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 Virginia
Virginia State Requirement Details for Real Estate Salesperson Continuing Education
Renewal Date: License expires every two years on the last day of the initial license month. Renew no earlier than 60 days prior to license expiration.
Hours Required by the State if License Expires Before June 30, 2026: 16 hours
- 8 hours of mandatory course topics
- 3 hours in Ethics & Standards of Conduct
- 2 hours in Fair Housing
- 1 hours in Legal Updates and Emerging Trends
- 1 hours in Real Estate Agency
- 1 hours in Real Estate Contracts
- 8 hours of elective course topics or mandatory course topics
Hours Required by the State if License Expires On or After June 30, 2026: 16 hours
- 11 hours of mandatory course topics
- 3 hours in Ethics & Standards of Conduct
- 2 hours in Fair Housing
- 2 hours in Legal Updates and Emerging Trends
- 2 hours in Real Estate Agency
- 2 hours in Real Estate Contracts
- 5 hours of elective course topics or mandatory course topics
Note: These Continuing Education requirements also apply to inactive experienced salespersons who apply to activate their licenses. No Continuing Education is required of new salespersons in their first two-year license term. However, some new salesperson licensees—upon completion of their 30-hour Post-License Education requirement—may choose to begin taking Continuing Education courses in the six months just prior to renewing their license for the first time. If a new salesperson completes Continuing Education courses in those last six months of the first licensure period, those hours may carry over to the 16-hours required of them during their second two-year licensure term pursuant to 18 VAC 135-20-101.
Virginia Department of Professional and Occupational Regulation Real Estate Board
Street Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485
Mailing Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485
Telephone: (804) 367-8526
Email: reboard@dpor.virginia.gov