2019 Texas Home Equity - Basics & Beyond - 1-Day Workshop UR2DW-TX-2019

Are you just beginning to offer Texas Home Equity loans?                                                                             or are you Trying to Restart your Texas Home Equity lending operation?                                      ...Learn More
$397.00 each Out of stock

  • Description

Are you just beginning to offer Texas Home Equity loans?                                                                                  or are you Trying to Restart your Texas Home Equity lending operation?                                                  This training is designed with you in mind!

 $397 per Registration

Attend our 1-Day Workshop Wednesday/April 24 for $397 per registrant for each of your first 2 registrants and receive complimentary registrations for any additional registrants, as our special bonus but you must act now – space is limited!    

Location Hosted by                                                                                                                                    Neighborhood Credit Union                                                                                                                                    c/o Cherise Riley – Mortgage Supervisor                                                                                                      13651 Montfort Drive    Dallas, TX 75222                                                                                                 https://www.myncu.com/about-us/locations/dallas-north-dallas/


8:30a  Registration

9:00a – 10:30a – Texas Home Equity Basics

  • Terms & Provisions
  • What is a Texas Homestead - Urban vs Rural
  • 8 Permissible Reasons for Valid Lien on Homestead
  • Texas Home Equity Loan & Texas Home Equity Line of Credit (HELOC)
  • Conditions to have a valid lien on a Texas Homestead
  • Additional Conditions for HELOCs
  • Specific Violations - Which one's can be cured & Which one's Can Not?
  • Official Interpretations Issued March 2018
10:30  10:45 Break
10:45a  12:00p  Disclosures, Affidavits & Documents 
  • What MUST you provide vs What SHOULD you provide Borrower/Owner(s)
  • Bring your own redacted file & we well help you make the comparisons!
  • We can help you review what you have or help you start from "scratch"
  • When you started doing Texas Home Equity loans, did you inherit "pieces & parts"
  • Not sure if you are covering all the bases?
 12:00p – 1:00p Luncheon
1:00p – 2:00p  State & Federal Disclosures to Applicants
  • 12-Day Notice Concerning Extensions of Credit
  • Affidavits & Agreements
  • TRID - Loan Estimate & Closing Disclosure
  • Miscellaneous Initial Disclosures
  • ARM Disclosure & CHARM Booklet (if applicable)
  • Flood Determination & Notice to Borrower
2:00 – 2:15 Break
2:15 – 3:30p  Discussion & Review
  • ATR, QMs, HPMLs, Right of Rescission
  • Demographic Information & Action Taken
  • HMDA Collection & Reporting Texas Home Equity
  • Need Help Launching your Texas Home Equity Lending?

Who Should Attend?                                                                                                                                          Anyone involved in Loan Origination, Application, Loan Processing, Closing, Underwriting, Auditing, Quality Control and/or Servicing of Real Estate loans will find this workshop to be a valuable tool and a worthwhile investment. The sessions provide you with confidence by reaffirming your lending procedures. Often times these sessions will not only help those who are new to mortgage lending, it will also fill in the blanks for those in underwriting, loan review and quality control.

Cancellation Policy
If you find it necessary to cancel, there is NO PENALTY FOR CANCELLATION if you cancel before 12noon on the Friday 2 weeks prior to the week of the workshop. Cancellations after this time may be credited to future trainings, webinars, products or services, less a $100 administration fee. If you are ready to build a strong foundation, without wasting your time, we invite you to attend.

Your complete satisfaction with every FIC conference is fully GUARANTEED! If for any reason, you feel you do not receive the educational benefit you need from our trainings, we will guarantee your money back! Our objective is to ensure that you receive a high-quality, effective training experience you need to stay one step ahead of the overwhelming task involved in keeping you abreast of regulatory changes in Real Estate Compliance!

Continuing Education
In efforts to pursue continuing education accreditation of the FIC Real Estate Compliance Conferences, we have found that each entity has it's own criteria to be met. If there is a specific trade organization, State banking association, State Bar or CPA organization, etc. that you would like our assistance in getting continuing education accreditations, please let us know or send us information and instructions. Though in most cases we are unable to absorb the fees of these organizations, we will be happy to assist you in the approval process.