Creative Financing
Obtaining financing in today;s market may not be as difficult as you think. Although there are still many options available for first-time buyers, investors, and those seeking a second home, it is important to understand the current state of the mortgage industry. You're going to need to think within and outside the box of Financing.
During the Creative Financing course, students will get an understanding of the catalysts behind the "freezing" of the credit market, explore the different financing options available, understand credit requirements, as well as ways to structure deals so that they get done. In some cases, you may not even need any of your own money!
Topics include:
- Introduction to Financing
- Mortgage backed securities and how they affect the market
- Understanding what affects your credit scores
- Traditional Mortgages
- Fannie Mae, Freddie Mac, and FHA
- Private Investors
- Hard Money Loans
- Seller Financing
- Investment Groups
- Income types
This class will have you capable of determining several different ways of getting your deal financed.