In this course you will learn the steps of processing and underwriting a loan; analyzing a credit report and credit scores; complete and analyze a good faith estimate and related mortgage terms. This course is a great overview of the industry and its' processes.
This course includes terms, discussion questions, pre-assessment evaluations, homework and exams, all designed to enable you to target the most relevant topics and thoroughly understand the materials.
COURSE OUTLINE:
Some of the topics covered in this course include:
- Lending Terms
- Qualifying a Borrower
- The Application
- Sales Contract
- Credit Report
- Federal Laws and Regulations
- Truth in Lending
- Loan Programs
- Compliance
- Disclosures
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Real Estate Finance IV