This course offers an introduction to loan basics that will give a better understanding of how the major components of a loan (credit, income, assets and collateral) affect the ability of a borrower to qualify for a loan and how much of a loan they qualify for. Upon completion of this course, t...
This course offers an introduction to loan basics that will give a better understanding of how the major components of a loan (credit, income, assets and collateral) affect the ability of a borrower to qualify for a loan and how much of a loan they qualify for. Upon completion of this course, the real estate practitioner will have a better understanding of how a home loan is structured for pre-qualification and ultimately loan approval.