About this Event
Whether you're newer to real estate or have years of experience, understanding the mortgage side of a transaction can help you better serve your clients and navigate the process with confidence.
Join Meredith Spence, Branch Manager at Embrace Home Loans for a Lunch & Learn covering key mortgage concepts every real estate professional should know.
We'll break down the terminology, loan options, and financial considerations that can come up throughout the buying process, giving you a stronger understanding of what your clients may encounter from prequalification through closing.
During this session, you'll learn about:
🏡 Conforming vs Government Mortgages
📈 The Ins and Outs of Variable Rate Mortgages
✅ PreQualification vs PreApproval vs Fully Underwritten Approval
🤝 The Differences Between Mortgage Bankers, Correspondent Lenders & Mortgage Brokers
📋 Appraisals, Appraisal Waivers, and Appraisal Gaps
📊 Loan-to-Value Ratio and Debt-to-Income Ratio
🛡️ The Ins and Outs of Private Mortgage Insurance (PMI)
💰 Why Closing Costs Add Up Fast
🏦 Mortgage Escrow Accounts
Whether you're looking for a mortgage refresher or want to strengthen your understanding of the financing side of a transaction, this session will give you practical knowledge you can use with your clients.
🍴 Lunch will be provided.
Event venue & nearby stays
1 Militia Dr suite 204, 1 Militia Drive, Lexington, United States
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