D.O. teaches the class how to understand and calculate closing costs on a purchase transaction. Because this was taught to originators in Florida - in encompasses some Florida specifics.
There are three reasons why someone would refi. Not every refinance will make sense. Market conditions, for many homeowners, dictate whether or not it's valuable or not. Tune in as…
FHA Calculations, Further Explained. In this video, D.O. starts with a $300k purchase price and walks the class through factoring down payment, base loan amount, total loan amount and MMI…
Calculating FHA Payments The calculation of an FHA payment can be tricky because it has monthly and up-front mortgage insurance. An FHA mortgage also has a base loan amount and…