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.
Understanding Down Payment Assistance D.O. discusses with the class the basics of DPA, the history of DPA, and as an originator - which DPA programs he would work with and…
Understanding and Explaining Closing Costs First, you need to understand closing costs. Second you need to be able to example closing costs. Third, you should be so proficient that you…
We Aren’t CPAs or The Tax Police Hear D.O. share real world stories on working with borrowers with all types of income, accounting practices and some of which are shady.…
Understanding Income Tax D.O. starts off discussing capital gains tax events for when homeowners sell their primary or investment home. He then drops some serious knowledge on the myth vs.…
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…
Understanding Tax Returns and Qualifying Income If you don’t take the time to understand how to properly read a US tax return, then you’ll never fully understand how to properly…