Mortgage Financing

Course ID:
FINC 613

Program:
M.Sc. and Professional Diploma in Banking and Finance (MBF)

Level:
Post graduate

Semester:

Credit:
3 Cr. Hrs.

Description

Prerequisite: FINC 601 or consent of the instructor

The course covers debt financing for residential and commercial real estate properties. Topics covered include mortgage loan processing, interest-only mortgages, reverse mortgages, government-backed loans, mortgage-backed securities, flat rate of interest, effective rate of interest, annuities, yield rates, amortization, rescheduling, sinking funds, duration, and assets-liabilities management.