Foundations of Real Estate Finance
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
State Requirements For Texas
Texas State Requirement Details for Real Estate Continuing Education
Renewal Date: Every two years by the end of the month in which the license was initially issued
Hours Required: 18 hours
- 4 hours – Legal Update I: Laws, Rules and Forms
- 4 hours – Legal Update II: Agency, Ethics, and Hot Topics
- 3 hours - Contracts-related course
- 7 hours – Electives
Note: If you are a supervising agent, have sponsored one or more sales agents, served as the designated broker for a business entity broker that sponsors sales agents, or have been made a supervisor of other license holders, you will need to complete the 6-hour broker responsibility course as part of your required 18 hours of CE.
TEXAS REAL ESTATE REGULATORY AGENCY:
Texas Real Estate Commission
Street Address: Stephen F. Austin Building, 1700 N. Congress Ave., Suite 400, Austin, TX 78701
Mailing Address: P.O. Box 12188 Austin, TX 78711-2188
Telephone: 512-936-3000
Texas Real Estate Commission Website
Salesperson License Renewal Website