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III. General Mortgage Knowledge

This class was created by Brainscape user Antonio Rullo. Visit their profile to learn more about the creator.

By: Antonio Rullo
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Decks in this class (5)

Types of Mortgage Loans
Starting this chapter off general mortgage knowledge, this section will highlight the different types of mortgage loans. You will be tested on the most common types of mortgages, how to tell them apart, and what makes them the best options for certain types of home loan applications.
10  cards
Mortgage Loan Origination Process
The mortgage loan origination process is the first part of the mortgage application with many rules and regulations
10  cards
Mortgage Loan Underwriting and Approval
Its importance in the application process, and how it ultimately chooses whether an application is approved or declined.
8  cards
Mortgage Loan Closing Process
The mortgage application process can seem like a long and winding one at times, so when it ends it’s good to know the ins-and-outs so it can be done swiftly and efficiently.
10  cards
Mortgage Loan Servicing
knowledge on the often unseen and unthought of part of the mortgage lending process… mortgage loan servicing. You will learn exactly what this service entails, and you will be tested on how it serves the needs of the applicant and the lender.
7  cards

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III. General Mortgage Knowledge

  • Class purpose General learning

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