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 Oklahoma
Oklahoma State Requirement Details for Real Estate Continuing Education
Renewal Date: Every three years within the initial month of licensure.
Effective 6/1/2025 Increase to CE hours requirement
Hours Required: 30 hours comprised of 17 elective hours and 13 core hours in six required subjects:
13 hours should be in the following topics, consisting of no less than:
- six (6) hours of Contracts and Forms,
- three (3) hours in Professional Conduct, and
- one (1) hour in Broker Relationships Act,
- one (1) hour in Fair Housing,
- one (1) hour in Code and Rules and;
- one (1) hour in Hot Topics/Current Issues.
Provisional Sales Associate Post-Licensing: Provisional Sales Associates have a separate and unique post-licensing requirement of 45 hours which must be completed prior to their first license expiration date. Provisional Sales Associates are not required to complete real estate Continuing Education for their first renewal cycle.
Oklahoma Real Estate Commission
Street Address: 1915 N Stiles Ave #200 Oklahoma City, OK 73105
Telephone: 405.521.3387