Fundamentals of Loan Processing


All though the title of the course says fundamentals; this is actually a detailed training course covering everything a new processors need to master. (Does not cover FHA & VA loans)

SKU: CapLoanProcessing2017 Category:


Detailed Conventional Loan Processing

A complete training curriculum  for processing all conventional loans.

See details below


$550.00Add to cart



Instructor:  Kathy Lewis
Duration:    4 courses covering over 20 hours of instruction and testing
Included:     Printed Manual and case studies with  simulated loan file you’ll process
Certificate:  Certificates of Completion after testing


Some would say loan processing is easy. Just fill in the blanks on your loan software and you’re done. Not True.

Capstone’s philosophy is one of “HANDS ON,” without using any software. We believe in teaching processors how to calculate all the numbers by hand and explain why it’s important.

Learning your company’s mortgage software is so much easier when you understand how to do the numbers yourself.


We guarantee your satisfaction.


Updated for 2021

Fannie Mae’s Desktop Underwriting 
Includes an explanation of DU and how the program works.


Reviewing The New  ” Uniform Residential  Loan Application
Includes the new 1003 Uniform Residential Loan Application that goes into effect in 2021.



Conventional Loan Processing

The Loan Processor scrutinizes every line item on the residential mortgage loan application for accuracy and authenticity before signing off on the file and sending the loan application to the underwriter for approval.

Kathy Lewis’s processor training takes complicated topics and breaks them down into simple concepts in a logical order.

Capstone Institute has been perfecting their “Best Practices” methods for training loan processors and loan originators since 1986.

Capstone Institute-trained processors are better organized and understand how to calculate all of the numbers without relying on their mortgage software. Our structured training prepares processors to perform their duties and responsibilities quickly with minimum management supervision. Our training covers every job skill a new processor needs to understand .


These 4 combine training courses constitute all the
information required of a new loan processor
to successfully integrated into their first job.

For Over 31 Years Capstone’s Training Materials
And Certificates of Completion Are Nationally Recognized.



Course 1:
Correctly Reading & Understanding Credit Reports / No Testing

Credit reports are divided typically into four sections:

* Whose credit is being represented
* How they pay their bills
* Rollovers
* Public records
* Inquiries

When reading and interpreting someone’s credit report, it’s important that you have the knowledge and skills to do so. This training is going to give you the knowledge and the skills.

Checking names, residences, opened accounts, tradelines, credit limits, available credit, closed accounts, collections, charge-offs and other information is vital to the outcome of the loan’s approval or denial.  


Course #2
Correctly Calculating The Borrowers Income

Believe it or not:
One of the top reasons loans are returned or denied by lenders
is the improper calculation of the borrower’s income.

Regardless of whose mortgage software you’re using, your software can’t
look at the borrower’s income documentation and apply underwriting
rules on what’s acceptable and what’s not. Only competent originators and processors can review the borrower’s income and decide if it’s acceptable or not.

Course 3
Fundamental of Conventional Loan Processing
( This is your primary course – 16 hrs + testing)

Every skill , guideline  and  Fannie Mae  rules  are covered in this training. Open our loan processing table of contents and see for yourself
why Capstone courses are regarded as the best in the industry.

Open our Loan Processing Table of Content

558 Pages of details, rules, guidelines and procedures


Course 4
Fees Worksheet & Loan Estimate

This is the most critical document that a borrower receives prior to accepting or rejecting  their loan.

Open your table of Content and see how detailed is!

It doesn’t matter if  the borrower calls their loan officer or processor.
The questions the borrowers asks about their fees better get answered correctly the first time.



Student Technical & Training Support

Kathy Lewis has always prided herself on offering the best student support in the industry. Whether you’re currently taking any of her training classes or whether you have an unusual loan situation you are dealing with, Kathy is happy to assist.

Since 1986 your instructor Kathy Lewis has always offered free lifetime support.


$550.00Add to cart


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