Other Non-Traditional Products
Outline Interest Only Loans Participation Plans Negative Amortization Loans Other ARM Provisions Structured Mortgages Reverse Mortgages Construction Financing Learning Objectives Demonstrate knowledge of interest only loans Identify characteristics of negative amortization loans Identify and define other provisions of ARMS Understand other type of loans Learn calculations for ARM interest rate and payment adjustments Understand how consumers can be harmed by products Teaching Methods: PowerPoints, Video PowerPoint Presentation and Optional Quiz
Overview
Outline
- Interest Only Loans
- Participation Plans
- Negative Amortization Loans
- Other ARM Provisions
- Structured Mortgages
- Reverse Mortgages
- Construction Financing
Learning Objectives
- Demonstrate knowledge of interest only loans
- Identify characteristics of negative amortization loans
- Identify and define other provisions of ARMS
- Understand other type of loans
- Learn calculations for ARM interest rate and payment adjustments
- Understand how consumers can be harmed by products
Teaching Methods:
PowerPoints, Video PowerPoint Presentation and Optional Quiz