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Pass the exam on your 1st try! Get our exam prep and exam crash course: https://www.carealtytraining.com/licensing/exam-prep-crash-course
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Chapters:
00:00 – Finance terminology
00:16 – What is a beneficiary?
01:00 – What is equity in real estate?
01:46 – What doe FHA mean?
03:50 – What is a lien in real estate?
04:45 – What is a mechanic’s lien?
05:10 – What is an acceleration clause?
06:30 – What does underwriting mean?
08:10 – What does hypothecation mean?
09:28 – What is the debt-to-income ratio?
10:34 – What is a fixed-rate loan?
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