
CATEGORY:
Non-traditional Products
Other Non-traditional Products
Course Access: Lifetime
Course 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