Overview of Real Estate Finance

Four different types of Real Estate Finance Jobs:

1. Residential Mortgage Loan Officer- deal with residential mortgage loans
2. Residential and Commercial Development Finance- research local trends and financing for developers and development lenders
3. Corporate Real Estate Management- control the real estate of large corporations for investments and corporate use
4. Investment Analyst- assess, review, and create financial reports on a company's real estate portfolio and investment

Here is a link to a website that explains these Real Estate Finance Jobs in more depth. Careers in Real Estate Finance.  The biggest job in real estate finance is mortgages, whether it be for residential, commercial, or large developments. Mortgage companies either have specialty consumers, for example, strictly commercial mortgage loans, or they have a broad range of loans that they provide. 

There will always be a need for real estate finance, but the rate at which the careers will grow is uncertain.  Real Estate owners will always need financing when it comes to renovations or purchasing new property.  The only thing that I think will decrease the mortgage industry is too much government regulation to where it is too difficult to keep up with the procedures or if we go into a deep depression. 

Local Real Estate Finance Firms:

• Round Point Mortgage
• New American Funding
• TXL Mortgage
• Silver Mortgage
• Cornerstone Mortgage

Foreclosures are a big consideration for real estate finance companies.  When they are reviewing loan applications they need to calculate how big the risk of a foreclosure will be.  The higher the risk the more interest they will make the applicant pay.  When a person that receives the mortgage fails to make the monthly payments the property will soon end in foreclosure.  The lender will put the real estate up for sale at a reduced price.  This reduced price will cover what is left to be paid back on the loan plus interest, taxes, and other fees associated with transfer of title.