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

Foundations of Real Estate Finance

$55

This product includes:

ANNUAL CE REQUIREMENT Elective Hours: 4.5 Mandatory Hours: 0 Total Hours: 4.5

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 Minnesota

Minnesota State Requirement Details for Real Estate Continuing Education

Hours Required by the State: 15 hours per year

Renewal Date: 6/30 every two years (annual CE requirement is 15 hours)

Please Note: Although the renewal date is 6/30, all CE must be completed by 6/15

The CE Shop’s Offering: 15 hours

7-1-25 - 6-30-26 MN Required Module: Contracts

This 2025/2026 Module also Satisfies the 1-Hour Broker Module Requirement.It does NOT satisfy the Fair Housing Requirement or Agency Law Requirement

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

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 70%

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

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