Alphabet Soup: Understanding Loan Products for Real Estate Agents

Description

This course is designed to demystify the various loan products available to homebuyers, often referred to by a confusing array of acronyms. Participants will gain a thorough understanding of key loan types, including Conventional, FHA, VA, RD, and Non-QM loans, along with their specific eligibility criteria, benefits, and drawbacks. The course also covers essential concepts such as credit scores, debt-to-income ratios, and loan-tovalue ratios. Through real-world case studies and interactive discussions, Realtors will learn how to guide their clients in selecting the most suitable loan products based on their financial situations and property types. Taught by Edna Price with Stockton Mortgage