Newbie Resource Guide Version 4.doc


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Newbie Resource Guide Version 4.doc

  1. 1. Hello Newbies! Welcome to our industry! Here at the Grapevine, you'll find Viners young and old, grizzled veterans and rank amateurs. Some of us just LOVE to answer your questions and some of us think your questions are STOO-PID. So to give you something-- ANYTHING--to hold you over until you can "ask your boss!" here's a by-no-means exhaustive list of Internet links that you can visit and bookmark and READ, for cryin' out loud. Ready? Agency (Fannie Mae, Freddie Mac and FHA) underwriting guidelines HUD Handbooks, Forms and Publications: Read what consumers read: The Mortgage Professor Mortgage 101 Mortgage Terminology Mortgage industry training: National Association of Mortgage Brokers Education Mortgage Scholars Mortgage Bankers Association National Association of Professional Mortgage Women School of Mortgage Lending Desktop Originator Mortgage Broker Training ce_call.jhtml?role=ou
  2. 2. America’s Money Center American School of Mortgage Banking Internet Originator Mortgage Bankers Association of America Residential Finance Updates FHA Training Ellie Mae University WebWorxStudio Industry publications online: For daily mortgage news: Origination News: Sam Garcia’s Mortgage Daily Inman News Realty Times Monthly mortgage industry publications: Mortgage Originator Magazine Broker Magazine
  3. 3. For statistics, index trends and other statistics to help your borrower understand interest rate trends LION, Inc. ($50/month) Barry Habib’s Mortgage Market Guide ($650/year—a Grapevine favorite!) Funding reference sources Broker Magazine’s “Weird Loans” Scotsman Guide Loan Origination Software Training Byte Calyx Point Contour (Loan Handler) Genesis Loan Originator Success Coaching Todd Duncan Joe Stumpf By Referral Only Brian Sacks Real Estate University Brian Buffini Providence Seminars
  4. 4. National Mortgage Companies with Training Centers Chase Manhattan Bank (to be determined) Washington Mutual Bank (to be determined) Centex Mortgage (to be determined) Countrywide Home Loans (to be determined) Concord Mortgage (to be determined) Mortgage Professional Tools Loan Magic (voted the best by Viners) Loan Vibe EZ Desk The Mortgage Coach WebWorxStudio Internet Marketing: To find out where to spend your money The National Mortgage News Buyer´s Guide: Mortgage Promote Internet Marketing Discussion Board
  5. 5. Mortgage Leads: How to Get the Most Out of Internet Leads Excellent books about mortgages and the mortgage business (all available at “How to Save Thousands on Your Home Mortgage” by Randy Johnson “Home Buying for Dummies” by Eric Tyson “Real Estate Loan Brokerage: How to Become a Successful Mortgage Broker” by Richard B. Partain “Steiner's Complete How-To-Talk Mortgage Talk” by Shari and Clyde Steiner All about down payment assistance programs; input from our Viners: thread=39523&stardate=1059919948#11 Laws you should know about, to protect yourself and your customers’ information: The Right to Financial Privacy Act 12 USC 3401 et seq. The Gramm-Leach-Bliley Act 15 USC 6801 et seq. Gramm-Leach-Bliley Act Fellow Viners, let's help 'em out, OK? Please add to this list and then cut-and-paste it as your answer (sometimes) when Newbies come to the Vine with their questions. Let's make it a real resource for them, shall we? Newbies, there is SO MUCH critical information at these links, you really have no excuse now for asking: "What are the FHA loan limits for 2002?" But if you’ve tried
  6. 6. everything, and you’re still REALLY stuck, bring your question(s) here and we'll answer them as best we can. (Newbies, give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime. Viners, better to light a single candle than curse the darkness, eh?) Good luck, Newbies, one and all!