Loan Processing: 03. Compliance
Last Updated 10/2025
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What you'll learn
Compliance requirements
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs
Skills covered in this course
Description
Within three business days of verifying the application, the lender must give the applicant a loan estimate of anticipated closing costs.
What this course covers:
- What the loan estimate must disclose
- Costs like origination, title insurance and escrow reserves
- The 2015 federal changes that enhanced lending transparency
- Meeting loan processing compliance requirements
For loan processors and compliance staff handling mortgage disclosures.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
Making the Workplace Safer and Smarter
HSI (Health & Safety Institute) is a recognized leader in Environmental, Health and Safety (EHS) and workforce development software, training, and compliance solutions.
HSI is your single-source partner for EHS, Compliance, and Professional Development solutions. HSI provides integrated e-learning content, training solutions, and cloud-based software designed to enable your business to improve safety, operations, and employee development. Across all industries, we help safety and technical managers, human resources, first responders, and operational leaders train and develop their workforce, keep workers safe, and meet regulatory and operational compliance requirements. We are a unique partner that offers a suite of cloud-based software solutions including learning management, safety management, chemical SDS management, and more, integrated with our content and training so businesses can not only monitor and manage multiple workflows in one system, but train employees via one partner.
Loan Processing: 03. Compliance
Loan Processing: 03. Compliance
Within three business days after completing and verifying the application, the lender needs to provide the applicant with a loan estimate of the anticipated closing costs. This estimate shows the costs associated with the loan settlement, like origination fees, mortgage insurance, title insurance, escrow reserves, and hazard insurance. In 2015, federal changes were made to enhance transparency in the lending industry. In this course, we'll talk about these compliance requirements.
Frequently Asked Questions
A loan estimate of anticipated closing costs, which the course covers as a compliance deadline lenders must meet.
Costs like origination, title insurance, and escrow reserves, per what the course says the loan estimate must disclose.
Yes, it covers the 2015 federal changes that enhanced lending transparency.
It narrows in on the compliance step, specifically the loan estimate disclosure requirements, rather than the full application-to-decision lifecycle.
Loan processors and compliance staff handling mortgage disclosures.
Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.
The course takes approximately 2 minutes to complete and can be paused and resumed at any time.
No. This course does not include a certificate of completion.
Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.
Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).
Yes. The course is fully self-paced and available 24/7.
Yes. This course includes a knowledge check to reinforce learning and verify completion.
Learners have lifetime access from the date of purchase.
Yes. A preview is available so you can review the course format and content before purchasing.
Yes. Content is reviewed and updated as regulations and best practices change.
Yes. This course is available for free with an active Prime Subscription.
Yes. Refund requests can be submitted within 30 days of purchase.
