Description:

This course delves into the intricacies of residential mortgages, covering topics such as types of residential mortgages, mortgage rates, loan structures, and the role of credit in the mortgage process. Participants will gain a comprehensive understanding of the residential mortgage market and the key factors influencing mortgage approvals and terms.

Key Highlights:

• Types of residential mortgages
• Mortgage rates and loan structures
• Credit's role in the mortgage process

What you will learn:

• Identify different types of residential mortgages
  Learn about fixed-rate mortgages, adjustable-rate mortgages, and other common types in the market.
• Understand the factors influencing mortgage rates
  Discover how economic conditions, borrower profile, and market trends impact mortgage rates.
• Explore the role of credit in mortgage approvals
  Understand how credit scores, history, and debt affect the mortgage application process.