Course Overview
This course builds on the fundamentals gained in MKTG 3313, and enables you to achieve greater competence with the skills involved in advanced mortgage finance and investment cashflow techniques. The economic environment of the mortgage market and the practical administration of mortgage loans are also examined in this course. Topics include: (1) Capital Markets, (2) Residential and Commercial Mortgage Underwriting, (3) Mortgage Administration, (4) Refinancing, (5) Appraisal, and (6) Development Lending.
Prerequisite(s)
- 50% in MKTG 3313
Credits
5.5
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion, the student will be able to:
- Describe the Canadian capital market structure as it applies to the mortgage market.
- Describe the participants in the Canadian mortgage market and the roles they play.
- Describe the participation of the Federal Government in the mortgage market.
- Explain the features of and the roles/responsibilities of all parties to a mortgage contract.
- Perform the underwriting function of a mortgage loan, both commercial and residential.
- Administer a mortgage loan, including all required calculations.
- Analyze the mortgage form, the sale/leaseback form, plus other methods of financing.
Effective as of Spring/Summer 2010
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.