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In-Person: (A) Understanding Fannie Mae and Freddie Mac Conventional Loans – 3 CE
Instructor: Michael Lux
This course is approved for 3 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.
Find out how to be on a first-name basis with Fannie Mae and Freddie Mac! Whether a Realtor is fairly new to the industry, or the have been around the block, this course will present the intricacies of FNMA “Fannie Mae” and FHLMC “Freddie Mac” Conventional Loans in a way that will help to understand everything from how a borrower can secure a solitary loan to both purchase and rehabilitate a home, to how credit scoring is used by today’s lenders. Students explore with “Conforming” loans, ” Non-Conforming” loan and the functions behind each. It is essential for Realtors to become close friends with Fannie and Freddie, and this course is the perfect introduction!
- Have a working knowledge of Private Mortgage Loans (PMIs) and 100% Conventional or FNMA FLEX Loan (which allows buyers to borrow their down payment).