Lender*VP
Summary
Audience
Objectives
- Explain the loan servicing rules for 360-day configured loans
- Identify CU*BASE automated features
- Explain the difference between amortization, simple interest, and scheduled interest
- Explain payment application and system accrual processes
Topics
- This course covers the following topics:
- Servicing 360-day interest loans
- Configuring mortgage lending products
- Preparing loans for final payoff
- Mortgage payment matrix