Real Estate Finance

This show continued the discussion of Seller Financing/Creative Financing Programs. The types of financing programs discussed were land contracts, lease options, exchanges, and equity sharing agreements. Again, there was a great emphasis placed on the fact that real estate salespersons and brokers need to make sure that their clients fully understand the advantages, disadvantages and potential liabilities of these types of financing programs.

This show provided an Overview of The Loan Process including shopping for a loan, filling out the loan application and which documents to bring to the lender when applying for a loan.

This show provided an Overview of Escrow Procedures. There was also a demonstration of the Financial Title Insurance Company we site which covers the loan process and escrow procedures.

This show began with an introduction to Government Loan Programs. The four broad areas of government loan programs e.g. FHA, VA, Cal Vet and other special purpose programs were discussed. The majority of the lecture covered the various FHA home loan programs e.g. 203b, 251, 203k and the role of Mutual Mortgage Insurance. Also, there was a short demonstration of the FHA "Nine steps to buying a home" portion of their web site.

This show continued by completing the lecture on the Cal Vet home loan program. Topics covered included Eligibility Requirements, fees, interest rates and how Mortgage Brokers can originate Cal Vet loans. Also, there was a demonstration of the Cal Vet web site that contained an overview of the materials on the web site. The last part of the show covered State-Sponsored Home loan programs which address first time buyers programs and people needing down payment assistance. Finally, there was a discussion of the services that the Sacramento Home Loan Counseling Center provides for low income home buyers and assistance for people that need to repair their credit.