Mortgage Brokers Course

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

By: j h

Decks in this class (22)

Chapter 2
Identify two types of penalties t...,
A mortgage _________ collects mor...,
The provincial agency with the au...
4  cards
Chapter 1 - Law
What are administrative tribunals 1,
Define arbitration 2,
The three potential phases involv...
3  cards
Preface
Name three statutory organization...,
Fee simple interest 2,
Externalities 3
5  cards
Chapter 3 - What the Purchaser Buys
Define fee simple 1,
Which of the following is true re...,
A life estate ___ _____ ___ is th...
8  cards
Chapter 4 - Title Registration and Strata Properties
Certificate of title charge 1,
Conducting a title search means 2,
Duplicate certificate of title 3
24  cards
Chapter 5 - Professional Liabilty
Warranty of authority 1,
Fiduciary duties 2,
Fullest disclosure 4 fees 3
5  cards
Chapter 6 - Law of Contract
Contract 1,
7 essential elements of a contract 2,
4 ways of ineffective contract 3
30  cards
Chapter 7 - Mortgage Law
What is an acceleration clause 1,
What is an omnibus clause 2,
Define guarantor 3
13  cards
Chapter 8 - Financial Statements
Define limited partnership 1,
Define llp 2,
Materiality principle 3
6  cards
Chapter 9 - Mortgage Finance
Characteristics of mortgage loans 1,
Mortgage backed securities 2,
4 classification of mortgage loans 3
12  cards
Chapter 10 - Interest Rates and Mortgages
Constant payment mortgages 1,
Equivalent interest rates 2,
4 components of constant payment ...
5  cards
Chapter 11 - Mortgage Analysis in Real Estate
Bonus 1,
Discount 2,
Market value of an offer 3
7  cards
Chapter 12 - Underwriting and Borrower Qualification
What are 5 c s of credit 1,
2 underwriting objectives 2,
Credit analysis 3
8  cards
Chapter 13 - Management of Individual Loans
3 financial obligations in additi...,
Acceleration clause 2,
Interest adjustment period 3
7  cards
Chapter 14 - Mortgage Loan Repayment and Refinancing Options
Graduated payment mortgage 1,
Sinking fund assisted mortgages 2,
Reverse annuity mortgage 3
4  cards
Chapter 15 - Real Estate Appraisal
Appraisal industry organizations 1,
Legal interests in real estate 2,
Transactional elements 3
8  cards
Chapter 16 - Comparative and Cost Approach of Appraisal
Similar properties 1,
Site value 2,
Physical depreciation 3
6  cards
Chapter 17 - Income/Investment Approach of Appraisal
Gross potential revenue 1,
Gross realized revenue 2,
Fixed expenses regardless of occu...
4  cards
Chapter 18 - Marketing and Technology
Advertising 1,
Customer relationship management ...
2  cards
Chapter 19 / Lesson 18 – Negotiations and ADR
Distributive perspective 1,
Integrative perspective 2,
Negotiation process 3
8  cards
Chapter 20 / Lesson 19 - Contract to Completion
Adjustment date 1,
Encroachment 2,
Conveyance 3
5  cards
Chapter 21 / Lesson 20 - Blending Theory and Practice
Gross up up to 15 1,
Rental income 2,
Blend and increase 3
3  cards

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Mortgage Brokers Course

  • Class purpose General learning

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