Jan 3 2023
Debra Killian Mortgage Education Specialist on Credit over Coffee
Join Jeanne Kelly Credit Coach and Debra Killian Mortgage Education Specialist on Credit Over Coffee as they discuss getting into the mortgage industry, Debra's e-course and Mortgage Origination Practices.
As Director of Mortgage Education and Training her mission is to provide convenient, on-demand, affordable, high-quality education that improves turn times by reducing touches, keeping originators originating and dramatically improving customer experiences. We are your education arm.
Jeanne Kelly Credit Coach and Director of Mortgage Education and Training Debra Killian discuss Debra’s courses. It's an 18-hour course, and it teaches everything from taking the application to how to read the credit report to structuring loans, pricing loans, reading tax returns, qualifying income, and mortgage products. It goes through everything. And I put that course together because, I realized very early in my career, there really is no training in this industry, any standardized type of training.
I was just telling a young lady taking my class that I had somebody in one of my classes, he was in the business for 22 years and he wrote me this long, really nice testimonial, and he said, I can't believe that I've been in business for 22 years and never knew half the stuff that you taught me in this class.
The other thing is compliance. You know, a lot of people hear the word compliance and they kind of freak out a little bit and they think about laws and we are also offering now quarterly classes where companies can sign people up in advance.
Nobody ever taught them. Why didn't people teach us this earlier? You know, the biggest problem with underwriting is debt to income. Debt to income people not calculating the income correctly. What I say, overstating income and understating liabilities, which becomes a double whammy on it, on a debt to income and I come from the accounting business. I was shocked that people in this business couldn't read tax returns. They don't know the difference between a K one and a 10 99 and you know, just being able to figure out what they're supposed to know. And again, I just go back to the fact, Jeanne and you know this, there's a lot of money to be made in this business.
There's a lot of people making a lot more money than some of the accountants, some of the financial planners. I mean, there's a lot of money on the table. And to have no knowledge base to me is just mind-boggling.
Find out more about Debra Killian at:
https://cloes.online/
https://www.facebook.com/debra.killian
https://www.linkedin.com/in/debkillian/
https://twitter.com/montaukdk
https://www.instagram.com/canopy5090/
