Learning Objectives: When the student has completed this unit he or she will be able to:
•Understand the mechanics of a mortgage loan including the components of a loan, qualification and the
loan closing process.
•Summarize the various finance related laws.
•Discuss the primary and secondary mortgage markets and the roles of FNMA, GNMA, and FHLMC.
•Understand the types of loans available.
•Discussing the role TILA/RESPA play in financial advertising.
Course must be completed by 12/31/27