Master the Art of Closing Hard Equity Mortgage Loans

Master the Art of Closing Hard Equity Mortgage Loans, available at $44.99, has an average rating of 4.4, with 27 lectures, 1 quizzes, based on 39 reviews, and has 1281 subscribers.

You will learn about Learn how to originate, process, and close hard equity loans Learn how hard equity loans work Discover how you’ll get paid and how much you can expect to make Increase the kinds of loans you can close by knowing how to close hard equity loans Thrive during economic downturns and during slow real estate cycles Discover what documentation borrowers will need to be approved for hard equity loan Learn what interest rates, fees, and terms are common for hard equity loans What documents need to be submitted when applying and what a common closing package will look like so that you can be prepared to review everything with the bor This course is ideal for individuals who are Anyone who wants to start a career that makes money during all economic cycles or Real estate professionals and mortgage professionals that want to close more loans and that want to increase their profits or Anyone who wants to learn how hard equity loan are closed or Investors who want to buy real estate without the hassle of going to the bank or Real estate agents that want to help buyers find alternate financing when they are denied by lenders and banks or Loan originators, processors, underwriters, or closers that want to start a new career with a hard equity lender It is particularly useful for Anyone who wants to start a career that makes money during all economic cycles or Real estate professionals and mortgage professionals that want to close more loans and that want to increase their profits or Anyone who wants to learn how hard equity loan are closed or Investors who want to buy real estate without the hassle of going to the bank or Real estate agents that want to help buyers find alternate financing when they are denied by lenders and banks or Loan originators, processors, underwriters, or closers that want to start a new career with a hard equity lender.

Enroll now: Master the Art of Closing Hard Equity Mortgage Loans

Summary

Title: Master the Art of Closing Hard Equity Mortgage Loans

Price: $44.99

Average Rating: 4.4

Number of Lectures: 27

Number of Quizzes: 1

Number of Published Lectures: 27

Number of Published Quizzes: 1

Number of Curriculum Items: 30

Number of Published Curriculum Objects: 30

Original Price: $99.99

Quality Status: approved

Status: Live

What You Will Learn

Learn how to originate, process, and close hard equity loans
Learn how hard equity loans work
Discover how you’ll get paid and how much you can expect to make
Increase the kinds of loans you can close by knowing how to close hard equity loans
Thrive during economic downturns and during slow real estate cycles
Discover what documentation borrowers will need to be approved for hard equity loan
Learn what interest rates, fees, and terms are common for hard equity loans
What documents need to be submitted when applying and what a common closing package will look like so that you can be prepared to review everything with the bor

Who Should Attend

Anyone who wants to start a career that makes money during all economic cycles
Real estate professionals and mortgage professionals that want to close more loans and that want to increase their profits
Anyone who wants to learn how hard equity loan are closed
Investors who want to buy real estate without the hassle of going to the bank
Real estate agents that want to help buyers find alternate financing when they are denied by lenders and banks
Loan originators, processors, underwriters, or closers that want to start a new career with a hard equity lender

Target Audiences

Anyone who wants to start a career that makes money during all economic cycles
Real estate professionals and mortgage professionals that want to close more loans and that want to increase their profits
Anyone who wants to learn how hard equity loan are closed
Investors who want to buy real estate without the hassle of going to the bank
Real estate agents that want to help buyers find alternate financing when they are denied by lenders and banks
Loan originators, processors, underwriters, or closers that want to start a new career with a hard equity lender

Did you know that hard equity loans are the fastest and easiest loans to close? Are you looking to get hired by a hard equity lender by having the knowledge necessary to start working? When real estate prices go down, these are the lenders that start hiring as many loan processors, loan originators, and underwriters as they can. Don’t miss your opportunity.

Hard equity loans are short term real estate loans that have high interest rates but that can close in a matter of days. Most states in the U.S. don’t require that the loan originators be licensed. Most people don’t know that during slow or declining real estate markets, hard equity or hard money loans are the most popular types of loans which can be a huge opportunity for people who are prepared to close these loans. These kinds of loans usually pay loan originators 1 to 3% of the loan amount which is usually pretty high. For example, if you close a $10M hard equity loanand charge 1.5% as your origination fee, you would be making a $10,000,000 x 0.015 = $150,000 commission on one single transaction closed.Most hard money loans are for higher loan amounts which is why they are such a profitable opportunity for most loan originators. If you’re thinking of working for a hard money lender, this course will teach you the entire process and what its all about so you can get hired and start working even if real estate prices decline. Most people don’t realize that real estate goes through cycles and when prices go down, you need to be able to offer a loan product that is highly sought after which is what hard money or hard equity loans are.

Hi, my name is Joe Correa, and I’m the CEO and founder of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. I’ve closed many hard equity mortgage loans and have taught thousands of students in 148 countries around the world about mortgages and other financial topics. This course will keep you making money during any economic cycle.

This course will teach you:

– how hard money loans workand what terms and conditions apply

– what documents need to be completedto close this type of loan

– Who can startoriginating hard equity loans

– How to find hard equity lenders to start doing business with (I will provide you with a list!)

– How to completea loan application

– How to reviewa loan approval

– and much more….

This course includes:

Instructor-led document examplesso that you become familiar with common hard equity loan documents
Course pdf documentsfor you to save and use for future reference
24 hour access to your instructor via the Udemy Q&A messaging portal, lifetime access to this course,
Practice exercises to help you implement what your learning,
and a 30 day money back guarantee.

Click on the enroll buttonright now to get started. This course will save you when real estate prices go down since you can continue to close loans thanks to investors that will be buying homes fast.Hard equity lenders will be hiring many loan originators, sales people, processors, underwriters, and more which is your opportunity to get hired.

Don’t wait to get this course for the price of a couple coffees. In the future, this will equate to thousands in profits for you.

I’ll see you inside the course!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction to hard equity loans

Lecture 2: Your instructor

Lecture 3: Do you need a license to close hard equity loans?

Lecture 4: How much will you get paid to close hard equity loans & who's going to pay you?

Lecture 5: How are hard equity loans beneficial to investors?

Lecture 6: Who is the perfect candidate for a hard equity loan?

Chapter 2: Important things to consider on hard equity loans

Lecture 1: What are the normal hard equity loan closing time frames?

Lecture 2: How long does it take to close a hard equity loan?

Lecture 3: What are the normal terms of a hard equity loan?

Lecture 4: What basic documents are needed to originate a hard equity loan?

Lecture 5: What is the ARV?

Lecture 6: Will knowing how to close hard equity loans benefit me if real estate goes down?

Lecture 7: Who is the perfect candidate for a hard equity loan?

Lecture 8: Where can you find a list of residentail and commercial hard equity lenders?

Chapter 3: Common loan documents on hard equity loans

Lecture 1: Loan application for a hard equity loan PART 1

Lecture 2: Loan application for a hard equity loan PART 2

Lecture 3: Business purpose submission form PART 1

Lecture 4: Business purpose submission form PART 2

Lecture 5: Certification of Beneficial Ownership form

Lecture 6: Statement of information

Lecture 7: EIN IRS form

Lecture 8: Sample articles of incorporation

Lecture 9: Vesting information form overview

Lecture 10: Appraisal waiver disclosure

Chapter 4: Final comments and thank you

Lecture 1: Final comments

Lecture 2: Vesting information form overview

Lecture 3: Thank you

Instructors

Joe Correa
Entrepreneur and Technology Innovator

Rating Distribution

1 stars: 0 votes
2 stars: 1 votes
3 stars: 2 votes
4 stars: 11 votes
5 stars: 25 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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