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Mortgage Seminar

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Lee SW IL

Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
Illinois
Received a brochure from www.mortgagetrainingseminars.com

Anyone attend this seminar? Its geared to loan officers. But, I'm thinking it would be a big help, if I knew more what happened to my report once it is submitted to the lender. I currently do not do FHA appraisals, but would like to expand in that area as soon as possible.

Some of what you learn . . .
Basic FHA 101
Develop business techniques
How underwriters read appraisals
Maximize every dollar from self employed income.

Besides, I would probably be the only appraiser there, may make a few contracts for some biz, one appraisal would pay for this class. ;)

Whadda think?
Thanks
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
And Daniel was thrust into the lions den..........
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
It never hurts to know what they know. I would make sure I had my thick skin on that day. :)
 

J in Florida

Senior Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Florida
I originated for 4 years prior to going into appraisal, my wife processed and originated for 18 years before going into appraisal, and TRUST ME.....

They dont know much, and they go to great lengths to keep it that way. That way, they can make rediculous and outrageous demands, and when they are out of line, they can go to the "I'm not a property appraiser but" card.

I encourage going to the seminar but in your appraisal practice, DO NOT cave to their unreasonable, outrageous, and sometime illegal demands.

We give LO's, Processors, U/W,s and lending managers WAY too much credit in terms of their understanding of appraisal. There are a few that "get it", but they are definetly in the minority.
 
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