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      🗓️ Recorded: 7/24/2025
      ⏱️ Est. Time: 75 mins
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      Loan Products Overview

      The video provides a training session that reviews different product categories and aims to simplify the often-confusing process of choosing the right loan product for a borrower. The key focus is on an overall view of the main product types and the key benefits of each.

      What this session covers:

       
      Agency Loans (QM) Overview of government and conventional loans, which follow QM guidelines.
       
      Conventional/Conforming Loans The preferred loan type, offering the best rates and lowest rates for fixed products.
       
      Government Loans (FHA, VA, USDA) In-depth look at FHA, VA, and USDA options for borrowers with specific eligibility or qualification needs.
       
      Jumbo Loans Discussing loans that exceed high balance limits, categorized as QM (full doc) or non-QM (alt doc).
       
      Non-QM Products (DSCR, Bank Statement) Exploring alternatives like DSCR for investors and bank statement loans for self-employed individuals who do not qualify for conventional loans.
       
      Specialty Products (Renovation, Hard Money, Reverse) Review of less common, specialized loans such as renovation, fix and flip, and reverse mortgages.