Utah Residential Finance 3 CE Hours

Understand how your clients are buying, and be the agent who actually helps them. Most buyers find mortgage financing confusing — and if their agent is equally lost, that's a problem. This 3-hour elective demystifies the residential lending process: loan types, qualification criteria, the path from pre-approval to closing, and what brokers need to know to guide clients confidently through the financial side of the biggest purchase of their lives. What You'll Learn: • Types of residential mortgage loans — conventional, FHA, VA, USDA, jumbo • How lenders qualify borrowers: credit scores, income, debt-to-income ratios • Fixed vs. adjustable rate mortgages — pros, cons, and when each fits • The mortgage process from application to closing — who does what and when • The role of the loan officer and how agents and lenders can work better together • Common financing contingencies and how they affect the transaction timeline