Foundations of Real Estate Finance
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
State Requirements For California
California State Requirement Details for Real Estate Continuing Education
Renewal Date: Every four years
Hours Required: 45 hours
Real estate salespersons renewing an original license for the first time, must complete 45 clock hours of DRE-approved continuing education consisting of:
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Four separate 3-hour courses in the following subjects: ethics, agency, trust fund handling, and risk management
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3-hour Fair Housing course which must including an interactive participatory component
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2-hour Implicit Bias Training course
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18 hours of consumer protection courses
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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
Contact California Dept. of Real Estate
The CE Shop Approved Courses (enter "CE Shop" in the Enter Course Provider Name field)