Interested in applied math? Enjoy business? Want to make a lot of money? Then this program is for you. Whether you are imagining a side hustle flipping homes, renting out a property as an AirBnB, or considering becoming a mortgage loan officer, luxury home builder, or real estate investment trust analyst (all lucrative options!), you will learn what it takes to get you there. This program will be brought to life with a series of hands-on activities such as conducting an appraisal of an actual home on the market, filling out a residential loan application, and constructing an amortization table. Students will go out into the field, visiting luxury properties and commercial buildings. Important guest lecturers such as real estate agents and builders will be featured, as well. Here is a day-by-day, up close look at what we will cover. 

First we’ll begin with the essential base knowledge you need to know. What does it mean to be pre-qualified for a loan? What does the loan process look like? You’ll learn crucial terminology such as purchase and sale agreement, and you’ll learn how a sale is closed. Students will complete their own appraisal and analyze the current market with a new ability to read the direction the market is heading in.

Next we will focus on lucrative careers in banking and real estate. Successful Loan Officers make well into the six figures. What do you need to know in these fields? You’ll learn about amortization rates, appraisals, and how to safely make a deal. How do you determine a down payment? What are the terms of a loan – is it a 15 year fixed loan, for example? How are these loans calculated? What is an ARM loan? A home equity loan? How is all of this done by the bank?