Foundations of Real Estate Finance

$49
This product includes:
LICENSE RENEWAL PERIOD: 4 YEARS Elective Hours: 6 Mandatory Hours: 0 Total Hours: 6
Description
Renewal Requirements

Financing is integral to real estate transactions, and the more you know about how buyers qualify, the better you'll be able to help both buyers and sellers in your practice. 

Course highlights include:

  • Roles and regulations of FNMA, GNMA, FHLMC, FHA, and VA
  • Affordability Worksheet, to assist clients in calculating their maximum affordable purchase price
  • Homebuyer Do's and Don'ts 
  • Calculating LTV, front-end and back-end ratios, and monthly mortgage payments
  • Details and qualification requirements for several popular financing options

Package Content:

State Requirements For California

California State Requirement Details for Real Estate Continuing Education

Renewal Date: Every four years

Hours Required: 45 hours

For subsequent renewals, all real estate brokers and salespersons must complete 45 clock hours of DRE-approved continuing education consisting of:

  • One nine-hour CE survey course that covers the seven mandatory subjects: ethics, agency, trust fund handling, risk management, management and supervision, fair housing and implicit bias training OR licensees can choose to take individual courses in all of those mandatory subjects;
  • A minimum of 18 hours of CE courses in the category of consumer protection; and
  • The remaining clock hours to complete the 45 hours of continuing education may be related to either consumer service or consumer protection courses.

California Department of Real Estate

Street Address: 651 Bannon Street, Suite 500, Sacramento, CA 95811

Telephone: 877-373-4542

License Renewal Website

CE Requirements

License Renewal information

Contact California Dept. of Real Estate

The CE Shop Approved Courses (enter "CE Shop" in the Enter Course Provider Name field)