Mortgage Calculations/Qualifying Borrowers

  • Presenter(s): Douglas Vairo
  • Session Length: 180 minutes
  • Date: Dec 11, 2024
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Correctly qualifying borrowers has always been a challenge for real estate agents. Since schools do not offer specific classes on proper methods the agents and loan officers are now at the mercy of learning as they go. Because the real estate agent relies in many cases on the borrower's loan being approved, it is in everyone's best interest if an agent had a deeper understanding of what the mortgage loan officer is asking their customer.

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Correctly qualifying borrowers has always been a challenge for real estate agents. Since schools do not offer specific classes on proper methods the agents and loan officers are now at the mercy of learning as they go. Because the real estate agent relies in many cases on the borrower's loan being approved, it is in everyone's best interest if an agent had a deeper understanding of what the mortgage loan officer is asking their customer.

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