Wednesday, February 22, 2017
12:00 PM-1:00 PM
Sky View Room, 6th floor of MacAlister, Registration required
This workshop will provide participants
with an understanding of the basic components of the mortgage lending process,
how the condition of the economy impacts the mortgage market, Conventional vs.
FHA loans, the importance of credit scoring and its impact on the cost of your
mortgage. Participants will also learn about the mortgage pre-approval program,
the Franklin Mint Federal Credit Union’s unique 3/2 ARM portfolio program,
documentation requirements, acceptable sources of funds to close a loan and the
benefits of a Franklin Mint Federal Credit Union (FMFCU) mortgage. To round out
the workshop we introduce you to a member benefit – CU Realty.