All of the various forms of residential real estate financing, including conventional, FHA, VA, loan assumptions, purchase money mortgages, and alternative financing are explained in this course.  Lessons are also included on legislation relating to financing.

TIME	CONTENT		LEARNING OBJECTIVES After this segment, the student will be able to:
100 min	Conventional loans		Calculate conventional loan amounts and down payments, understand mortgage insurance requirements and calculations, as well as know the major characteristics of conventional loans and the use of appraisals for such.
30 min	FHA loans		Understand and demonstrate knowledge of the roll and function of the FHA and loan programs as well as the FHA loan characteristics and the use of appraisal.
70 min	VA loans		Understand and demonstrate knowledge of the role and function of the VA as well as the loan characteristics and aspects of appraisal for such.
40 min	Loan assumptions		Identify different types of assumptions, know how to obtain loan information and understand situations in which to consider an assumption, lender requirements and possible advantages and disadvantages.
30 min	Purchase money mortgages		Define purchase money mortgages and have demonstrated understanding of when they should be used and factors involved in their negotiation.
60 min	Alternative financing		Demonstrate understanding of the role of alternative financing, its definition, and the need for legal advice before its use, how to use effectively, different types, and additional sources of alternative financing.
30 min	Legislation relating to financing		Exhibit understanding of the Consumer Credit Protection Act and the Real Estate Settlement Procedures Act (RESPA).