Mortgage 101: Fundamentals of the Mortgage Process

13 Nov

Mortgage 101: Fundamentals of the Mortgage Process

Mortgage 101: Fundamentals of the Mortgage Process

Wednesday, November 13, 2019 (1:00 PM to 3:00 PM)
0.00 CE Hours
OC REALTORS® Laguna Hills, Laguna Hills, California

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This course provides step-by step instruction on the mortgage loan process—beginning with taking a loan application to funding the loan. REALTORS® will learn the fundamentals of commonly used loan programs, mortgage terms, and property types.

Key Topics:

  • Qualifying a perspective client for a loan
  • Filling out a Loan Application (1003)
  • How to obtain a free credit report, read it, and correct it
  • Loan programs: conventional, jumbo, FHA/VA, interest-only, etc.
  • How to obtain a VA Certificate of Eligibility
  • Review of property types: primary residence, second home, vacation, investment
  • How to acquire FHA/VA condominium approval status
  • First-time home buyer qualification and popular first-time home buyer programs and grants
  • Mortgage loan timelines and "key players" in the loan process
  • TRID basics

OC REALTORS® Laguna Hills - Auditorium A
OC REALTORS® Laguna Hills (Auditorium A)
25552 La Paz Road
Laguna Hills, CA 92653

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Todd Avakian