Financing & Mortgage Concepts
Understand mortgage qualification, PITI, payment factors, discount points, VA loans, and affiliated loan businesses.
- Loan Estimate, Closing Disclosure, and Loan Approval: Different Steps
- Co-Borrowers, Co-Signers, and Non-Occupant Borrowers
- FHA Appraisals and Required Repairs: What Students Should Know
- Soft-Second Mortgages: Deferred Payments, Forgiveness, and Repayment
- Primary and Secondary Mortgage Markets: Fannie Mae, Freddie Mac, and Ginnie Mae
- Loan-to-Value, Down Payments, Equity, and PMI
- Mortgages: Borrower, Lender, Ownership, and Key Clauses
- Mortgage Qualification: HER vs. TOR and PITI
- Mortgage Payment Factors and Total Interest: Worked Examples
- Discount Points: Borrower Cost and Approximate Lender Yield
- VA Loans: Entitlement, Loan Limits, and Down Payments
- Real Estate and Loan Brokerage: Affiliated Businesses and Disclosure Questions