Real Estate/ Continuing Education/ Maine/ A Brief Introduction to Real Estate Finance

A Brief Introduction to Real Estate Finance

$29

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 2 Mandatory Hours: 0 Total Hours: 2

Description

State Requirements

If a buyer who's not paying cash can't obtain financing, the transaction will fail. To provide the best service to consumers,it helps to have a clear understanding of the financing process, from loan application through funding. This course provides you with the must-know financing facts to enable you to better serve your clients who require financing.

Course highlights:

Key players in financing
The loan application package and process
Consumer options for loan packages and types
The government’s role in real estate financing
Loan terminology
Activities and scenarios to reinforce key concepts

Package Content:

State Requirements For Maine

Maine State Requirement Details for Real Estate Continuing Education

Renewal Date: Every 2 years

Hours Required: 21 hours

3 hours – mandatory hours
18 hours – elective hours

CORE CREDIT:

Maine Reasonable Care and Diligence Core Course

The CE Shop’s Offering: 21 hours

3 hours - mandatory hours
18 hours - elective hours

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

Expiration Date of Course: Course expiration dates vary by course but are generally one year after order date. Each individual course will have an expiration date listed in your account.

Final Exams: Final exams must be passed with at least an 85% and may be taken as many times as necessary in order to pass.

Certificates: Immediately upon real estate course completion, 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 renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

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.

Still have questions? Visit our Frequently Asked Questions or Contact Us.