The American School of Mortgage Banking
Serving the mortgage lending industry since 1978, ASMB has a full curriculum. ASMB offers courses not only for the beginner, but also for the advanced including Underwriting and Tax classes. All of its four-week courses are held between 7:00 p.m. & 10:00 p.m. - two evenings per week. This allows the student to work full time, read ahead, do homework, and prepare questions.

All courses offer FREE unlimited lifetime re-attendance at all of our locations. All prices include registration, tuition, textbook, workbook, and Certificate of Completion.

Any NAPMW member in good standing will receive a discount for any of ASMB’s classes (not valid with any other offer). As a bonus, any student who graduates from any four-week course will be given a one-year Local NAPMW membership.

ASMB prefers to use Local NAPMW members for its instructors. Instructors must have 5 years experience in the field in which they are teaching. In addition, they must be currently employed in the mortgage lending industry.

#1LP: Loan Processor - Loan Originator Training
Length: 4 weeks, 2 evenings per week, live instruction
Intensive processing training in FHA, VA, FNMA, & FHLMC loans. A must course for Loan Processors and Loan Originators just starting out or in need of in-depth study of the rules, regulations, & requirements. Learn the basics of the application, appraisal, escrow, title, credit reports including FICO, loan amounts, qualifying, verifying income & asset. Understand how to figure the following: Loan amount, closing cost, monthly mortgage payment, property taxes, hazard insurance, mortgage insurance (Conv. & FHA), qualifying ratios, and income.

#4LU: Conventional Underwriting Course
Length: 4 weeks, 2 evenings per week, live instruction
Study of the "Art" of underwriting conventional loans. FNMA/FHLMC guidelines (including qualifying ratios). Determine the "creditworthiness" of a borrower by evaluating the Credit Report (Derogatories, Slow pays, Judgments, Bankruptcy/Foreclosure, Inquiries, Undisclosed Debts, Liabilities, Assets and credit explanations). Interpretation of tax returns, preparation for sale to the secondary market, and Appraisals & Preliminary Title reports. Hands-on experience via working on case studies.

#9DE: FHA Underwriting Course
Length: 4 weeks, 2 evenings per week, live instruction
Our most comprehensive course – you will learn qualifying & obtaining HUD mortgagee approval, credit analysis, Mortgage Insurance Programs, HUD processing & compliance procedures, loan closing & insurance requirements, assumption requirements & criteria, form completion & analysis, and Underwriter’s responsibility & authority. Our FHA Direct Endorsement Underwriter Course will prove to be valuable to both student and company. Written by DE Underwriters for DE Underwriters.

#6LO: Loan Originator Sales & Marketing
Length: 6 hours, live instruction
A one-day course where you will learn the fundamentals of successfully generating loans from a variety of sources. Learn to generate business without purchasing leads or relying on the yellow pages. Whether you are a rookie or a pro, our methods will help you reach the goals of being able to prosper and grow.

#3TX: Tax Return Analysis & Evaluation
Length: 6 hours, live instruction
Evaluating the current tax returns using the SAM & A.G.I. methods. Spot irregularities & protect yourself and your company against fraud. Learn how to compute royalties, annuities, pensions, etc. Personal (1040s) with all schedules including K-1s, Partnership (1065), Corporate (1120 & 1120s), Trust (1041).

#10V: Six Steps To Successful Loan Origination
Length: 4 hours, video instruction
Transform the rookie to a productive Loan Originator. Learn proven methods, which will give you a head start into today’s market. Includes workbook.

For more information, visit www.asmb.com or call the ASMB at (800) 343-5549.

© 2008 NAPMW