Real Estate Finance is an elective course by the State of California, required by the California Department of Real Estate (DRE) to obtain a real estate license or brokers license, an introductory course with primary focus on the Real Estate Finance and policies of the Department of Real Estate.
Real Estate Finance stablishes realistic financial objectives from appraisals to applying for and getting pre-approved for loans. This course provides relevant information for State Licensing Requirements for Mortgage Loan Originators. In addition, Federal regulations increasing the accuracy in calculating the cost or credit for the protection of the consumer.
To complete this course is one year. This course is 45 hours, the student must read 15 correspondent reading segments plus a proctored 100 multiple choice 2 ½ hours final examination to be issued the certificate of completion. Each segment is three (3) hours in length totaling 45 hours. According to the regulations of the California Department of Real Estate. The student must retain/read/work the materials for at least 18 days or more before taking any final exam.
|SHIPPING AND HANDLING||$25|
Dream Force Academy Inc. identified the basis for exemption from the Department for Private Postsecondary Education under regulation 94874(f). An institution that does not award degrees and that solely provides educational programs for total charges of two thousand five hundred dollar ($2,500) or less when no part of the total charges is paid form state or federal student financial aid programs.
|1.||3||A short history of finance and the Fed|
|2.||3||The real estate cycle and the secondary market|
|3.||3||Sources of funds: The primary market|
|4.||3||The secondary market and federal credit agencies|
|5.||3||Federal regulation and consumer protection|
|6.||3||State regulation of lending|
|8.||3||Overview of the loan process|
|11.||3||Government programs: FHA and VA loans|
|13.||3||Qualifying the borrower|
|14.||3||Qualifying the property|
|15.||3||Real estate finance mathematics|
|TITLE||REAL ESTATE FINANCE|
|AUTHOR||WALT HUBER AND WALT ZOZULA|
|PUBLISHER:||EDUCATIONAL TEXTBOOK COMPANY, INC.|
Our courses are refundable if the request is made within 15 calendar days from the date stated in this general information page (shipping and handling fees are non-refundable). The request must be delivered to our school by certified mail in person or email. If a refund is granted the student must return the textbook by mail or in person. The refund for a good condition textbook is $50 and for damaged books with writing, bend or torn pages the refund is $10 dollars. No refunds after 15 days.
|TYPE OF QUESTIONS:||Multiple choice|
|NUMBER OF QUESTIONS:||100|
|ALLOTTED TIME FOR EACH QUESTION:||1 ½ minutes|
|FINAL EXAM ALLOTTED TIME:||2 ½ hours|
|MINIMUM PASSING PERCENTAGE:||60%|
|NUMBER OF FINAL EXAMS OFFERRED FOR THIS COURSE:||2|
This course is approved for pre-license education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructors, authors, or lecturers.
Please note that we must comply with the California Department of Real Estate regulations which prohibits education providers from supplying students with right and wrong answers to final exam questions. A student who scores below 60% on the final exam may request to retake the exam but the student must review the book content for a minimum of 18 days before retaking the final exam. The exam must be proctored.
Participants shall present one of the following forms of identification immediately before the administration of the final examination:
The student must contact the school to schedule an appointment for the final exam to be proctored. The final exam must be taken in our school facility and proctored by our qualified instructor. The final examination may not be taken at any other location. Final exams are provided Monday through Friday from 10 to 4 pm.
A test proctor is a 3rd party (18 years of age or older) NOT related to you by blood, marriage or any other relationship, which would influence him/her from properly administering the examination.
A course and instructor evaluation is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov . Access this form by typing in “RE 318A” in the search box located in the upper right corner of the home page.
A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov . Access this form by typing in “RE 340” in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, “RE 340A” is also available.