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Product Description
Financing Residential Real Estate has earned a reputation in the real estate community as not only the most up-to-date, but also the most comprehensive and clearly written book in its field. It s not just a theoretical treatment of finance; it s a practical step-by-step guide to the popular financing programs available in the country today. Important Topics Covered The loan application process, Loan underwriting standards, FHA loans, VA loans, Seller financing, Fair lending, and Predatory lending. It explains the lending process in detail, from the loan application to qualifying standards to closing requirements. The various programs are presented in plain English, with liberal use of examples, exercises (with Answers), Sample Forms and worksheets. Case Studies help you compare the advantages and disadvantages of different loan programs.
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