Your Home Loan Tool Kit

•Identify the most important steps a consumer should make before buying a home.
•List the components of a monthly payment.
•Learn what affects a consumer’s loan qualification.
•Explain front and back ratios to a borrower.
•List what comprises and impacts credit scores.
•State why a fixed rate mortgage may be desirable.
•Identify risky loan features.
•State down payment alterations.
•Explain zero-point loans.
•Understand why a consumer may want to compare lenders.
•Understand title insurance.
•Explain what to do if a consumer gets behind on their mortgage.

ATTENDANCE POLICY:
1. FREC requires that licensees attend 90% of instructional class time. Physical presence is required.
2. CE credit will not be awarded to students who miss more than 15 minutes of instructional time. Please allow adequate commute time. No exceptions.
3. All students MUST sign-in and sign-out to receive CE credit.
4. Electronic note-taking is permitted on silent devices, only. Cell phone use is permitted during designated breaks.

ACCESSIBILITY:
ORRA will make every effort to ensure that onsite programs are accessible to all. Call 407-513-7268 to provide advance notice to staff regarding need of assistance.

CANCELLATION/NO-SHOWS:
Cancellations not received within two (2) days prior to class start time will result in the forfeiture of the registration fee. Cancellations can be made through ORRA’s Professional Development Department at 407.513.7268 or email at education@orlandorealtors.org.