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

Foundations of Real Estate Finance

$69

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 Oklahoma

Oklahoma State Requirement Details for Real Estate Continuing Education

Renewal Date: Every three years within the initial month of licensure.

Hours required: 30 hours

The CE Shop’s Offering: 15 hours

The CE Shop does not currently offer the 15-hour Broker in Charge course.

Provider Approval Number: 581394

Reporting: The state requires schools to report course completions within five days from the course completion date. Course completions will be reported within this time frame.

Expiration Date of Course: Course expiration dates vary by course but are generally 6 months after order date per Oklahoma rules. Each individual course will have an expiration date listed in your account. Courses must be completed before the expiration date in order to receive credit.

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.

Final Exams: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

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