Analyzing Borrowers' Risk
Course:
Analyzing Borrowers' Risk
Subject Expert/Author:
Bill Hall
Format:
CE Scenario
Description: The real estate sales agent may be the first point of contact for many potential homebuyers. Some of these people are unfamiliar with the mortgage lending process and will look to the sales agent for helpful information and guidance.
The more knowledgeable a sales agent is about mortgage lending, the better he or she will be able to detect warning signals about their viability as mortgage borrowers, manage their expectations and prepare them for the types of verification and documentation they will have to provide to mortgage lenders.
This course explores the kinds of information sales agents need to obtain from potential buyers, and strategies for verifying that information and assessing a buyer's ability to take on a mortgage loan. The issue of risks associated with high-ratio mortgage loans and low down payments is also addressed. The course presents realistic scenarios that explore suitability and risk issues typical of today's real estate market.
CE Network Inc., and its associated authors and subject matter experts, are solely responsible for the content of this course.
Audience for Course: Real Estate Professionals.
Applicable for the following licenses/designation: RECO and NBREA Approved
Completion Requirements for CE credit: You must complete all content topics in this course as well as end of module self-check tests to qualify for CE credit.
List Price:
$60.00
Selling Price:
$60.00
Credit Hours:
3.00
Course Provider: CE Network Inc.
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