On Board Training Training For New Originators

Compliance and training managers; consider this training
to support your current efforts.

We cover all the prerequisites so you can the
concentrate on your MLO’s strengths!

This training  is available 24 hours a day, every day.
Just because your new MLO’s go home at night doesn’t mean they get
a break learn from learning their new job skills!


Return To Loan Originator Training Programs


Learning your new job as an originator can be challenging, especially when the boss needs you producing loans and not asking a lot questions that everyone else already knows because they have years experience.

Everyone sometimes forget they were once new too!  Maybe you’ve a little real estate experience or you just completed your NMLS pre licensing class; but now you need to learn how to perform your job as a professional loan originator.

With over thirty years of mortgage training experience, Kathy Lewis the Founder of Capstone Institute created her famous training program titled; “Principles of Mortgage Finance”.

Bigger and better than ever after originally being copyrighted in 1986, Kathy has broken down every job skill a loan originator needs to understand and master to be effective and prosperous.  Most loans don’t die at signing, they die in loan processing or underwriting because the loan originator wasn’t paying attention to details.  Details is the key word here and Kathy doesn’t miss any in this training.

Your Instructor:

Kathy Lewis
Founder & President of Capstone Institute
America’s first mortgage training school, established in 1986


Type of Instruction:  
Online self paced,  video training with narrated powerpoint presentation. Your online presentation , training technical manual and case studies are fully synchronized.
Please allow 2 to 5 days for your printed materials to arrive



Principles of Mortgage FinanceYour Instructor,  Kathy Lewis and you are always on the same page.

Capstone is so sure you’ll enjoy this training we guarantee your satisfaction

No other mortgage training school offers this type of guarantee


Course includes:

* Printed training manual
* Printed case study exercises to strengthen your skills
* 7/24 online access for 90 days

If you ever need to ask a question during or after your training just call 888-254-3431 or send your questions to: kathyl@capinst.com or garryt@capinst.com


principles of mortgage finance

Essential Training For All Conforming And Non-Conforming Loan Originators

In the mortgage industry your training never ends; its continuous because our industry is ever changing. Legislative and loan program changes are continuous.  Whether you’re planning on working for a bank or a lender or a broker your initial training is going to make the difference in your level of success.


Our training and testing covers all the essential subjects and topics you’ll need to understand within your first 30 days of employment.  Remember we give you 90 days to complete your training; so you’ll have time to review and practice more than once.


If you’ve completed your SAFE Act pre-licensing testing you can now get excited because now you’re going to learn how to do your job and how to do it the right way.   If you’re a Bank, CU, or S&L employee you’re also in for a treat because after this training you’ll be equal in mortgage knowledge than those who’ve had to take the NMLS pre-licensing training.

Your Training Includes:

Technical manual with case studies that guide you through how to effectively perform your duties and responsibilities as a mortgage loan originator. How to calculate any required mortgage formula without using any mortgage software.

Full instructor support during and after training. 90 days unlimited access from date of purchase.

learn mortgage financing principles

Principles of Mortgage Finance

Open Your Principles Manual For Conventional Loan Origination

As a loan originator you should know how to calculate every computation on the Loan Estimate and Fees Worksheet without the assistance of any mortgage software.

That’s right ! This training will instruct you on how to calculate all the numbers with a basic financial calculator.


Explanation of Mortgage Programs
Federal Regulations and Compliance Overview
Calculating PITI By Hand
Reviewing the Credit Report
Qualifying Ratios
Reviewing the Credit Report
Explanation of Prepaid Finance Charges (PFCs)
Preparing a Fees Worksheet
Preparing Loan Estimate
Prepaid Escrow & Taxes
Calculating PITI By Hand
Taking a Detailed Loan Application
Acceptable Income and Assets
Required Documentation
Refinance Transactions

online course for learning principles of mortgage finance

Terms and Definitions

Knowing and understanding your mortgage terms and definitions is as important as know how to calculate a loan payment.

This section is a self studying section without narration and soon will have its own testing section.

From acceleration clauses and add on interest to waiver of lien and warranty deeds you’ll have the information to understand what subject ,conditions and limitations your borrower’s loan will have to meet.

how can i learn mortgage finance principles

Detailed Review of Federal Regulations & Compliance

Under our new system of mortgage regulations; meant to protect our consumers; you’ll find a maze of overlapping regulations and requirements.

This section will assist loan originators in clearly showing you:

* What your responsibilities are
* When you must comply
* How to stay in compliance.

Mortgage finance principles online learning

Conventional Loan Programs & Non-Traditional Loan Types


Standard 15-2- 30 year fixed programs
Use of CHARMS Booklet
Maximum Loan to Value
Maximum Seller Contributions
Adjustable Rate
Construction Perms
Reverse Mortgages
Second Mortgage
Other historical and present day programs

Capstone institute teaches principles of mortgage finance

Make Your Calculator
Earn It’s Batteries

How to do all the math without any mortgage software

Put your calculator into action. Your borrowers think they know how much they can afford. Lets do the math to see if they’re right!

Without accessing your laptop, you’re going to learn how to:

Read Private mortgage Insurance Rates Sheets
Calculating PMI
Principal and Interest Payment
Hazard Insurance
Completing the Loan Estimate
Fees that do and don’t affect “APR”
Fees worksheet
Property Taxes
Flood Insurance
Origination Charges
Services your borrower can & can’t shop for
Total Cash Required To Close
Home Loan Tool Kit

Now that you understand the math , we’ll cover pre-qualifying the borrower and how to take a correct loan application, Including:

Basic Fannie Mae Underwriting Guidelines
Borrower Income and Assets
Debt to Income Ratios
Loan-To-Value Requirements
Cash Required to Close
Required Borrower Documentation


courses on mortgage lending principles

Guidelines For Taking A Detailed Loan Application

It takes time to properly and thoroughly complete a mortgage loan application. However, the extra time spent “UPFRONT” results in speedier processing and approval later on.

A properly completed application also means less surprises for you and your processor. Asking all the right questions and determining the required documentation does results in speedier approvals – with little or no conditions.

mortgage lending courses

Loan Originator Duties & Responsibilities For Assisting In Speedier Loan Processing

This is a review of conventional loan processing requirements and why originator’s need to understand the importance of submitting complete loan applications with all the required documentation the first time.

This section emphasises why it’s absolutely essential for every originator to understand how loans are processed, their documentation required, and how underwriters look at the risk in determining approval or denial of a loan file.