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Understanding Credit Reports ( 7.5 Hours ) M -
6740
To a great extent, the Real Estate Industry
is one of the sturdiest pillars of our national economy and national
wealth. Without the accessibility of Mortgage Financing the purchase
and sale of Real Estate would grind to a halt.
One of the absolute determining factors of who is granted Real Estate
financing, and just as importantly at what interest rate, is an
individual’s credit rating. Over the years there has been
a steady move to a more systematic, automated and scientifically
objective evaluation of a borrowers credit worthiness / risk ratio
on mortgage applications. This 7.5 Hour module will examine Credit Scores, that specific area of RE Finance that is as essential as it is mysterious to the Majority of Real Estate agents and their customers.
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