3rd TUESDAY 9:00am
Event Location Administrator Event Duration
Sales Class 14 Queens Dr. Conrad Richards 3.75hr



Chapter 14 – Mortgage Basics

  • Types of mortgages and their particular uses.

  • Typical legal clauses found in mortgages.

  • The process of judicial foreclosure and the equitableright of redemption.

  • Lending regulations designed to protect borrowers.

  • What information is required on a loan application.

  • Qualifying standards for conventional, FHA-insured, andVA-guaranteed loans.

  • The difference between a mortgage banker and a mortgagebroker.

  • What the responsibilities of a mortgage broker are.

  • The state registration requirements for mortgagebrokers.

  • New York requirements for dual agency disclosure.

Dr. Conrad Richards, MBA, PhD., 

TRAINING CONSULTANT 

Training Consultant and Industry Coach, engages in real estate training, learning and development, career development, and leadership development. Targeting pre-licensing candidates, real estate brokerage management training for brokers, real estate continuing education for continuing licensed candidates to fulfill licensure requirements, and corporate brokerage training for employees and agents. Conrad uses over 15 years of vocational instructional leadership to hundreds of real estate candidates and licensed professionals, and corporate brokerage firms in the heart of NYC. Provide professional development services to assist real estate professionals in knowledge competencies, career development, and organizational development to ensure the retention of organizational knowledge, ethical compliance, and sales performance improvements.