Real Estate/ Post-Licensing/ Tennessee/ Foundations of Real Estate Finance

Foundations of Real Estate Finance

$75

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 Tennessee

Hours Required by the State: 120 Hours before the third anniversary of your broker license

The CE Shop’s Offering: 120 Hours before the third anniversary of your broker license

Provider Approval Number: 1456

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% and may be taken a maximum of 2 times.

Special Licenses: There is a special license issued in TN - Designated Agent for Vacation Lodging. This licensee must take CE, but The CE Shop cannot report the course on their behalf. Each licensee must send their certificate(s) directly to the state.

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