Mortgage Math - Chapter 7: Repayment Options


In this module, students will gain a greater understanding of the different payment options typically available to their clients. The forms of payment that are covered are weekly payments, accelerated weekly payments and bi-weekly payments. Prepayments and prepayment penalties will also be discussed as they provide a unique way for borrowers to get out of their mortgage faster. Finally, this module will discuss the concept of Interest Differential, and why some lenders offer Blend and Extend options.


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Duration: 20 minutes

Level: Intermediate

Price: $49.00