FNMA / FHLMC Conventional Loans

Description

In-Person 3-hr Specialty CE - FREE for our Members!! 

Find out how to be on a first-name basis with Fannie Mae and Freddie Mac!

Whether a Realtor® is fairly new to the industry, or they have been around the block, this course will present the intricacies of FNMA “Fannie Mae” and FHLMC Freddie Mac Conventional Loans in a way that will help Realtors® to understand everything from how a borrower can secure a solitary loan to both purchase and rehabilitate a home, to how credit scoring is used by today’s lenders. Students will explore “Conforming” loans, “Non-Conforming” loans, and the functions behind each. It is essential for Realtors® to become close friends with Fannie and Freddie, and this course is the perfect introduction!

Objectives - After taking this class students will be able to:

• Have a working knowledge of Private Mortgage Loans (PMIs) and 100% Conventional or FNMA FLEX Loan (which allows buyers to borrow their down payment)

Instructor: John Johnson

John Johnson has been originating mortgages through different lending institutions for over 14 years as a mortgage broker, a corresponding mortgage lender, and a mortgage loan officer.

John believes that one of the most important components to gaining the trust of a customer and later gaining referrals from those customers is having the knowledge and confidence to correctly answer their questions. The more a real estate professional understands their industry as a whole, the better equipped they are to serve their clients.

Mortgage Financing is a challenging topic, even for veteran agents, due to its ever-changing guidelines. Knowing up-to-date mortgage financing guidelines is a very powerful tool and a great means to set oneself apart in the industry.