Virginia Real Estate Finance

2 Hour Real Estate Finance Course

Course# ECEPLPPFIN2CRP

Course Description

This course describes the mechanics of a mortgage loan including the components of a loan, qualification and the loan closing process. It summarizes the various finance related laws. It describes the primary and secondary mortgage markets and the roles of FNMA, GNMA, and FHLMC, the types of loans available and the role TILA/RESPA play in financial advertising.

Key Learning Outcomes and Skills

When you have completed this unit you will be able to:

• • Understand the mechanics of a mortgage loan including the components of a loan, qualification and the loan closing process.
• • Rights in real estate
• • Summarize the various finance related laws.
• • Discuss the primary and secondary mortgage markets and the roles of FNMA, GNMA, and FHLMC.
• • Understand the types of loans available.
• • Discussing the role TILA/RESPA play in financial advertising

Skill Level:

First Year in Real Estate