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 Iowa
Iowa State Requirement Details for Real Estate Continuing Education
Renewal Date: 12/31 every three years
Hours Required: 36 hours
- 12 hours – Mandatory hours
- 8 hours law update
- 4 hours ethics
- 24 hours – Elective hours
Note: per Iowa state regulations, a maximum of 24 hours may be taken by distance learning during each three-year renewal period. At least 12 hours of continuing education must be taken via live instruction. There is no requirement as to which course or courses are taken via live instruction.
Iowa Real Estate Commission
Street Address: 6200 Park Avenue, Suite 100, Des Moines, IA 50321
Telephone: 515.725.9022 x8