Mortgage Pitfalls

# 1121950

3 CE​​​​​​​​​

​

Participants will gain insights into the roles of various entities and participants in the mortgage process,
including government-sponsored enterprises, lenders, loan officers, borrowers, and real estate agents. The
course covers the key steps in the loan process, from pre-approval to post-closing, and emphasizes the
importance of effective communication and thorough documentation. Through interactive modules, attendees
will learn about common issues that arise during origination, processing, underwriting, and closing, and explore
best practices for ensuring smooth and successful transactions.

Alphabet Soup

# 122337

3 CE​​​​​​​​​​

​​

​

This course is designed to demystify the various loan products available to homebuyers, often referred to by a confusing array of acronyms. Participants will gain a thorough understanding of key loan types, including Conventional, FHA, VA, RD, and Non-QM loans, along with their specific eligibility criteria, benefits, and drawbacks. The course also covers essential concepts such as credit scores, debt-to-income ratios, and loan-to value ratios. Through real-world case studies and interactive discussions, Realtors will learn how to guide their clients in selecting the most suitable loan products based on their financial situations and property types.

Reverse for Purchase 

# 121313

2 CE​​

​​​​​​​This comprehensive continuing education course is a deep dive into the nuances of Reverse Mortgages for Purchase (H4P). The course covers the fundamentals of reverse mortgages, the history and growth of these financial products, and the specific requirements and benefits of H4P. Participants will learn about borrower eligibility, the loan origination and underwriting process, the importance of financial assessments, and the counseling requirements. The course also explores payout options, non-recourse features, and practical case studies to illustrate how H4P can be used to enhance the purchasing power and quality of life for senior clients.

Manufactured Housing

# 1121951

1 CE​​

​

​​​​​​Participants will learn the history and evolution of manufactured homes, understand the differences between mobile, manufactured, modular, and CrossMod homes, and identify crucial documentation such as the HUD Data Plate, HUD tags, VIN number, and title. The course covers foundation and structural requirements, legal and ownership considerations, and loan products available for manufactured homes. Realtors will gain the skills to ensure smooth, successful transactions and effectively advise clients on purchasing and financing manufactured homes.​