Foundations of Real Estate Finance
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
State Requirements For Colorado
Colorado State Requirement Details for Real Estate Broker Continuing Education
Renewal Date: After initial license expires (December 31st of the year in which it was issued), license renews on a 3-year cycle beginning on January 1st of year one and expiring on December 31st of year three
Hours Required by the State: 24 hours
- 12 hours of 4-hour Annual Commission Update Course (completed once each year)
- 12 hours of elective courses
Note: An initial broker's license expires at midnight on December 31st of the year in which it was issued. During that initial licensure period, the newly licensed broker will not have to complete any continuing education. After that initial license period, the active licensee will then be on a three-year license cycle and must complete 24 hours of continuing education within that licensing cycle.
Colorado Division of Real Estate
Street Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Mailing Address: 1560 Broadway, Suite 925, Denver, Colorado 80202
Telephone: (800) 886-7675