Mortgages, Loans, and Laws - How They Help Your Client
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This course is iPad compatible. This course is designed to provide an introductory explanation of real estate financing options, the financing process, and the laws and regulations that govern real estate financing transactions. Upon completion, students will understand how real estate financing works and be better suited to advise home buyers about real estate financing.
Learning Objectives
Upon completion of this course, the student will be able to:
• Explain how the mortgage process works
• Explain how FICO scores are determined
• Describe the different types of loans
• Explain the provisions and requirements of the Truth in Lending Act• Explain the provisions and requirements of RESPA and the Dodd-Frank Act
• Discuss the factors that contributed to the housing crisis
• List and explain several alternative financing strategies
Learning Objectives
Upon completion of this course, the student will be able to:
• Explain how the mortgage process works
• Explain how FICO scores are determined
• Describe the different types of loans
• Explain the provisions and requirements of the Truth in Lending Act• Explain the provisions and requirements of RESPA and the Dodd-Frank Act
• Discuss the factors that contributed to the housing crisis
• List and explain several alternative financing strategies