Updated to follow the guidelines for those pursuing a real estate license, this text has been reordered to improve the presentation of real estate finance needed by lenders, real estate agents, appraisers, and investors. In these ever-changing times, it is key to learn the fundamentals of real estate finance, how the market evolves, and what factors influence how it works.
- Updates to loan programs and loan limits along with how to calculate payments for conventional mortgages
- Expanded discussion of the credit report in the lending process as well as how federal tax claims work and what every agent should know
- New sections on how delinquency and defaults impact lenders, major changes to loan terms, and changes due to the Tax Cuts and Job Act
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