Blog 11: Mentorship 10 Hours

Content:

1.   Where are you doing your mentorship?
Reviewing the overall process of how a loan gets approved. From finding a funder to a loan broker. Then getting an ESCROW company to approve the loan as a whole. Loan processors are the middle man persay that get all the info of the borrower and find the perfect match for them.

2.   Who is your contact?
Mariana Gonzalez - Source One Finance

3.   How many total hours have you done (total hours should be reflected in your mentorship log located on the right hand side of your blog like your WB)?   
40 hours 

4.   Summarize the 10 hours of service you did.
I just finished mentoring over the weekend and finished another 10 hours. I did 5 hours Saturday December 28th and then another 5 on Sunday December 29th. My mentor first started me off easy by shredding loans processed of 2009-2010. I'm beginning to shred 2010 because it is required by law to dispose of any loans processed that are older than 3 years old. This is just to ensure the safety of the applicants and to be sure that any information on the documents may have to be updated. Afterwards Mariana, my mentor, went over another loan process, but instead she let me take over a little bit more. She was "watching me like a hawk" because any mistake I would make she would correct me right away. It was the most intense 3 hours of my life besides SAT's. I did the same thing that Sunday as well, but just finished the loan paperwork.

5.   Email your house teacher the name of your contact and their phone number confirming who they should call to verify it.  

Blog 10:Senior Project: The Holiday

Content:

1.  It is important to consistently work on your senior project, whether it is break or we are in school.  What did you over the break with your senior project?

Got familiar with the loaning process and tried to complete a loan with few mistakes. Shredding past loans processed in 2009 - 2010.

2.  What was the most important thing you learned from what you did and why?  What was the source of what you learned?

You have to look at all the little things because every little thing counts in a loan. For instance with my situation with owning a property, but never have done the taxes for it. Every since 2008 every bank has learned to be strict to ensure safety of not loosing money. My mentor is my source because the loans of 2009 were the bare minimum to get by living.

3.  If you were going to do a 10 question interview on questions related to answers of your EQ, who would you talk to and why?

My Mentor Mariana at Source One Finance because shes taking the time to show the process of how a loan goes through a broker and funder.

Additional Post 5: Mentorship

I just finished mentoring over the weekend and finished another 10 hours. I did 5 hours Saturday December 28th and then another 5 on Sunday December 29th. My mentor first started me off easy by shredding loans processed of 2009-2010. I'm beginning to shred 2010 because it is required by law to dispose of any loans processed that are older than 3 years old. This is just to ensure the safety of the applicants and to be sure that any information on the documents may have to be updated. Afterwards Mariana, my mentor, went over another loan process, but instead she let me take over a little bit more. She was "watching me like a hawk" because any mistake I would make she would correct me right away. It was the most intense 3 hours of my life besides SAT's. I did the same thing that Sunday as well, but just finished the loan paperwork. I am not legally able to show anything of the applicant, so my Mentor let me show hers with her discretion. Her private information is blacked out.