Friday, July 23, 2010

Next Bethpage Class - August 12th Mortgage Mania

Real Estate School Registration

Don't forget to register for Mortgage Mania at Bethpage Federal Credit Union on August 12th.

Mortgage Mania - 3 Hours
Instructors - Andrew Lieb, Esq., MPH and Karen Laurence (Mortgage Loan Officer at BFCU)

Summary: It’s time to learn the secrets in order to qualify for a mortgage. This seminar will begin with the basics, discussing everything from the definition of a mortgage to types of mortgages. You will learn who the players are at the bank and how their respective roles impact your deal. Mr. Lieb will discuss the differences between a prequalification and a commitment and how to close your deal smoothly under the Real Estate Settlement Procedures Act. Mrs. Laurence will share secrets that occur behind the scenes at the banks and let you know how to navigate through issues with credit scores. This course will enable you to weed-out high-risk clients and to advise average credit score clients on structuring their applications to get approved. Let’s prevent mortgage contingency clauses from killing our deals.