Module 1: Analyzing Mortgage Applications:
In this module, students will learn how to analyze mortgage applications. This includes evaluating the borrower’s credit history, assessing the risk of the loan, and understanding the terms of the loan.
Module 2: Understanding Mortgage Market Trends:
This module will provide an overview of the mortgage market and its trends.
Module 3: Estimating Monthly Mortgage Payments:
In this module, students will learn how to calculate monthly mortgage payments. This includes understanding the different types of mortgage payments, interpreting amortization tables, and using mortgage calculators.
Module 4: Understanding Mortgage Loan Types
This module will provide an overview of the different types of mortgage loans.
Module 5: Interpreting Credit Reports:
In this module, students will learn how to interpret credit reports. This includes understanding the different components of a credit report, assessing a borrower’s creditworthiness, and understanding the impact of a borrower’s credit score on a loan.
Module 6: Using Mortgage Calculators:
In this module, students will learn how to use mortgage calculators. This includes understanding the different types of mortgage calculators, using them to calculate monthly payments, and understanding the impact of prepayment penalties.
Module 7: Understanding Mortgage Insurance:
In this module, students will learn about mortgage insurance and how it works. This includes understanding the different types of mortgage insurance, assessing the cost of mortgage insurance, and understanding the impact of mortgage insurance on a loan.
Module 8: Applying Risk/Reward Principles:
This module will provide an overview of risk/reward principles