[Georgia Real Estate] 38, Loan Types and Borrower Qualification

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • Differences between conventional loans and government-backed programs like FHA, VA, and USDA • How lenders calculate front-end housing expense ratios and back-end total debt ratios • The role of PITI, credit score, and private mortgage insurance in borrower qualification • Georgia's security deed framework versus national mortgage underwriting principles • How to identify exam traps involving partial debt qualification calculations For independent study materials, visit https://open-exam-prep.com/practice/ga-real-estate and watch video lessons at https://www.youtube.com/@Open-exam-prep . Sources checked: September 14, 2026 https://www.consumerfinance.gov/ https://www.hud.gov/