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The Mortgage Life Cycle: Escrows

There are many steps in the mortgage life cycle .  Every step has its own unique compliance requirements to consider.  One such requirement is escrowing for flood insurance.  Say you are making, increasing, renewing or extending a loan secured by residential real estate that is located in a Special Flood Hazard Area.  While you will obviously need to require the borrower to purchase sufficient flood insurance coverage, you may also be required to escrow for the flood insurance premium.  But, there are exceptions. Make sure to check out our mortgage lifecycle online training opportunities below!

David explains more in the video.

Mortgage Life Cycle Online Training:

Ready to learn more?  JOIN US for our five-part webinar series, “Mortgage Life Cycle”.  This chronological journey through the life cycle of a mortgage loan will include:

  • Pre-Qualifications / Pre-Approvals
  • Applications
  • Denials
  • Shopping Disclosures
  • Underwriting
  • Pre-Closing / Closing / Post-Closing
  • Loan Servicing
  • Prohibitions & Much, Much More! 

Don’t worry if you can’t attend each one live, you will get a recording of each session, as well as written answers to all the questions submitted during the live event.  You will also receive an extensive resource manual that will put you on the path to success!

Published
2022/01/11

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