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

Foundations of Real Estate Finance

$65

This product includes:

Elective Hours: 6 Mandatory: 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: 30 hours (After completing 90 hours of affiliate broker education)

Licensing Exam: The licensing exam is administered by PSI. Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.

The CE Shop’s Offering: 30 hours (After completing 90 hours of affiliate broker education)

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: The CE Shop’s Pre-Licensing courses expire six months after the date of purchase. Each student will be granted a one-month extension at no charge, to be applied immediately after the initial six-month term. For any reactivation or extension of the course after the seventh month, The CE Shop will charge the student 20% of the current retail price of the course for each 30-day extension or partial 30-day extension in the event that the course finally terminates before the end of the final 30-day extension. Students may also elect to re-enroll for 50% of the current retail price of the course, if the course has hit the year expiration or the student is at the 7-month mark and wants to repurchase and restart the course and enrollment. Extensions or reactivations cannot be granted beyond 12 months from the purchase of the course since, in all events, the course terminates 12 months after purchase.

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 exams must be passed with a minimum of 70% and may be taken a maximum of 2 times.

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