(Formerly NVOC 039)
This course is designed to help the pre- and new licensee, the experienced real estate agent, the investor, and the lender gain a better understanding of the complex world of real estate finance. It covers all aspects of real estate financing from completing loan applications, navigating the escrow process, to closing loans. The course details current lending policies, qualifying standards, and disclosure requirements. This course is approved by the California Department of Real Estate (DRE) to meet the elective education requirements for the California Real Estate Salesperson License and the California Real Estate Broker License. Taken in sequence with NBIZ 038, students earn the Certificate of Completion in Real Estate Practice and Finance.
