10194184Real Estate Finance
Course Information
Description
An analysis of the various aspects of real estate finance with an emphasis on the type of instruments used, sources of funds, procedures involved and the role of the federal government. The course includes numerous activities outside the classroom designed to demonstrate lending policies, problems and rules involved in financing real property, including residential, multi-family, commercial and special purpose properties.
Total Credits

Course Competencies
  1. Explain how economic conditions affect interest rates

  2. Calculate debt-to-income rations and pre-approve borrowers for a home purchase

  3. Compare loam program criteria to borrowers' qualifications

  4. Explain the highlights of the three main loan programs for residential real estate

  5. Prepare a settlement statement for a purchase transaction

This Outline is under development.