Understanding mortgages

The course explains why and how mortgages can be actively managed by borrowers through such options as overpaying, offsetting and remortgaging. The course also examines the mortgages from the viewpoint of the lenders, including the factors that affect their decisions about making mortgage advances. By completing the course you will not only become more knowledgeable about the mortgage market but also more confident about making smart decisions about one of the most important areas of personal finance.

Course learning outcomes

After studying this course, you should be able to:

• understand how banks and other lenders like building societies make decisions about providing mortgages
• know the different types of mortgage products available and the interest rates that apply to them
• know the benefits in proactively managing your mortgage – for example by periodically moving from one product to another
• understand the various costs involved in buying property
• know the risks involved in having a mortgage and how to manage these.

Learning outcomes

After studying this course, you should:

• be able to understand how banks and other lenders like building societies make decisions about providing mortgage
• know the different types of mortgage products available and the interest rates that apply to them
• know the benefits in proactively managing your mortgage – for example by periodically moving from one product to another
• be able to understand the various costs involved in buying property
• know the risks involved in having a mortgage and how to manage these.

This training program is suitable for professional who wishes to start property or real estate business and working in the financial sector dealing mortgages. You can start this training today and building your career in real estate or financial mortgage advisor.