Mortgage Basics for Realtors

In this class we’ll cover:

• A simple overview of common mortgage products types
  • Basic qualifications
  • Common myths and misconceptions
    • Down payment myths
• How credit impacts buying power
• How the pre-approval process actually works
  • Pre-approval versus pre-qualification
• What happens from contract to close
  • Timing
  • Basic loan approval process
• Common financing pitfalls that can derail deals – and how to avoid them