Prequalifying Your Buyer in Today's Market Module 7

This online continuing education course provides an overview of real estate financing, and describes the different types of loans and loan programs as well as lending sources. Students will learn how to calculate debt ratios and use loan factors to complete mathematical calculations related to mortgage loans. Students will also estimate closing costs for different types of loans. The course concludes with the student completing prequalifying computations and a loan comparison worksheet for the buyers in the scenario.

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  • 3 hours on-demand video
  • 1 Article
  • 15 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion

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Description

This online continuing education course provides an overview of real estate financing, and describes the different types of loans and loan programs as well as lending sources. Students will learn how to calculate debt ratios and use loan factors to complete mathematical calculations related to mortgage loans. Students will also estimate closing costs for different types of loans. The course concludes with the student completing prequalifying computations and a loan comparison worksheet for the buyers in the scenario.