An overview of the residential mortgage process and how it fits into the real estate transaction. Reviews the different residential property types and how to analyze the appraisal and building information for underwriting. Details underwriting and approving the borrower by credit profile, assets, and income. A complete discussion of different loan products and programs will allow students to understand how a buyer is qualified and the loan process. Students will leave with the knowledge of the residential mortgage process and what they can do in their capacity to make the deal move quickly and smoothly.
Prerequisite: None