📝 Episode Description

This episode completes the Financing section of the Alabama Real Estate Exam prep series. It focuses on discount points, private mortgage insurance (PMI), FHA vs. VA loan details, amortization, PITI, balloon mortgages, adjustable-rate loans, and key financing clauses that frequently appear as exam traps.

Presented in a fast-paced Q&A format, this set reinforces the most tested financing concepts and helps you confidently handle calculation and terminology questions under PSI exam conditions.

Ideal for final financing review before moving into Closings and Settlement topics.