Lecture 46: Real Estate Loans and Settlement Process

Date & Time: Thursday February 9, 2012 – 7:30 PM

Location: Montgomery Community College (Rockville Campus) – Humanity Building (HU), Conference Room 009 ( Get Directions, Campus Map )

Speakers of this month: Attorney Joseph Hansen of RGS Title & Ray Wolff of Corridor Mortgage

Synopsis of the talk from Joseph Hansen:

The title company is a vital part of the home-buying and settlement process. The purpose of this lecture is to provide an introduction into the steps of this process, particularly addressing what a title company does and how it assists the buyers, sellers, agents and mortgage companies in conducting a smooth transaction. A brief overview of the real estate contract and HUD-1 Settlement Statement will be provided.

About Joseph Hansen:


Joseph Hansen joined RGS Title in March of 2011. He is a dual graduate of The Catholic University of America, obtaining his bachelor’s degree in Politics in 2001 and his J.D. in 2008. Prior to joining RGS, Joe worked as a litigation associate in a firm in Annapolis and previously served as a judicial law clerk in Frederick, Maryland upon graduating law school. His varied background includes previous settlement experience as well as local and federal government work. He currently resides in Rockville where he serves on the Rockville Historic District Commission.

Synopsis of the talk from Ray Wolff:

Opening the doors to your future with home ownership and responsible mortgage solutions. This will be a presentation of what the current mortgage process and programs look like today. What the borrower can expect when applying for a mortgage and what the process will entail. I will be going over the mortgage process, will included information on owner occupied loans, Investor loans and opportunities and touch a little on construction loans and commercial loans for an investor. Also addressing the Self Employed borrower and what the differences are for them.

About Ray Wolff:


Raymond Wolff has over 30 years of real estate experience in the Washington DC area, both in the residential and commercial field. Has also additional 25 years of retailing business ownership experience and was a graduate of American University Business School of Finance and Accounting.

Fee (including dinner): $5 Students, $15 Public

RSVP: Please click here to RSVP for dinner.

Majid Fotuhi