Course Details

Are you like many people and suffer from math phobia? Take this course to gain confidence with the basic calculations used in residential mortgage lending. Through hands-on applications, participants calculate gross monthly income, apply qualifying ratios, identify cash requirements for closing, calculate loan payments, and remaining loan balances. Overcome your fear of math with step-by-step instructions and plenty of opportunities to practice what you’ve learned in a variety of foreclosure, rental, pre- and post -purchase counseling scenarios.

Target Audience: Mortgage Math Made Simple for Homeownership Professionals offered online by NeighborWorks America is beneficial to homeownership professionals as well as anyone who is interested in learning how to perform all the basic mortgage calculations related to pre-purchase, post-purchase, rental and foreclosure situations.

Course Objective: Upon successfully completing Mortgage Math Made Simple for Homeownership Professionals, participants will be able to complete common mortgage calculations including ratios, LTV’s, principal and interest calculations, which are needed to successfully perform pre-purchase, post-purchase, rental and foreclosure counseling.
This course provides 2.5 hours of continuing education.

Course Length: 1/2 Days

Tuition: $270.0

Course counts toward a professional certificate (PCP): No