The Basics On The Mortgage Consultation Process.
Congratulations! If you have arrived to this page as instructed by your mentor, then you have been accepted as a Loan Analyst for Spruill Global Funding, LLC. The following training videos are to serve as a companion to your training manual that will be handed out to you during your 3 week training module.
The following videos are to be used as a guide and not the Bible in Commercial Loan Finance. Some videos speak a lot about residential or personal mortgage loans and do not cover everything commercial. Please do not become confused. At Spruill Global funding we offer ONLY commercial loans to business owners. However, the following videos are good to obtain a good working knowledge of the business. PLEASE TAKE NOTES. If it helps, please watch the videos more than once. There may be an oral or written exam to determine the amount of knowledge obtained thought he training. You will NOT be allowed to assist client's and handle their financial data without knowing exactly what to do in certain scenarios.
The following properties that we offer loans for are warehouses, day care facilities, restaurants, single-family residential homes (used as rental income only). All borrowers must have their businesses incorporated (i.e. Limited Liability Company). we deal directly with private lenders, hard money lenders, and non-traditional banks.
Spruill Global Funding, LLC and it's affiliates does it's best to ensure quality information. However, Spruill Global Funding, LLC, and it's affiliates can NOT guarantee the information contained in the videos and we are not affiliated with the companies listed.
VERY IMPORTANT: PLEASE FOLLOW THE VIDEOS IN ORDER. DO NOT JUMP AROUND.
Basics On Residential Mortgage Financing and Licensing. Please note that Spruill Global Funding does NOT offer residential mortgage loans! We only offer COMMERCIAL loans to corporations/companies. Our loan originators and loan processors do NOT need licensing while working for Spruill Global Funding, LLC. However the following two videos will offer some insight into the mortgage business on a fundamental level.
Training Videos & Marketing Materials
This is the end of the training module. At this point, please refer to your training manual which contains a loan checklist, loan package for you to complete with our clients during the mortgage consultation. During the initial phone consultation, please have the client complete the online loan application found here or you can complete for the online loan application for the client. After review of the online application a face to face interview may be scheduled.
How To Read Rate Sheets, Loan Approval Letters, & How To Price A Loan.
How to Take a Loan Application: Mortgage Loan Consultation:
A Career as a Commercial Loan Originator/Processor for Spruill Global Funding, LLC
Commercial Lending and Real Estate Training.The Four Different Types of Major Loans That Spruill Global Funding, LLC Offers To It's Clients. IMPORTANT: This Is One of the Most Important Training Modules During This Training Session.
Commercial Lending and Real Estate Training. DURING THE NEXT TWO VIDEOS, THERE WILL BE SEVERAL EXERCISES (TOP CONTACT LIST, GOALS, ACTION PLAN, ETC) THAT YOU MUST COMPLETE TO COMPLETE THIS TRAINING MODULE.
Quick Start Guide
How To Create & Explain Loan Disclosure Packets
How To Analyze The Credit, Income, and Assets.