Description

Mortgage Assumptions: Gain an overview of an assumable mortgage in a real estate transaction. The attraction of assuming an existing mortgage is prevalent in the marketplace; we will separate theory and reality to give the agent familiarity with assumptions. The course will discuss key points a licensee should have either knowledge or awareness of, including timelines, processes, setting expectations, differences in assumption guidelines between mortgage types (FHA vs. VA vs. Conventional), how to watch for scams, and the issue of bridging the gap between price and existing mortgage. 

Instructor, Patrick Ritchie

Certificates
We’ll email your CE certificate to you within two business days after class completion.