As stated in the class syllabus, this for Real Estate Finance will consist of ten (10) essay questions that will need to
Posted: Mon May 30, 2022 5:15 pm
As stated in the class syllabus, this for Real Estate Finance
will consist of ten (10) essay questions that will need to be
answered in writing. Please type out your responses in a word
document format or pdf and post on the class Canvas module by June
4, 2022. No hand-written papers.
Each response to each question will require one or two well
written paragraphs with approximately 130 – 150 words written in
order to answer each question. Therefore, to answer all 10
questions, you should be writing 1,300 to 1,500 words. Please
provide detailed responses to each question and even give an
example for each response.
You must write this in your own, copying and pasting from other
sources such as the Internet will not be tolerated, you will fail
this fail if you plagiarize work, it must be your own
writing. Short quick 25 word responses will not be
accepted, you need to write 130 - 150 words per question, provide
examples to help strengthen your
responses. Please Note:
Once your assignment is submitted and graded, the grade will be
final, no re-submissions will be allowed.
3 Define the following: Trustor,
Trustee, Mortgagor, Mortgagee, Grantor, Grantee, Optionor,
Optionee, Vendor and Vendee.
4. Describe in detail what is meant by the Secondary Mortgage
Market, who are the participants and what do they do?
5. Describe what is meant by the Primary
Mortgage Market, who are the participants, both direct and indirect
and what do they do?
6. Name some reasons why a buyer and seller of
real property would agree to utilize seller financing to fund the
loan versus a traditional lender?
7. Define what ‘Credit Scoring’ is and give
several examples of what a person with outstanding credit has done
to keep their credit score very high.
8. What is the difference between a loan
processor and a loan underwriter, what are their duties and
responsibilities to the lender?
9. What are the supporting documents that
lenders want a borrower to provide along with their Uniform
Residential Loan Application in order to qualify for a home loan?
What are the reasons the lenders want these supporting
documents?
10. You are a practicing, licensed real estate agent
representing a first time buyer. Your buyer wants to know the
difference between the following types of loans in order to help
them make a decision: Fixed rate loan or adjustable rate loan,
using a conventional lender or an FHA lender. Name some advantages
and disadvantages of each as if you are responding to a future
client.
will consist of ten (10) essay questions that will need to be
answered in writing. Please type out your responses in a word
document format or pdf and post on the class Canvas module by June
4, 2022. No hand-written papers.
Each response to each question will require one or two well
written paragraphs with approximately 130 – 150 words written in
order to answer each question. Therefore, to answer all 10
questions, you should be writing 1,300 to 1,500 words. Please
provide detailed responses to each question and even give an
example for each response.
You must write this in your own, copying and pasting from other
sources such as the Internet will not be tolerated, you will fail
this fail if you plagiarize work, it must be your own
writing. Short quick 25 word responses will not be
accepted, you need to write 130 - 150 words per question, provide
examples to help strengthen your
responses. Please Note:
Once your assignment is submitted and graded, the grade will be
final, no re-submissions will be allowed.
3 Define the following: Trustor,
Trustee, Mortgagor, Mortgagee, Grantor, Grantee, Optionor,
Optionee, Vendor and Vendee.
4. Describe in detail what is meant by the Secondary Mortgage
Market, who are the participants and what do they do?
5. Describe what is meant by the Primary
Mortgage Market, who are the participants, both direct and indirect
and what do they do?
6. Name some reasons why a buyer and seller of
real property would agree to utilize seller financing to fund the
loan versus a traditional lender?
7. Define what ‘Credit Scoring’ is and give
several examples of what a person with outstanding credit has done
to keep their credit score very high.
8. What is the difference between a loan
processor and a loan underwriter, what are their duties and
responsibilities to the lender?
9. What are the supporting documents that
lenders want a borrower to provide along with their Uniform
Residential Loan Application in order to qualify for a home loan?
What are the reasons the lenders want these supporting
documents?
10. You are a practicing, licensed real estate agent
representing a first time buyer. Your buyer wants to know the
difference between the following types of loans in order to help
them make a decision: Fixed rate loan or adjustable rate loan,
using a conventional lender or an FHA lender. Name some advantages
and disadvantages of each as if you are responding to a future
client.