EARN COLLEGE CREDIT FOR ONLY $20
A CREDIT WITH LAWSHELF!

LawShelf courses have been evaluated and recommended for college credit by the National College Credit Recommendation Service (NCCRS), and may be transferred to over 1,500 colleges and universities.

We also have established a growing list of partner colleges that guarantee LawShelf credit transfers, including Excelsior College, Thomas Edison State University, University of Maryland Global Campus, Purdue University Global, and Southern New Hampshire University.

Purchase a course multi-pack for yourself or a friend and save up to 50%!
5-COURSE
MULTI-PACK -
$180
10-COURSE
MULTI-PACK -
$300

Residential Mortgages



Welcome to Lawshelf’s video-course on residential mortgages. This course covers the concepts, documents and regulations that are important to transactions wherein land is used to secure a purchase loan. It discusses disclosures, document execution, closing procedure, consumer protection laws, default and foreclosure. This is an intermediate-level course and it is recommended that the viewer take LawShelf’s course entitled “Real Estate Transactions” before this one.

The course begins with the mortgage application process, including steps buyers should take to prepare themselves for the mortgage application process. We’ll also look at common mortgage features, including those of various types of mortgages, such as fixed-rate, adjustable-rate and balloon-payment mortgages. We’ll also look at second mortgages and home equity loans.



Image

Common Real Estate Finance Methods - Module 1 of 5


Image

Mortgage Execution: Recording Requirements, Documentation, and Closing Procedures - Module 2 of 5


Image

Consumer Protection and Equal Opportunity in Real Estate Lending - Module 3 of 5


Image

The Subprime Mortgage Crisis: Causes and Lessons Learned-Module 4 of 5


Image

Mortgage Default and Foreclosure-Module 5 of 5


Final Exam only needs to be taken by those seeking to earn the Digital Badge credentials for this course.