3 Credit HoursReal Estate Practice
Real Estate Finance & Lending Practices
Mortgage finance from qualification through closing. Covers loan types (conventional, FHA, VA, USDA), TRID disclosure requirements, qualification standards, mortgage fraud, predatory lending laws, and the secondary mortgage market.
Topics Covered
- Mortgage loan types: conventional, FHA, VA, USDA
- Qualification standards: DTI, LTV, credit score
- TRID disclosure requirements (Loan Estimate, Closing Disclosure)
- Truth in Lending Act (TILA) and RESPA
- Predatory lending and ability-to-repay rules
- Mortgage fraud recognition and reporting
- Secondary mortgage market and MBS basics
- Alternative financing: seller financing, lease options, land contracts
Exam Requirements
Review Questions
9
Throughout the course material
Final Exam Questions
15
Multiple choice, 4 options each
Passing Score
70%
Minimum requirement
Time Limit
1 Year
Self-paced from enrollment
Certificate of Completion
Upon passing the final exam, you will receive a certificate including all required fields:
- Provider name
- Program name
- Program number (upon approval)
- Program dates
- Credit hours awarded
- Instructor signature
- Your name
- Unique certificate number