HOME -California real estate license training classes-California real estate salesperson pre-license training classes & California real estate broker pre-license training classes, Includes ca real estate fince,ca real estate law,ca appraisal, ca economics & ca real estate practice 877.230.9485
EDUCATION REQUIREMENTS -California real estate license continuing education requirements-Ca real estate CEUs including real estate principles,real estate practice,real estate appraisal,property management,real estate finance & business law
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HELP - system requirements for California real estate mortgage ce online training classes including California real estate broker 33 hour ce classes
SITEMAP - California real estate title & insurance online classes including gramm leach biley act,business writing,fair housing & ca fundamentals of mortgage lending
California real estate prelicense online packages - california law 135 hour, california appraisal 135 hour, california finance 135 hour,california economics 135 hour, california real estate broker 225 hour and california real estate broker 360 hour package
California real estate pre license 45 hour courses covering legal aspecs,economics,mortgage loan brokering,business law,property management,appraisal and finance
What to Expect at Enrollment - Enrollment prodecures
CALIFORNIA Title Insurance and Escrow CE
Business Writing 3.0
Fair Housing 3.0
1031 Exchanges 6.0
Sample Title & Insurance Classes
The Gramm-Leach-Bliley Act, also known as the Financial Modernization Act of 1999, repealed the Depression-era barriers that separated banking, insurance and securities, allowing all three to engage in a statutorily provided list of financial activities. This course will examine the broad umbrella of “financial institutions” that are covered under Gramm-Leach-Bliley, and discuss the financial activities they may engage in.
This course covers broad issues relating to appraisal and the role that an appraiser plays in their relationship with a principal. Specifically, you will learn about lender and FHA requirements, location analysis, property analysis, valuation considerations, regulatory environment, enforcement and sanctions, manufactured homes, planned unit and condominiums, preparing a property for mortgage and required forms.
Course Description
This course provides an introduction to the basics of mortgage lending, from qualifying the borrower and qualifying the property in the underwriting process, to the various types of financing available, to closing the sale. The course begins with a discussion of the forces that control the market: supply, demand and the government. The student will learn the varied methods of real estate finance. Lenders run risks in making real estate loans; for this reason, they must have a firm grasp of a borrower’s financial qualifications. They consider a borrower’s income, credit, debt, source of funds and net worth. However, no analysis, no matter how thorough, of a borrower’s creditworthiness can be enough to make a loan free of risk. The second lesson introduces the different legislation related to real estate mortgage of which the student must have a fair knowledge. The third lesson describes the mortgage market and the way it is divided into primary and secondary lenders.
The student will learn how title, the abstract ownership rights to the property, is transferred to the buyer with a deed. The earnest money contract will also be discussed: terms of the contract, contingencies and earnest money deposits. In lesson five, the focus turns to closing. The student will learn the customary costs involved in a real estate transaction, how certain items are prorated between the buyer and the seller and the requirements set forth by the Real Estate Settlement and Procedures Act (RESPA).
Lesson six discusses foreclosure. It considers what happens when a borrower is in default of the mortgage contract and how lenders may help borrowers prevent foreclosure through forbearance, moratoriums and recasting. Also discussed is how, when these techniques fail, the property is foreclosed and sold at auction and how the creditors are repaid.
The module continues with the types of mortgages available. The seventh and eighth lesson discuss the elements of conventional loans—conforming and nonconforming—adjustable rate, graduated payment, growth equity and reverse annuity mortgages, to name a few. The advantages and disadvantages of each type of financing are emphasized so that the student may better understand the decision-making process inherent in real estate finance.
Two specific types of financing, FHA-insured and VA-guaranteed loans are reserved for separate lessons. FHA loans are insured by the government and perceived as less risky by lenders. They are available to all natural and naturalized U. S. citizens, but they carry a monthly insurance premium that cannot be canceled. VA loans are guaranteed in part by the government, but are only available to veterans, active servicemen and certain national guardspersons and special reservists.
At the end of each lesson, the student will be asked to complete a quiz that tests the information covered in that lesson in order to move on to the next lesson. The course ends with a real world practice lesson that brings together the concepts and material discussed throughout the entire course.
Learning Objectives
Upon completion of this module, the student will:
Understand how the forces of supply and demand in the real estate market affect and are affected by the primary lending market.
Know how the government influences real estate finance through agencies like the Federal Reserve and the Department of Housing and Urban Development.
Understand the basic concepts of real estate finance.
Know the principal instruments of financing—the promissory note, the mortgage and the deed of trust—and how they are used.
Understand how interest rates affect the real estate market.
Know who lends money to the purchasers of real estate.
Be familiar with the operations of the secondary market for loans.
Know how to calculate the monthly payments for a fully amortized, fixed-rate loan.
