Course Detail
Units:
3.0
Course Components:
Lecture
Enrollment Information
Enrollment Requirement:
Prerequisite: FINAN 4740.
Description
This class will prepare the student to function as a residential loan officer in Utah with all the underwriting, processing, packaging skills needed to compete in this industry. The student will learn general real estate principles, contract law, Real Estate Purchase Contract, consumer protection laws and regulations, the general philosophy of lending, specific loan packaging and underwriting skills, secondary market knowledge, understanding of loan types, and specific state of Utah law and regulations that apply to loan originators. This class qualifies as hours of pre-license education required by the State of Utah in order to take the license exam.