Confused about Fannie Mae, Freddie Mac, Ginnie Mae, FHA, PMI, or ARMs? You’re not alone! Most students fail the real estate exam loan section because they don’t have a simple system for remembering all the different loan types.
In this video, licensed real estate instructor Maggie Relloso (@JustCallMaggie) breaks down everything you need to know about conventional loans, government loans (FHA, VA, USDA), ARMs, and the primary vs. secondary mortgage markets; with easy examples you’ll never forget.
By the end, you’ll understand:
• The difference between primary vs. secondary markets
• What Fannie Mae, Freddie Mac, and Ginnie Mae actually do
• How to remember PMI vs. MIP
• Key facts about FHA, VA, and USDA loans
• How Adjustable-Rate Mortgages (ARMs) really work
• And the exact exam shortcuts to lock this in for test day
💡 Whether you’re just starting to study or about to take your exam, this lesson will give you the loan mastery you need to pass with confidence.
👉 For full lessons, 650+ practice questions, flashcards, study plans, and live Q&As with me, visit https://www.PrepOnCall.com. Turn your stress into success!
⏱ Video Timeline
00:00 – Intro: Why loans confuse most exam takers
01:04 – How mortgage lending works (Primary vs. Secondary markets)
03:14 – Fannie Mae, Freddie Mac, and Ginnie Mae explained
06:46 – Exam practice questions (Secondary Market & Agencies)
07:37 – Introduction to Prep On Call
08:46 – Conventional loans explained + PMI vs. MIP
10:48 – Exam practice questions on conventional loans
13:15 – FHA loans: insurance, down payments, MIP
14:51 – VA loans: guarantees, military eligibility, no PMI
15:39 – USDA loans: rural focus, income & location limits
16:11 – Recap: FHA, VA, USDA in 60 seconds
16:55 – Adjustable-Rate Mortgages (ARMs): Index, Margin, Caps
18:50 – ARMs pros and cons for exam questions
19:28 – Lightning-fast recap of all loan types
20:34 – Call to action + What to watch next
🏡📚 Get your copy of THE REAL ESTATE POWER TRIO: MATH & VOCABULARY MASTERY here (This is a digital product and no physical product will be shipped): https://justcallmaggie.com/product/the-real-estate-power-trio-math-vocabulary-mastery/
✨ WANT TO GET A REAL ESTATE LICENSE?
Start here: https://justcallmaggie.theceshop.com
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#realestateexam #realestateexamprep
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38 Comments
@JustCallMaggie · October 6, 2026 at 5:48 pm
🚨 Loan questions are some of the trickiest on the Real Estate Exam… but you don’t have to stress.
👉 Rewatch this video before test day to lock in Fannie Mae, Freddie Mac, Ginnie Mae, FHA, VA, USDA, PMI, MIP, and ARMs.
👉 Then head over to PrepOnCall.com for:
✔ 650+ practice questions
✔ Flashcards + cheat sheets
✔ Video lessons on every topic
✔ Study timelines + live Q&As with me
💬 Drop your exam date in the comments so we can cheer you on — Future Agents don’t study alone here! 💪
#PassTheExam #FutureAgents #RealEstateExam
@premsingh-u7i2v · October 6, 2026 at 5:48 pm
Hi Maggie, I recently enrolled in ‘preponcall’ course. And I have passed my New Jersey Real Estate exam today. I am extremely thankful for the guidance and support I have received from your course. Your explanations have helped me understand the material much better and build confidence. Thank you so much for your help!!!.
@sunshineismert4787 · October 6, 2026 at 5:48 pm
Fantastic. I purchased an exam prep from a school local to my area. All the needed info is in the book, but it is so much reading and really dry. You make it all come to life and easy to understand! Thank you. I will be recommending your school to anyone and everyone that needs to prepare for their state’s real estate licensing exam.
@evalee7768 · October 6, 2026 at 5:48 pm
Yup
@MikaylaRamos-w5i · October 6, 2026 at 5:48 pm
Thank Youuuu so much Maggie!!! Your videos are so helpful!!
@tasselhoff555 · October 6, 2026 at 5:48 pm
Thanks for making easy to follow videos. I am working with a self-paced course, and your videos really help sum up the chapters.
@ObiWan-fj9qc · October 6, 2026 at 5:48 pm
Thank you so much. I'm so glad I found your page. Your great!
@LifeTasteSara · October 6, 2026 at 5:48 pm
I watched all of your videos and found them very helpful. However, I still didn’t pass the Washington and National portion of my real estate exam. 😔 I’m hoping you have some additional resources, tips, or details that I could study to help me prepare better for my next attempt. Thank you so much for all the work you put into your videos!
