Foundations of Real Estate Finance
$49
This product includes:
Description
Renewal 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 New York
New York State Requirement Details for Real Estate Continuing Education - Broker and Sales License
Renewal Date: Every two years by the exact day of your license anniversary date
Hours Required: 22.5 hours
- 2 hours implicit bias
- 2 hours cultural competency
- 3 hours fair housing
- 2.5 hours ethical business practices
- 1 hour legal matters
- 1 hour agency (2 agency hours for initial license renewal)
- 11 elective hours
New York Department of State
Street Address: One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231
Mailing Address: P.O. Box 22001, Albany, NY 12201-2001
Phone: 518.474.4429
Fax: 518.473.6648