LATTC Catalog - Course Descriptions for Year 2005
MORTGAGE FINANCE
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44 Applied Computations


Lecture, 2 Hours

Transferability: ( CSU )


This course teaches applied computations skills as they are used in the mortgage finance industry.Students will learn to calculate income,expenses & monthly mortgage payments.Students will learn percentage & ratio computations to determine loan-to-value,debt service & qualifying calculations for loan underwriting.Students will solve mortgage processing,underwrting & funding problems.