The Mortgage Process for Real Estate Agents

Understand the mortgage process and learn key lending steps and loan options to help buyers navigate financing with confidence. The Mortgage Process for Real Estate Agents, 0013 is a Louisiana Real Estate Commission approved continuing education class worth 2 hours of credit upon completion. Learning Objectives: • The real estate agent will explain the mortgage loan process from pre-approval application through closing and funding. • The real estate agent will identify the different loan products available to homebuyers, including conventional, FHA, VA, USDA, jumbo, and brokered loan options. • The real estate agent will describe the borrower's qualification factors evaluated during the mortgage process, including credit, income, employment, and asset documentation. • The real estate agent will recognize the role of down payment assistance programs, including those available to first responders, nurses, and teachers, in expanding homeownership opportunities for clients. • The real estate agent will apply best practices for communicating with lending partners, including fast document turnaround and awareness of the closing timeline, to help reduce contract fallout and improve transaction outcomes. Download the Class Student Materials Vendor EDU.9122-EDVN | Certified by the LREC RSVP on Facebook