California Mortgage Loan Brokerage: A Practical Guide to Residential Loan Brokering and Lending

California Mortgage Loan Brokerage: A Practical Guide to Residental Loan Brokering and Lending covers the mechanics of mortgage lending, but emphasizes the role of the loan agent in dealing with clients and lenders.

Special emphasis is placed on the agent’s fiduciary responsibility to borrowers and ethical considerations. This course can be used to meet requirements for both salesperson and broker prelicensing students.

Table of Contents:

• What Is a Mortgage Broker?
• The Mortgage Marketplace
• Getting Started as a Loan Agent
• The Primary Mortgage Market
• The Secondary Mortgage Market
• First Interview with the Loan Applicant
• Taking the Loan Application
• Loan Application Disclosures
• The Art of Packaging a Loan
• Closing the Loan
• Government-Sponsored Financing
• Tax Advantages of Home Ownership
• Property Appraisal and Insurance
• Mortgage Fraud and Foreclosure
• Transaction Calculations

Price:  $53.35