Virtual Class-Mortgage Finance in Real Estate (3 Clock Hours)

Description

Instructor: Michael Smith 

The mortgage loan process is complex and rarely without glitches. Important details can get overlooked causing a purchase to be delayed or denied. Understanding this process so that you can better educate your clients can add value to your skill set as a broker. In this class, you will: Learn the lending process from the buyer and seller perspectives Recognize elements and aspects of a credit qualification Identify the "red flags" of buyer financing and different types of loans Learn the difference between pre-qualification, conditional loan approval, pre-approval and between the types of money lenders. Increase knowledge on using specialized forms Discuss real life scenarios discussed from the seller and buyer side transactions Minimize transaction fall-out due to financing contingency(s)