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Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Commercial Mortgage Fundamentals Class (4-Credit Hours)

Commercial Mortgage Fundamentals

Price: $69.00

Credit Hours: 4

Key Points:

There is not always a right or wrong answer. Rather, the answer depends on the many nuances in financing commercial transactions!

When a commercial property owner lists their property for sales and the buyer submits a purchase offer, the pre-qualification is different than applying for a residential mortgage.  In a residential mortgage, the lender can pre-qualify a borrower based on their personal income and credit.  In a commercial loan, the lender can give a rough estimate based on property type, loan-to-value ratio and net operating income.

This course will give the basic understanding of commercial real estate financing and general metrics used by lenders.

Topics Include:

  • Types of Lenders
  • Types of Loans
  • Key Commercial Mortgage Metrics
  • Rates
  • Prepayment Penalties
  • Loan Applications/Submissions

This course is a core elective.