Be familiar with the tax deductions and credits associated with real estate ownership.
Know the use of and legal requirements placed upon escrow accounts.
Know the difference between lien theory and title theory states.
Know what a discount point is, when it is offered and when it should be bought.
Be familiar with what an underwriter looks for in approving a loan.
Be familiar with the elements of a credit report and how FICO® scores affect a consumer’s borrowing ability.
Be familiar with the provisions of the federal legislation that affect real estate lending: the Fair Credit Reporting Act, the Equal Credit Opportunity Act and the Truth in Lending Act.
Know the use and the method of calculation of a lender’s qualifying income ratios.
Be familiar with the classification of types of debts.
Understand the role of mortgage brokers and loan officers in the financing process.
Know the difference between constructive and actual notice and the buyer’s obligations under the principle of caveat emptor.
Be familiar with the lender’s requirements for qualifying the title and how a title insurance company verifies that a mortgagee will have the first lien through a title search.
Know the purpose and content of an earnest money contract and the earnest money deposit.
Know what a deed is and the types of interest it can convey.
Be familiar with the exceptions and reservations that can be placed upon a title.
Be familiar with the RESPA requirements for closing procedures and disclosures at closing.
Know the basic organization of face-to-face and escrow closings: who presides over them and how transactions are conducted.
Know the principles of proration: calendar years and banker’s years, as well as prepaid items, accrued items and how to divide them by calculating a daily rate.
Know the current Fannie Mae and Freddie Mac loan limits.
Understand private mortgage insurance: when it is required, when it is advisable and when it is cancelable.
Know the requirements for a borrower’s financial qualifications in a conforming loan.
Be familiar with the different types of mortgages, including ARMs, GEMs, GPMs and balloon mortgages.
Understand the use and purpose of temporary and permanent buydowns.
Be familiar with the most important FHA programs, especially Section 203(b).
Know the various underwriting requirements for FHA-insured loans, such as down payment and closing cost requirements.
Understand the FHA’s mortgage insurance premium (MIP) and how it is different from PMI.
Be familiar with the key elements of the VA loan guarantee program.
Know who is eligible for the VA program and the documents required for proving one’s eligibili
Know the current amount of a veteran’s maximum entitlement and how to calculate remaining entitlement.
Be familiar with Fannie Mae’s Desktop Underwriter and Freddie Mac’s Loan Prospector electronic underwriting programs.
Cities Served:
Agoura Hills Alameda Alamo, California (CA) Albany, California (CA) Alhambra, California (CA) Aliso Viejo Alondra Park Alpine, California (CA) Alta Sierra Altadena Alum Rock American Canyon Anaheim, California (CA) Anderson, California (CA) Antioch, California (CA) Apple Valley, California (CA) Aptos Arcadia, California (CA) Arcata Arden-Arcade Arroyo Grande Artesia, California (CA) Arvin Ashland, California (CA) Atascadero Atherton Atwater, California (CA) Auburn, California (CA) August Avenal Avocado Heights Azusa Bakersfield, California (CA) Baldwin Park Banning Barstow, California (CA) Bay Point Baywood-Los Osos Beaumont, California (CA) Bell Gardens Bell, California (CA) Bellflower, California (CA) Belmont, California (CA) Benicia Berkeley, California (CA) Bermuda Dunes Beverly Hills, California (CA) Blackhawk-Camino Tassajara Bloomington, California (CA) Blythe, California (CA) Bonadelle Ranchos-Madera Ranchos Bonita, California (CA) Bostonia Boyes Hot Springs Brawley Brea Brentwood, California (CA) Buena Park Burbank, California (CA) Burlingame, California (CA) Calabasas Calexico California City Calimesa Calipatria Camarillo Cambria, California (CA) Cameron Park, California (CA) Camp Pendleton North Camp Pendleton South Campbell, California (CA) Canyon Lake, California (CA) Capitola Carlsbad, California (CA) Carmichael Carpinteria Carson, California (CA) Casa de Oro-Mount Helix Castro Valley Castroville, California (CA) Cathedral City Ceres Cerritos Charter Oak, California (CA) Cherryland Chico, California (CA) Chino Chino Hills Chowchilla Chula Vista, California (CA) Citrus Citrus Heights Claremont, California (CA) Clayton, California (CA) Clearlake Cloverdale, California (CA) Clovis, California (CA) Coachella Coalinga Colton, California (CA) Commerce, California (CA) Compton, California (CA) Concord, California (CA) Corcoran, California (CA) Corning, California (CA) Corona, California (CA) Coronado Corte Madera Costa Mesa, California (CA) Cotati Coto de Caza Country Club, California (CA) Covina Crestline, California (CA) Cudahy, California (CA) Culver City Cupertino Cypress, California (CA) Daly City, California (CA) Dana Point Danville, California (CA) Davis, California (CA) Del Aire Delano, California (CA) Delhi, California (CA) Desert Hot Springs Diamond Bar Dinuba Discovery Bay Dixon, California (CA) Downey, California (CA) Duarte Dublin, California (CA) Earlimart East Compton East Foothills East Hemet East La Mirada East Los Angeles, California (CA) East Palo Alto East Pasadena East Porterville East San Gabriel El Cajon El Centro El Cerrito El Dorado Hills El Monte, California (CA) El Paso de Robles (Paso Robles) El Rio El Segundo El Sobrante Elk Grove, California (CA) Emeryville Encinitas Escondido, California (CA) Eureka, California (CA) Exeter, California (CA) Fair Oaks, California (CA) Fairfax, California (CA) Fairfield, California (CA) Fairview, California (CA) Fallbrook Farmersville, California (CA) Fillmore, California (CA) Florence-Graham Florin Folsom, California (CA) Fontana, California (CA) Foothill Farms Foothill Ranch Fort Bragg, California (CA) Fortuna Foster City Fountain Valley Fremont, California (CA) Fresno, California (CA) Fullerton, California (CA) Galt, California (CA) Garden Acres Garden Grove, California (CA) Gardena Gilroy Glen Avon Glendale, California (CA) Glendora, California (CA) Gold River Golden Hills Goleta Gonzales, California (CA) Grand Terrace Granite Bay Grass Valley Greenfield, California (CA) Grover Beach Hacienda Heights Half Moon Bay Hanford Hawaiian Gardens Hawthorne, California (CA) Hayward, California (CA) Healdsburg Hemet Hercules Hermosa Beach Hesperia, California (CA) Highland, California (CA) Hillsborough, California (CA) Hollister, California (CA) Home Gardens Huntington Beach, California (CA) Huntington Park Huron, California (CA) Imperial Beach Imperial, California (CA) Indio Inglewood, California (CA) Interlaken, California (CA) Ione, California (CA) Irvine, California (CA) Isla Vista Kentfield Kerman King City, California (CA) Kingsburg La Canada Flintridge La Crescenta-Montrose La Habra La Mesa La Mirada La Palma La Presa, California (CA) La Puente La Quinta La Riviera La Verne Ladera Heights Lafayette, California (CA) Laguna Beach, California (CA) Laguna Hills Laguna Niguel Laguna West-Lakeside Laguna Woods Laguna, California (CA) Lake Arrowhead, California (CA) Lake Elsinore Lake Forest, California (CA) Lake Los Angeles Lakeside, California (CA) Lakewood, California (CA) Lamont, California (CA) Lancaster, California (CA) Larkfield-Wikiup Larkspur, California (CA) Lathrop, California (CA) Lawndale, California (CA) Lemon Grove Lemoore Lennox, California (CA) Lincoln, California (CA) Linda Lindsay, California (CA) Live Oak, California (CA) Livermore, California (CA) Livingston, California (CA) Lodi, California (CA) Loma Linda, California (CA) Lomita Lompoc Long Beach, California (CA) Loomis, California (CA) Los Alamitos Los Altos Los Altos Hills Los Angeles, California (CA) Los Banos Los Gatos Lucas Valley-Marinwood Lynwood, California (CA) Madera Madera Acres Magalia Malibu Mammoth Lakes Manhattan Beach Manteca Marina Marina del Rey Martinez, California (CA) Marysville, California (CA) Maywood, California (CA) McFarland, California (CA) McKinleyville Mendota, California (CA) Menlo Park Mentone, California (CA) Merced Mill Valley Millbrae Milpitas Mira Loma Mira Monte Mission Viejo Modesto, California (CA) Monrovia, California (CA) Montclair, California (CA) Montebello, California (CA) Montecito Monterey Park Monterey, California (CA) Moorpark Moraga Moreno Valley, California (CA) Morgan Hill Morro Bay Mountain View, California (CA) Murrieta Muscoy Napa National City Newark, California (CA) Newman, California (CA) Newport Beach Nipomo Norco, California (CA) North Auburn North Fair Oaks North Highlands Norwalk, California (CA) Novato Oakdale, California (CA) Oakland, California (CA) Oakley, California (CA) Oceano Oceanside, California (CA) Oildale Ojai Olivehurst Ontario, California (CA) Opal Cliffs Orange Cove Orange, California (CA) Orangevale Orcutt Orinda Orland, California (CA) Orosi Oroville East Oroville, California (CA) Oxnard, California (CA) Pacific Grove Pacifica Palm Desert Palm Springs, California (CA) Palmdale, California (CA) Palo Alto, California (CA) Palos Verdes Estates Paradise, California (CA) Paramount Parkway-South Sacramento Parlier