CE - Federal & NJ
MORTGAGE 101: PRINCIPLES OF MORTGAGE FINANCE
This course provides an introduction to, and overview of, the mortgage industry. It is an excellent choice for those who are thinking about becoming Mortgage Loan Originators.
Here are some of the topics that are covered:
Analyzing income, assets and credit
Understanding conventional and FHA mortgages
How to use a mortgage calculator
Fees and costs
Mortgage terms, scenarios and worksheets
Understanding mortgage fraud
Creating marketing and business plans
Title, Settlement and HUD-1
* Note: This is not an NMLS approved course.
Hours from this course cannot be applied to hours required for licensing.
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