Financing: Nuts & Bolts

This course is designed to instruct, update, and remind agents of the nuts and bolts of real estate financing.

We’ll cover and discuss the following:

• Secondary market (Fannie, Freddie), FHA, VA, USDA, and portfolio loans.
• Qualification and the effect of interest rates and credit scores on financing
• How to determine if the property fits the loan program
• The differences among year-round owner-occupied properties, investment properties, and second homes that do not meet secondary market guidelines
• How agents should keep up to date on other local programs, such as first-time buyer closing cost assistance, as well as vetting lenders to determine which lenders are most reliable.