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MTG7312

Course
MTG7312
Course Title
Mortgage Math

Description

Are you a mortgage professional having difficulties with traditional mortgage calculations? Master those pesky calculations, such as payments, income, LTV, qualifying ratios and loan amortization with this self-paced online course.

Objectives

Students will be able to calculate payments, income, LTV, housing and debt ratios and loan amortization. 

Content

  1. Monthly Payments
  2. Buydowns
  3. Interest and Loan Amortization
  4. Income
  5. Housing and Debt Ratios
  6. Loan to Value (LTV) and Combined Loan to Value (CLTV)
  7. Funds to Close
  8. Arm Adjustments
  9. Acronyms and Terms
  10. Case Studies

Prerequisites

None

Method of Instruction

Online or Classroom

Evaluation

Examination