Real Estate/ Continuing Education/ Iowa/ Foundations of Real Estate Finance

Foundations of Real Estate Finance

$65

This product includes:

LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 6 Mandatory Hours: 0 Total Hours: 6

Description

State 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 Iowa

Iowa State Requirement Details for Real Estate Continuing Education

Renewal Date: 12/31 every three years

Hours Required: 36 hours

12 hours – Mandatory hours
- 8 hours law update
- 4 hours ethics
24 hours – Elective hours

Note: per Iowa state regulations, a maximum of 24 hours may be taken by distance learning during each three-year renewal period. At least 12 hours of continuing education must be taken via live instruction. There is no requirement as to which course or courses are taken via live instruction.

The CE Shop’s Offering: 28 hours

4 hours - mandatory ethics hours
24 hours - elective hours

Provider Approval Number: 244

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Final Exam: Final exams must be passed with a minimum of 80% and may be taken as many times as necessary in order to pass.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Max Hours in a 24-Hour Period: Students will not receive credit for more than 8 hours of continuing education in a 24-hour period. Our online course delivery system manages this requirement for you.

Course Duplication: During each three-year renewal period a course may be taken for credit only once. A course may be repeated for credit ONLY if the course numbers and instructors are different.

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