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(SEB) Fundamentals of Mortgage Finance – Types of Loans and How They Perform for The Buyer – 4 CE
May 1, 2024 @ 9:30 am - 1:30 pm
$20.00Instructor: Michael Lux
This course is approved for 4 HRS of Continuing Education. Florida rules require that we monitor attendance and we can not issue credit for less than the number of approved hours. In order to receive credit for your course, please arrive on time and stay for the entire class. Sign-in and Sign-out is required for this class to receive full credit.
Note: The instructor requests that all students bring their own calculators!
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 different types of loans.
Enroll in this course and know your loans!
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
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