National Residential Mortgage Loan Originator
CATEGORY: Non-traditional Products

Other Non-traditional Products

Course Access: Lifetime
Course Overview


  1. Interest
    Only Loans

    1. Participation Plans
  2. Negative
    Amortization Loans
  3. Other
    ARM Provisions
  4. Structured
  5. Reverse
  6. Construction

Learning Objectives

  1.       Demonstrate knowledge of interest only loans
  2.       Identify characteristics of negative
    amortization loans
  3.       Identify and define other provisions of ARMS
  4.       Understand other type of loans       
  5.       Learn calculations for ARM interest rate and
    payment adjustments
  6.       Understand how consumers can be harmed by

Teaching Methods:  

PowerPoints, Video PowerPoint Presentation and Optional Quiz

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