Understanding the US Mortgage Industry
☑ understanding the concepts of mortgage
☑ understanding the types of properties involved in mortgage
☑ learning the type of loans available for homeowners
☑ understanding the loan documents involved in the process
Over the years, I have always had difficulty for acquiring important topics of mortgage, I got to know that when I started working in the mortgage industry some time, I did research and made a course where you can learn everything that is involved in mortgage within 1 hour. But in order to do so, you may have to pause the module and repeat it sometimes so that you can ace the course. My intent was to create something that will help you when someone talks about Mortgage with ease.
In this course, we will cover everything you need to know to be knowledgeable about mortgages in the United States. We start with the most fundamentals of mortgage business such as Mortgage, Subject Property, Lien, Monthly housing expenses and many more.
This course will give you an understanding of all the things that you need to be aware of before going to a lender as a borrower, job seeker or researcher.
This course contains nearly 41 modules in 7 sections and is structured so you have a clear awareness of how mortgages work specially in the United States:
- Introduction
- Mortgage
- Purpose of Loan
- HELOC, Amortization and Titles
- Other parts involved in Mortgage
- Loan Documents
- Wrapping up
This program is one of the keep essentials that would help you to have clarity about Mortgage.
English
Language
Introduction
Introduction to the course and Instructor
What is Mortgage?
Mortgage, Lien and Subject Property
Monthly Housing Expense
Lender and Borrower
Type of Mortgages
Type of Properties
Purpose of Loan
Conventional Loans
FHA loans
Home Equity Conversion Mortgage
VA loans
USDA loans
Rate and Term Refinance
Cash Out Refinance
FHA Streamline Refinance
VA Interest Rate Reduction Refinance Loan
HELOC, Amortization and Titles
Home Equity
HELOC
Fixed-Rate Mortgage
Adjustable-Rate Mortgage
Hybrid Adjustable-Rate Mortgage
Title Company
Title Insurance
Title Search
Other parts involved in Mortgage
Appraiser
Closing agents
NMLS
Fannie Mae, Freddie Mac and Ginnie Mae
Mortgage Broker
Loan Originator, Loan Processor and Underwriter
Loan Origination and Closing Cost
Loan Documents
Credit Report
1003 Form Introduction
Section 1 of 1003
Section 2 of 1003
Section 3 of 1003
Section 4 of 1003
Section 5 of 1003
Section 6 to 10 of 1003
Loan Estimate And Closing Disclosure
Wrapping Up
Types of Lending
Bonus Lecture
Bonus Lecture