Mortgage 101

CE Credit: 3

Instructor: Anna Smith

So many types of loans help home buyers achieve the American dream of home ownership that they may not have understood was available before. Fannie Mae and Freddie Mac were created by Congress and perform an important role in the nation’s housing finance system – to provide liquidity, stability, and affordability to the mortgage market. They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to finance housing. Government-guaranteed loans like FHA and USDA offer housing to many citizens who need alternative financing that other types of mortgages cannot provide. This 3-hour course is designed to familiarize real estate professionals with the programs available and who is best suited to take advantage of the benefits of the programs.