Description
It’s important for mortgage professionals to understand a wide range of specialized mortgages in order to provide the best service possible to their clients and industry partners. Specialized Mortgages provides mortgage industry participants with a complete menu of products that will help them expand their suite of suitable mortgage options for clients. This course is divided into six sections: MIC Structures and Private Mortgages, Funding Models and Pricing, Commercial Financing, Development and Construction Financing, Appraisal Process and Techniques, and Property Inspections. These sections provide an overview of MIC structures and private lending, including the regulations surrounding MICs, private lenders, and syndicated mortgages. In addition, organizational operations and best practices for these lenders are addressed. Funding models encompasses an overview of capital markets, securitization, NHA MBS and CMB programs, registered covered bonds, and traditional deposit-taking structures. The sections on commercial and development and construction financing emphasize the importance of knowing the client and knowing the parameters for which they require the loan. We also look at risk assessment and the steps involved in funding these types of loans. The last two sections give an overview on the appraisal process and techniques used by appraisers, as well as the process involved in property inspections.
- Designation Courses