@eliserucker6189 · October 6, 2026 at 5:48 pm
Maggie!! Wisconsin here! I passed my exam on the FIRST TRY and it’s all thanks to your videos! Thank you thank you thank you!!
@cesarjaramillo8618 · October 6, 2026 at 5:48 pm
Anyone want to become my study buddy ?
@haydeeambriz8270 · October 6, 2026 at 5:48 pm
Thanks for the inf. You explain really nicely
@rohitmehta8996 · October 6, 2026 at 5:48 pm
Thank you Passed exam today
@anniecoffin5818 · October 6, 2026 at 5:48 pm
This video was extremely helpful!! Thank you!
@anntrisharamrattan7012 · October 6, 2026 at 5:48 pm
Yes
@greenleafbodyandfootmassag7075 · October 6, 2026 at 5:48 pm
I passed . Thank you Maggie . Your video very useful
@mariajosebonillagranda8143 · October 6, 2026 at 5:48 pm
Can you make a video about fair housing laws ? Please and thank you. Can you also make pt 2 of contracts and agency ? Pleaseee
@romeobartley1265 · October 6, 2026 at 5:48 pm
Just came here to comment I just passed my California real estate exam with huge thanks to just call Maggie❤❤
@KendallCJoy · October 6, 2026 at 5:48 pm
Maggie, I took my state exam today and guess what… I PASSED!! On my first try too! 🎉
You have truly mastered the trifecta of teaching. The way you break concepts down, then dive into the specifics, and finally tie everything together with simple, memorable strategies makes such a massive amount of real estate content feel manageable. I watched so many of your videos, and I genuinely attribute a huge part of my success to your teaching style.
Thank you so much for helping me get to this moment. I honestly couldn’t have done it without you, and I’m incredibly grateful for the impact you’ve had on my journey.
With Much Love and Gratitude, An Excited SC Agent ❤️
@joshconti1251 · October 6, 2026 at 5:48 pm
I just passed my Michigan real estate exam took me three times but we got it 1/17/2026 thank you so much for your knowledge.
@dedrickallen7733 · October 6, 2026 at 5:48 pm
Passed my exam!!! You have been such a great help!! Thanks Maggie!
@iselia_e · October 6, 2026 at 5:48 pm
Hi Maggie!! I just passed my Georgia real estate exam today! I’ve watched countless videos and I just wanted to thank you! Keep doing what you’re doing because you’re helping a lot of us! ❤
@Queen_nilah · October 6, 2026 at 5:48 pm
Exam date Jan 16th
@Almondiiee_Brown · October 6, 2026 at 5:48 pm
Thank you Maggie!!! I passed by National and State exam today!! 1st try ❤❤
@stephanietatum5536 · October 6, 2026 at 5:48 pm
I passed both my National and State exams today. Thank you very much Maggie for all the great videos. Keep up the great teaching ❤
@aman9l · October 6, 2026 at 5:48 pm
I finally passed. Thank you Maggie
@Mani-tw2gr · October 6, 2026 at 5:48 pm
Passed today🎉thank you
@Sandraaa10 · October 6, 2026 at 5:48 pm
Maggie you are great instructor … I learned more with you… thank you
@THEANDYAPP · October 6, 2026 at 5:48 pm
Very insightful Maggie! Are you open to partnering with Andy App to help Texas households deal with high property taxes and earn commissions at the same time?
@SsjMatt03 · October 6, 2026 at 5:48 pm
My exam is today I feel ready but then I don’t at the same time
@carloscorrales187 · October 6, 2026 at 5:48 pm
does anyone know of a discord or anything similar that is effective for studying ?
@PeteRampa-b8g · October 6, 2026 at 5:48 pm
Just passed!!! Thank you for the videos!
@RandomVidzs-j89 · October 6, 2026 at 5:48 pm
anyone wanna study together?
@DivineLerie · October 6, 2026 at 5:48 pm
Exam in 14 days 🙏🏼🙏🏼🙏🏼prayers
@Theistekarthought · October 6, 2026 at 5:48 pm
You are gold❤
@johannamartinezpardo525 · October 6, 2026 at 5:48 pm
Thank you for your amazing videos !!! ❤
@anushreesrathi2329 · October 6, 2026 at 5:48 pm
You are awesome. I watch all your videos, they make me understand the concept more easily. Thank you.
@Praiseinpjs · October 6, 2026 at 5:48 pm
Thank you Maggie, im taking my exam at the end of December and you’ve been making it easy to study and understand!
@ashleematson2538 · October 6, 2026 at 5:48 pm
taking my exam in a week! thank you Maggie