ONL courses are designed for anyone, who has scheduling problems, work-schedules that conflict with normal class times, or any reason they may have. Some students are concerned about the transferability or status of ONL courses. The course content, college credit and transferability are equivalent to those offered in the classroom.  The first step to success is your Distance Learning Orientation.

Course Description:

• Credit Hours: 2
• Classroom Contact Hours per week: 4

The required textbook for this course is

Essentials of Real Estate Finance, 15th Edition,

By David Sirota, PhD & Doris Barrell, GRI, DREI, CDEI

Published by Dearborn, ©2018 Kaplan, Inc

Published by DF Institute, Inc., d/b/a Dearborn Real Estate Education

332 Front St. S., Suite 501

La Crosse, WI 54601

All rights reserved. The text of this publication, or any part thereof, may not be reproduced in any manner whatsoever without written permission from the publisher.

Printed in the United States of America

ISBN: 978-1-4754-6207-4

RELE 1219 – REAL ESTATE FINANCE (2-2-0).  Monetary systems, primary and secondary money markets, sources of mortgage loans, federal government programs, loan applications, processes and procedures, closing costs, alternative financial instruments, equal credit opportunity laws affecting mortgage lending, Community Reinvestment Act, and the state housing agency. Skills: R Course Type: W (RELE 1219)

COURSE RATIONALE

This course discusses the real estate finance process in an easy-to-understand format. It covers the finance industry in depth, from the big picture of the cycle of real estate finance down to the details of the various financing programs. The past several years have seen tremendous changes in the real estate financing market and this course will bring students up to date on what occurred during the economic downturn and what real estate financing looks today.  Most real estate activities are financed. Real estate professionals who attend this course and learn the process of financing will be able to offer their clients comprehensive service and will be more likely to achieve success in the business. The ups and downs in the financing market affect all aspects of real estate. This course provides students with the base knowledge they need to operate efficiently, while giving them updated information they need to advise their clients and stay on top of changing requirements.

COURSE LEARNING OBJECTIVES/OUTCOMES

Each student will be able to clearly define the primary sources of mortgage finance, state, federal and private.  The student will recognize specific information about the Texas market, and how to utilize the different resources available.