Content & Overview for this Introduction (Start this section here)

Resources for Section 0 - Introduction

This section is about 10 min. Long, but it was written to help you get an idea of how things are laid out, what to expect, and so forth.

  1. Video - 1:42 - Part 0 - Introduction
  2. Video - 2:46 - Part 1 - Welcome
  3. Video - 2:25 - Part 2 - Navigation & Explanation
  4. Video - 1:21 - Part 3 - We will compare RMLs to CMLs.
  5. Video - 1:27 - Part 4 - Flyover - what we will cover - preview of content.
  6. PDF - 27 pages (Downloadable)

Note: 1:00 means 1 minute; and, for example: 1:21 means the video is 1 minute and 21 seconds long.


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CONTENT

INTRODUCTION

Part 1 - Welcome

  • Thank you notes to people who got me through the production of this course.
  • A bit about who I am.
  • Why I created this presentation.

Part 2 - Navigation & Explanations

  • RML & CML stands for...
  • Choose your own order
  • Section dividers

Part 3 - About Comparisons of RMLs to CMLs

Components

  • Collateral
  • Disclosures
  • Borrowers
  • Notary Certificates
  • Documents
  • Length of Loans / Terms

Handouts

  • Table for you to following along throughout the course to make comparisons.
  • The handout for making comparisons may be repeated in another section.

Part 4 - Flyover - What we will cover

Preview of this content

  • See commercial mortgage loan documentation
  • Compare residential mortgage loans (RMLs) to
  • commercial mortgage loans (CMLs)

We will also touch on

  • HUD 1 Settlement Statements
  • Marketing to get this type of work.
  • Scraping up a pile of good old-fashioned know-how and confidence
  • Thinking like marketers

The Loan Document Presentation

  • Most will go straight to this section and 
  • Marketing & Business section.
  • That's fine, but if you really want to dig in, KNOW things, figure out who the borrowers are
  • in your area, where the work comes from, how to handle everything properly, and more, then do not skip the other lectures!

And, more about the Loan Document Presentation

  • We’ll go through a package of CML documents.
  • You’ll see new documents.
  • You’ll find out what core documents are in almost every CML package. (TIP: Learn the core documents and the rest will fall into place.)