The LATTC Mortgage Finance program is one of three programs nationwide created for the purpose of developing a pipeline of well-trained and diverse workers for the mortgage finance industry. As part of the Community & Economic Development Department, the Mortgage Finance Program focuses its education and training on the wealth and asset building of its students (both as consumers and workers) and the inner city communities it serves. In recent years, the program has been expanded to address consumer education needs around financial and credit management, homeownership, and general asset building. The Mortgage Finance program continues to develop a robust and comprehensive offering of education and training that serves consumers, students preparing to enter the mortgage industry and current mortgage professionals.
Our unique program provides students the knowledge and training needed for successful employment, career advancement, and professional development in the residential mortgage and real estate industry. Our courses are organized into three tracks: 1) consumer education; 2) core Mortgage Finance courses; and 3) professional development/continuing education.
Our consumer education classes consist of credit (tuition) and non-credit (free) courses to accommodate the different needs of students. Our courses are scheduled to accommodate the working person, therefore, the majority of our courses are taught in the evening, weekends, online, hybrid online, or as one-day seminars. The Mortgage Finance curriculum is regularly reviewed and refined to ensure the courses are relevant, appropriate and cutting edge – providing our students with the necessary skills and knowledge to be successful in the industry and remain at the top of their profession.
Industry leaders participate in the Mortgage Finance Industry Advisory Board and help guide the development of new curriculum, teach courses, recruit instructors and mentors, assist with internships and employment of our students, provide industry training and network opportunities, and provide resources for the program. Our industry partners include mortgage bankers, mortgage brokers, non-profit housing counselors, federal regulators, bankers, and realtors.
The Mortgage Finance program offers a wide variety of educational credentials ranging from skills certificates to an Associate in Arts degree. Students can take a one-day seminar on a specialized training subject or our full curriculum for their A.A. degree. Students can earn a skills certificate in one semester to get them started in the industry. Many students and professionals return to take classes for specialized training or to earn their A.A. degree to complement their professional skills and career. The curriculum is flexible and diverse, with something for everyone. Courses focus on practical skill building that will facilitate student success in the mortgage finance, real estate, and financial services fields as well as in related occupations and industries that demand similar skills of their workforce.