Fundamentals of Mortgage Finance: Types of Loans and How They Perform for the Buyer (4CE)
Tuesday, July 2, 2024 (1:00 PM - 5:00 PM) (EDT)
Description
So many loans, so little time! This course will acquaint the Realtor®, new or experienced, with a pictorial overview. Students will be shown the different loan options, including Fixed Rate Loans, Adjustable Loans, Balloon Loans and how a 2-1 “Buy-down” loan performs. This course is designed to help the Realtor® see how the different types of loans perform over their term so that they may be able to answer a client’s questions relative to their specific purchase when they use these different types of loans. Enroll in this course and know your loans! Note: The instructor requests that all students bring their own calculators, or the sponsoring board provides them.
Objectives: After taking this class students will be able to:
- Identify the different types of loans.
- Understand how loans perform over term.
- Learn to calculate the initial & subsequent rate changes of ARMS.
- Solicit and justify a “Smart Offer” from the buyer.
- Explain the benefits of A “Smart Offer” to the Seller
Instructor
Brandon Harrell
Florida licensees will earn 4 hours of Specialty CE Credit upon successful course completion.
4590 Ulmerton Road
Clearwater, FL 33762
General Education
Continuing Education