A Brief Introduction to Real Estate Finance
If a buyer who's not paying cash can't obtain financing, the transaction will fail. To provide the best service to consumers,it helps to have a clear understanding of the financing process, from loan application through funding. This course provides you with the must-know financing facts to enable you to better serve your clients who require financing.
Course highlights:
- Key players in financing
- The loan application package and process
- Consumer options for loan packages and types
- The government’s role in real estate financing
- Loan terminology
- Activities and scenarios to reinforce key concepts
State Requirements For South Carolina
South Carolina State Requirement Details for Real Estate Continuing Education
Renewal Date: 6/30 every two years
Hours Required: 10 hours
Associate or Broker:
- 4 hours – Mandatory hours
- 6 hours – Elective hours
Per South Carolina Section 40-57-340, as a condition of active license renewal, a broker or associate shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses. The ten hours must include a minimum of four hours of instruction in mandated topics.
Broker-in-Charge:
- 4 hours - Mandatory hours
- 4 hours - Core hours
- 2 hours - Elective hours
Per South Carolina Section 40-57-340, a broker-in-charge shall provide proof of satisfactory completion biennially of ten hours of continuing education in courses approved by the commission. The ten hours must include a minimum of four hours of instruction in mandated topics for a broker or associate license and four hours of continuing education must be in advanced real estate topics designed for brokers-in-charge.
South Carolina Real Estate Commission
Street Address: Synergy Business Park, Kingstree Building 110 Centerview Dr, Ste 201, Columbia, SC 29210
Mailing Address: PO Box 11847, Columbia, SC 29211-1847
Telephone: 803.896.4400
Fax: 803.896.4427