Mortgage Brokers Course

This class was created by Brainscape user j h. Visit their profile to learn more about the creator.

By: j h

Decks in this class (22)

Chapter 2
Identify two types of penalties t...,
A mortgage _________ collects mor...,
The provincial agency with the au...
4  cards
Chapter 1 - Law
What are administrative tribunals,
Define arbitration,
The three potential phases involv...
3  cards
Preface
Name three statutory organization...,
Fee simple interest,
Externalities
5  cards
Chapter 3 - What the Purchaser Buys
Define fee simple,
Which of the following is true re...,
A life estate ____ _______ ____ i...
8  cards
Chapter 4 - Title Registration and Strata Properties
12 erica,
12 erica,
Duplicate certificate of title
24  cards
Chapter 5 - Professional Liabilty
Warranty of authority,
Fiduciary duties,
Fullest disclosure
5  cards
Chapter 6 - Law of Contract
Contract,
7 essential elements of a contract,
4 ways of ineffective contact
30  cards
Chapter 7 - Mortgage Law
What is an acceleration clause,
What is an omnibus clause,
Define guarantor
13  cards
Chapter 8 - Financial Statements
Define limited partnership,
Define llp,
Materiality principle
6  cards
Chapter 9 - Mortgage Finance
Characteristics of mortgage loans,
Mortgage backed securities,
4 classification of mortgage loans
12  cards
Chapter 10 - Interest Rates and Mortgages
Constant payment mortgages,
Equivalent interest rates,
4 components of constant payment ...
5  cards
Chapter 11 - Mortgage Analysis in Real Estate
Bonus,
Discount,
Market value of an offer
7  cards
Chapter 12 - Underwriting and Borrower Qualification
What are 5 c s of credit,
2 underwriting objectives,
X
8  cards
Chapter 13 - Management of Individual Loans
3 financial obligations in additi...,
Acceleration clause,
Interest adjustment period
7  cards
Chapter 14 - Mortgage Loan Repayment and Refinancing Options
Graduated payment mortgage,
Sinking fund assisted mortgages,
Reverse annuity mortgage
4  cards
Chapter 15 - Real Estate Appraisal
Appraisal industry organizations,
Legal interests in real estate,
Transactional elements
8  cards
Chapter 16 - Comparative and Cost Approach of Appraisal
Similar properties,
Site value,
Physical depreciation
6  cards
Chapter 17 - Income/Investment Approach of Appraisal
Gross potential revenue,
Gross realized revenue,
Fixed expenses regardless of occu...
4  cards
Chapter 18 - Marketing and Technology
Advertising,
Customer relationship management ...
2  cards
Chapter 19 / Lesson 18 – Negotiations and ADR
Distributive perspective,
Integrative perspective,
Negotiation process
8  cards
Chapter 20 / Lesson 19 - Contract to Completion
Adjustment date,
Encroachment,
Conveyance
5  cards
Chapter 21 / Lesson 20 - Blending Theory and Practice
Gross up,
Rental income,
Blend and increase
3  cards

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Mortgage Brokers Course

  • Class purpose General learning

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