Education & Training
Courses
REIC 2340: Mortgage Lending for Residential Housing
Hazards, red flags, and an ever-changing marketplace; these are just a few of the challenges facing today's mortgage lending industry. To excel, mortgage lending and underwriting professionals need the "value added" edge - REIC 2340: Mortgage Lending for Residential Housing.
Now, the Real Estate Institute of Canada (REIC) is working to deliver that edge. Why? To enhance lending and risk management practices Canada-wide. More than 4,000 lenders from across Canada have acquired the value-added edge. They attended and benefited from REIC 2340: Mortgage Lending for Residential Housing. These lenders represent over 200 institutions in the mortgage lending industry.
REIC 2340: Mortgage Lending for Residential Housing hones lending skills and strengthens lending practices. The theory of risk management and the practice of risk assessment are detailed and participants sharpen their competitiveness through a series of hands-on and "real-life" case scenarios.
Upon completion of this industry-leading course every participant will:
- Understand the nature of mortgage risk management
- Appreciate the importance of quality mortgage lending
- Understand the model of risk assessment
- Reduce delinquencies
- Assess the risk presented by the borrower
- Make informed decisions on the degree of security provided by the property
- Understand the impact of market conditions on mortgage lending risk
- Make confident risk assessment decisions which account for the red flags, hazards, positive loan features and safeguards.
- Increase their productivity
- Be better equipped to qualify self-employed borrowers
Notes:
- This schedule can be easily adapted for customized in-house presentation.
- Content is always varied to accommodate client needs on in-house courses to ensure compatibility with existing corporate training and policies.
What course formats are available?
Choose either an open course or a customized in-house course. REIC can tailor an in-house course that incorporates your lending policies and addresses your specific needs. Call REIC at (416) 695-9000 or 1-800-542-REIC (7342) (within Canada) today and enhance your staff's mortgage lending skills.
In-house courses allow REIC to tailor the course to your company's unique circumstances, challenges, and risk management philosophy. In fact, case material is selected from the company's files to enrich REIC's carefully researched core material.
Open courses are available to anyone interested in mortgage lending courses that are offered regularly in major centres across Canada. These open courses present an excellent opportunity to exchange ideas, knowledge and experience with other professionals in the industry. They also serve to supplement and enhance existing in-house programs.
How many people participate in each course?
Both open courses and in-house courses are designed for ideal group sizes of 16 (minimum) to 24 (maximum) participants.
What do course participants receive?
- A comprehensive Course Guide
- Binders for the case studies and hand-out material
- Enhanced networking opportunities
- Credit towards the CRU (Certified Residential Underwriter) Designation
- Course Certificate
For details on a customized, in-house presentation, contact education@reic.com.
