialty of handling Reverse Mortgage signings. The additional training will teach you about the reverse mortgage clientele and their mindsets. After completing this course you will have an understanding of the reverse mortgage process and be able to better serve your clients, closing agents and loan officers.
The reverse mortgage product has a few unique aspects to it. Educating yourself about all of the details will place you in a position to act with compassion and help the clients who may feel or appear to be overwhelmed with this process.
After completing this course, you will be in a position to add an additional stream of income to your notary business. You will not feel intimidated by the reverse mortgage process or your ability to effectively handle the documents and assist your clients.
The student taking this course should already possess a very good working knowledge of the duties and responsibilities of a Notary Loan Signing Agent.
In this course, you will learn:
* An overview of the Reverse Mortgage Process
* Terminology relevant to Reverse Mortgage closings
* The consumer requirements for a Reverse Mortgage
* Unique documents used in this type of closing
* The perspective of the Reverse Mortgage Notary Closing Agent
Who this course is for:
- This course is for the Notary Signing Agent who wants to complete a Reverse Mortgage signing with confidence and ease knowing they have the knowledge to do the job correctly.
Course content
8 sections • 14 lectures
Introduction Preview 02:20
Glossary of Terms Preview 03:30
Overview Preview 03:23
Overview Concluded Preview 02:55
Check Your Knowledge
Consumer Requirements Preview 02:01
Check Your Knowledge
Documents Used in a Reverse Mortgage Closing Preview 01:37
Documents Used in a Reverse Mortgage Closing Preview 03:13
Check Your Knowledge
A View from the Notary Side of the Table Preview 07:31
Elder Financial Exploitation Preview 05:34
Conclusion from the Instructor Preview 00:46
Final Assessment
This is your final assessment. Please complete all ten questions.