Pasadena, California (CA) Patterson, California (CA) Pedley Perris Petaluma Pico Rivera Piedmont, California (CA) Pinole Pismo Beach Pittsburg, California (CA) Placentia Placerville Pleasant Hill, California (CA) Pleasanton, California (CA) Pomona, California (CA) Port Hueneme Porterville Portola Hills Poway Prunedale Quartz Hill Ramona, California (CA) Rancho Cordova Rancho Cucamonga, California (CA) Rancho Mirage Rancho Palos Verdes Rancho San Diego Rancho Santa Margarita Red Bluff Redding, California (CA) Redlands, California (CA) Redondo Beach Redwood City Reedley Rialto Richmond, California (CA) Ridgecrest, California (CA) Rio del Mar Rio Linda Ripon, California (CA) Riverbank Riverside, California (CA) Rocklin Rodeo Rohnert Park Rolling Hills Estates Rosamond Rosedale, California (CA) Roseland, California (CA) Rosemead Rosemont, California (CA) Roseville, California (CA) Rossmoor, California (CA) Rowland Heights Rubidoux Sacramento, California (CA) Salida, California (CA) Salinas, California (CA) San Anselmo San Bernardino, California (CA) San Bruno San Buenaventura (Ventura), California (CA) San Carlos, California (CA) San Clemente San Diego Country Estates San Diego, California (CA) San Dimas San Fernando San Francisco, California (CA) San Gabriel San Jacinto San Jose, California (CA) San Juan Capistrano San Leandro San Lorenzo San Luis Obispo San Marcos, California (CA) San Marino San Mateo San Pablo San Rafael San Ramon Sanger, California (CA) Santa Ana, California (CA) Santa Barbara Santa Clara, California (CA) Santa Clarita, California (CA) Santa Cruz, California (CA) Santa Fe Springs Santa Maria, California (CA) Santa Monica Santa Paula Santa Rosa, California (CA) Santee, California (CA) Saratoga, California (CA) Sausalito Scotts Valley Seal Beach Seaside, California (CA) Sebastopol, California (CA) Selma, California (CA) Shafter Shasta Lake Sierra Madre Signal Hill Simi Valley, California (CA) Solana Beach Soledad Sonoma South El Monte South Gate, California (CA) South Lake Tahoe South Oroville South Pasadena, California (CA) South San Francisco South San Gabriel South San Jose Hills South Whittier South Yuba City Spring Valley, California (CA) Stanford, California (CA) Stanton, California (CA) Stockton, California (CA) Suisun City Sun City, California (CA) Sunnyvale, California (CA) Susanville Taft, California (CA) Tamalpais-Homestead Valley Tehachapi Temecula Temple City Thermalito Thousand Oaks, California (CA) Tiburon Torrance, California (CA) Tracy, California (CA) Truckee Tulare, California (CA) Turlock Tustin Foothills Tustin, California (CA) Twentynine Palms Twentynine Palms Base Ukiah, California (CA) Union City, California (CA) Upland, California (CA) Vacaville Valinda Valle Vista Vallejo, California (CA) Valley Center, California (CA) Vandenberg AFB Victorville View Park-Windsor Hills Vincent, California (CA) Vineyard Visalia Vista Walnut Creek, California (CA) Walnut Park Walnut, California (CA) Wasco, California (CA) Waterford, California (CA) Watsonville West Athens West Carson West Covina, California (CA) West Hollywood West Modesto
West Puente Valley West Sacramento West Whittier-Los Nietos Westlake Village Westminster, California (CA) Westmont, California (CA) Whittier Wildomar Willowbrook, California (CA) Willows Windsor, California (CA) Winter Gardens Winters, California (CA) Winton, California (CA) Woodcrest Woodlake Woodland, California (CA) Yorba Linda Yreka Yuba City Yucaipa Yucca Valley
You have come to the premier place for California Real Estate License Training. We will inform you of all the real estate education requirements to get your license while telling you about our credentials to serve you. We offer help in the form of a sitemap, what to expect at enrollment and system requirements. When you are studying to get your real estate license, it is called real estate pre-license courses. Pre-license courses get you ready for the real estate exam. We also update you with current real estate news. Our California real estate license training is the best around and "the best of the best" is our California Real Estate Broker License training. Whether you choose to become a real estate salesperson or broker, we have the finest real estate textbooks available.
California real estate title & insurance online classes including gramm leach biley act,business writing,fair housing & ca fundamentals of mortgage lending
CID2618
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$125.00
Sitemap
California real estate title & insurance online classes including gramm leach biley act,business writing,fair housing & ca fundamentals of mortgage lending
