3 Continuing Education Hours
Conventional, FHA, VA, USDA…What are these loans and how do they affect the buyer or seller?
What are the myths and facts surrounding these loan types?
This course will explore the most common types of loans used in real estate financing along with how assumptions, points and buydowns can increase affordability for buyers in a higher interest environment. Renovation and Multi-unit Loans will also be discussed. Seller financing techniques such as land contracts and purchase money mortgages will be discussed as well. Learn how a lender uses qualifying ratios and other qualification factors and how to compute the approximate loan payment.
ADA requirements: If you have any disabilities that require special accommodations, please identify those needs with Chief Operations Officer Kim McCoy at 630.324.8462 or Kim@MainstreetREALTORS.com
Instructor
Annette Panzek
ABR, CNC, GRI, SFR, SRSAnnette Panzek has been a REALTOR® for more than 31 years with experience in residential sales, including short sales & REO properties, and experience in property management & light commercial property. She is a licensed real estate continuing education & pre-license instructor and holds several designations including ABR, CNC, GRI, SFR, and SRS. She is a...
Annette Panzek has been a REALTOR® for more than 31 years with experience in residential sales, including short sales & REO properties, and experience in property management & light commercial property. She is a licensed real estate continuing education & pre-license instructor and holds several designations including ABR, CNC, GRI, SFR, and SRS. She is a Member of the Professional Standards Committee and Chairperson of the Broker/Lawyer Committee. She has also been involved with Illinois Realtors on several committees & working groups throughout the years. She is an active Broker & Trainer for EXIT Realty Redefined in Wheaton.