Back to All Events

Pre-License 11 of 15

  • P.A.S.S. Real Estate School 809 Shoney Drive Southwest Ste 108 Huntsville, AL, 35801 United States (map)

Lender Requirements & Federal Financing Regulations

On the eleventh day, we explore the complexities of lender requirements and the critical federal regulations governing financing:

  • Lender Requirements: Dive into the criteria lenders use to assess borrower eligibility and loan security. Learn about the documentation required for loan applications, the importance of credit scores, and other factors that influence lending decisions. Understand the due diligence process that lenders undertake to mitigate risks.

  • Federal Financing Regulations: Get acquainted with key federal laws and regulations that impact real estate financing. These include the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), the Fair Housing Act, and others. Discuss how these regulations protect consumers and shape the financing landscape in real estate transactions.

Course Schedule:

  • Days: Mondays and Wednesdays

  • Times: Choose between morning sessions from 9:00 AM to 1:00 PM or evening sessions from 5:30 PM to 9:30 PM.

Previous
November 5

Pre Day 4 of 12 - Real Property and Land Use Controls
Next
November 10

Pre Day 5 of 12 - Forms of Ownership / Transfer and Recording of Title