In this 2 hour CE approved course you will learn:
- Who your team is as a new real estate agent & where to find them
- What a mortgage is & how the process works for a borrower
- Who Fannie Mae & Freddie Mac are and how they influence mortgage lending
- The difference between mortgage brokers & bankers & how to protect your paycheck
- How clients are qualified for a mortgage, the 4 C's of lending: Credit, Cash, Capital & Collateral.
In this 1 hour CE approved course you will learn:
- How interest rates work, including who sets them and how they are calculated.
- How points work and whether or not they are a sound investment to make.
- How you can utilize seller assists to cover rate buydowns or MI buyouts to save a borrower thousands of dollars.
- How rate rebates work and when they can help cover a borrowers closing costs.
- How to avoid monthly mortgage insurance with less than 20% down.
In this 2 hour CE approved course you will learn:
- What the differences are between estimates a homebuyer will receive
- How to compare lender quotes & understand the charges
- What protections a homebuyer has when it comes to fee fluctuations
- The 5 components of cost a homebuyer can expect
- How to help guide your homebuyer into making the best financial decision for them
In this 1 hour CE approved course you will learn:
- The different type of residency statuses
- How each residency type impacts financing options
- What the challenges are for these homebuyer
- How to guide your clients down the path to becoming a homeowner in the US
- What the typical downpayment & reserve requirements are for each
- What lenders will & will not be best for them