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GRI 108: Finance in Real Estate

january, 2019

22jan1:00 pm5:00 pmGRI 108: Finance in Real Estate1:00 pm - 5:00 pm MST South Metro Denver REALTOR® Association

Event Details

Description: A key part of the real estate transaction is financing. In general, financing addresses the ways in which people, businesses, and organizations allocate and use monetary resources. Being aware of the latest developments in finance; helps to clarify the economic status and affordability of the real estate market for clients. Understanding the fundamentals of mortgage finance is a key to a successful real estate sales business foundation and delivering invaluable services to consumers. This course will provide participants with a better understanding of real estate finance.

Learning Objectives:

  • Describe how the primary and secondary (including GSEs) mortgage markets and entities operate.
  • Demonstrate knowledge of the requirements and rules regarding VA loans, FHA-insured loans, and various conventional loan types.
  • Perform basic calculations for fixed and adjustable-rate mortgages to include qualifying ratios, down payment, monthly payment, PMI, principal, interest, MIP and discount points.
  • Determine when a client should be referred elsewhere for professional lending advice and processing.
  • Describe the requirements and processes of a reverse annuity mortgage.
  • Prepare a client for the three stages of the mortgage loan process.
  • Demonstrate a working knowledge of the credit scoring system.
  • Discover potentially fraudulent mortgage activity

Mike Moger has been listing and selling real estate for over 40 years, the last twenty-four along the Front Range region of Colorado. In 2016, Mike attained the REALTOR® Emeritus Status from NAR, recognizing 40 years as a REALTOR®. Specializing in residential homes and investments, he has represented sellers and buyers of real estate in all price ranges, mostly in the eastern half of the state from Colorado Springs to Fort Collins and into the mountains.


SMDRA Member Price: $50
All Others: $50
Refreshments provided by SMDRA Business Member:

Desiree Banka with North American Title Company



(Tuesday) 1:00 pm - 5:00 pm MST


South Metro Denver REALTOR® Association

6436 South Racine Circle