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

Foundations of Real Estate Finance

$69

This product includes:

LICENSE RENEWAL PERIOD: 2 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 Washington

Washington State Requirement Details for Real Estate Continuing Education

Renewal Date: Every two years

Hours Required: 30 hours

Renewal for Brokers:

At least 30 hours, including:
3-hour Current Issues in Washington Residential Real Estate Course
3-hour Washington Real Estate Fair Housing Course
At least 27 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.

Renewal for Managing Brokers:

At least 30 hours, including:
- 3–hour Core Course
- 3-hour Fair Housing Course
- At least 24 hours other approved continuing education
At least 15 hours must be completed within 24 months of your renewal date.
You may also use up to 15 hours of unused continuing education completed within 48 months of your renewal date.
The hours must be started after the date of first licensure as a managing broker.

Provider Approval Number: S1633

The CE Shop’s Offering: 30 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 at least a 70% 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.