Understanding Real Estate Financing - 3 Hours
Upon completion of the course, the student will learn the essentials of different mortgage financing programs. They will be able to distinguish the differences among financing programs in order to counsel with their buyers and provide explanations where necessary. The student will be able to assist the public in evaluating their borrowing opportunities. They will understand the secondary mortgage market and its application in real estate financing. The student will be able to utilize the vocabulary of financing in their dealings with the buying and selling public. The red flags of mortgages will allow the licensee to discuss the potential for illegal actions and prevent a buyers inadvertent involvement with them.