In this four hour course you will learn how to maneuver your way through a short refi from the perspective of a mortgage loan originator.  We’ll learn the four essential questions all originators must ask the homeowner when discovering that their home has been over-mortgaged beyond today’s fair market value, we’ll practice the one essential skill that all LOs have to be good at in order to take on a short refi, we will work on simple to complex short sale case studies, and tackle small-group exercises. By the end of the course, participants will have a solid idea of what is required to take on short refis and what loan originators can do to make sure the short refi approval process is forthcoming. A short refi math worksheet is also provided. We will also answer the following questions:

Who is the best person to talk to at the servicer?
How can you get to the decision maker?
How can an LO minimize liability?
What are the ethical duties involved with short refis?
What steps can you take to make sure you receive your mortgage broker fee?

This class is open to everyone in the real estate industry; real estate agents, Realtors, loan originators, real estate investors, as well as the general public. We do require that you pay the published course price, as we do not allow anyone to “audit” courses. See our school policies and procedures for further clarification. 

Visit our Schedule page to find a live class near you.

This course is also approved for Washington State and Idaho Realtor clock hours through our parent company, CE Forward, Inc. under the name “Short Sales.”

End of course evaluations:

“Class was well organized and well presented. Subject was interesting and unique. This is a way to add value to my services for clients of all types and their friends as well.”

“Jillayne your energy and examples and way of interacting with your students makes your class a pleasure. Great information and resources shared and appreciated.”

“Amazing facts shared that should help alleviate this current credit crunch we’re experiencing.  Look forward to the next class!”

“This class has no boring moments. That in itself is all you need to know.”

“I have gained knowledge to perform and help other people in these types of situations.  Thank you!”

“Eye opening and informative.”