Texas Pre-Licensing COURSE
TX Broker Pre-Licensing Real Estate Finance Course
This 30-hr course covers real estate finance in Texas. The course helps prepare you for the Texas licensing exam, as well as provides the foundation knowledge necessary to be a successful real estate Sales Agent.
To apply for a Texas Real Estate Sales Agent’s license, you need to complete six courses (180 credit hours): Principles of Real Estate I (30 hours), Principles of Real Estate II (30 hours), Law of Agency (30 hours), Law of Contracts (30 hours), Promulgated Contracts and Forms (30 hours), and Real Estate Finance (30 hours). This course covers the 30 hours of content required in the Real Estate Finance courses, as stipulated by the Texas Real Estate Commission (TREC).
The course covers monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes, and procedures, closing costs, alternative financial instruments, equal credit opportunity laws, community reinvestment laws, and state housing agencies.