This intermediate course dives deep into borrowing related to your home covering topics like FHA Mortgage, Home Equity Loan, HELOC, Foreclosure and more.
This course aligns with the ‘Credit & Debt’ module of the Jump$tart National Standards in K-12 Personal Finance Education.
At the end of this course, you will be able to:
- Explain the difference between a regular mortgage and an FHA mortgage
- Describe how Home Equity Loan and HELOC work
- Understand foreclosure and how it can be prevented