Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: CFTA-0023 Organization: Center for Financial Training Location: Classroom-based Length: 11 weeks (53 hours) Dates Offered: 6/1/2021 - 5/31/2024 10/1/2017 - 5/31/2021 9/1/2014 - 9/30/2017 1/1/2007 - 8/31/2014 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 Real Estate Finance Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to provide cutting-edge coverage of specialized mortgage lending procedures including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices. Learning Outcomes: Explain the importance of the Federal Reserve Bank, including its role in monetary policy Differentiate between the primary and secondary markets Explain the differences between mortgage lenders Describe how the development of the uniform loan origination documents and the expansion of the private mortgage insurance market impacted the growth of the secondary mortgage market Describe the components of the adjustable rate mortgage loan product Describe the various types of leases involved in real estate and how they can serve to conserve cash, increase flexibility, and reduce liquidity risk Understand the role of the Environmental Protection Agency in residential and commercial real estate development Describe the origins of real estate finance and landownership Explain the role of financial market instruments in the redevelopment of the real estate finance industry Understand the development of the monetary system in the United States Understand the licensing and registration requirements for those engaged in making residential mortgage loans Describe the changes that caused most primary lenders to cease to be permanent investors in residential mortgage loans Understand the difference between a Veterans Administration mortgage loan and the primary FHA mortgage loan programs Understand the four unique processes involved in the underwriting decision Describe how real estate appraisers approach residential real estate appraisals and the three key methods they employ Describe the commercial real estate application process and documentation requirements Understand the concept of the commercial real estate appraisals and the methods to value real estate General Topics: History and background of real estate Money and interest rates Mortgage money: regulated lenders Other primary market lenders Mortgage money: the secondary market The mortgage documents Mortgage repayment plans Federal government underwriting programs Borrower qualification Property analysis Commercial loans: construction and land loans Commercial building and farm loans Other financing practices Technology advances in mortgage lending Environmental issues Settlement procedures Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Case Studies Discussion Lectures Practical Exercises Methods of Assessment: Examinations Performance Rubrics (Checklists) Written Papers Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from Center for Financial Training Accounting (CFTA-0005) Analyzing Financial Statements (CFTA-0002) Business Communication (CFTA-0003) Business Math (CFTA-0018) Commercial Lending (CFTA-0006) Consumer Lending (CFTA-0007) Economics (CFTA-0008) Financial Accounting (CFTA-0022) Human Relations (CFTA-0009) Human Resource Management (CFTA-0025) View All Courses Page Content