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Start
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$59
6 Total hours 6 Elective hours 0 Annual Commission Update hours The financing of a home is as integral to real estate transactions as finding the home itself, and it is beneficial for you to have a clear understanding of the entire financing process. This course will help you to gain a better understanding of the changes the mortgage market has experienced over the years. Course highlights include: - Details outlining the history and purpose of real estate financing - Explanation of the roles and regulations of FNMA, GNMA, FHLMC, FHA, and VA - Video outlining the rise and fall of the mortgage market and global economy - Information about HAFA and Making Home Affordable - Statistics from the Center for Responsible Lending and the Federal Reserve - Affordability Worksheet, to assist clients in calculating their maximum affordable purchase price - Homebuyer Do's and Don'ts flier with tips for your clients - Instructions on calculating LTV, front-end and back-end ratios, and monthly mortgage payments - Details and qualification requirements for several popular financing options |
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