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

Foundations of Real Estate Finance

$79

This product includes:

LICENSE RENEWAL PERIOD: 1 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 Montana

Montana State Requirement Details for Real Estate Continuing Education

Renewal Date: 10/31 every year

Hours Required: 12 hours

No continuing education is required for salesperson licensees who are licensed less than 12 months on their first renewal.

The CE Shop’s Offering: 12 hours

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 75% 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.

Property Manager: New property manager licensees are required to complete four hours of property management trust account CE by their first renewal date. If no course occurs by the first renewal date, the licensee must complete the course when it is next offered. The CE Shop currently does not offer this course.

Supervising Broker: Each licensing year, a Supervising Broker must complete 12 hours of Continuing Education. 4 of those hours must be board-approved education in the area of Supervising Broker Continuing Education as designated by the board. The CE Shop currently does not offer this course.

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