OUL Financial Literacy Series: Mortgage Math

October 21
Mortgage Math (Fairfield Federal Savings and Loan)

Most people who buy a home today do not have enough cash to pay the entire purchase price.  In this class, attendees will learn about the types of mortgage loans widely available,  the mortgage loan underwriting process, and the break-down of a mortgage loan payment including escrows.  Attendees will review an actual mortgage document and learn the purpose it serves.