About This Course
High-cost and higher-priced mortgage loans today are less commonplace than they once were, but they still represent a share of the market. For some consumers, a high-cost mortgage is the most suitable – or best available – option. These loans come with myriad special requirements and restrictions meant to add layers of protection to ensure borrower repayment ability, education, and default avoidance. This course will review these loan types and their special requirements.