Finance Basics “Know Your Numbers”
Presented By:
Todd Cordrey
CEO
American Dream Real Estate School / Thrive Real Estate Education
On-Demand Course
3.00 Real Estate Continuing Education Credit Hours
State(s): OR, CO, WA, HI
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This course will provide you with an introduction to real estate financing.  The course begins with definitions necessary for a foundational understanding, then proceeds into different types of loans, discusses how loans are bought and sold, explains short sales and foreclosures, then covers how financing impacts a real estate transaction.

Course Details
Learning Objectives

Upon completion of this course, students will be able to:

  • explain basic finance definitions
  • discuss loan points and define a mortgage and deed of trust
  • describe interest and amortization
  • describe prepayment and loan payment plans
  • describe priorities involved in recording mortgages, deeds of trusts and tax insurance reserves
  • explain and give five examples of short sales and discuss foreclosure action
  • explain subject to and assumption loans
  • describe conventional, FHA and VA financing objectives
  • define purchase money mortgages
  • explain various sources of financing and the influence of the government in mortgage lending
  • explain financing legislation
  • explain the importance of qualifying a purchaser
  • explain the events that take place during a transaction and how they affect closing
Education Credits
Real Estate Continuing Education (Oregon) 
3.00 Real Estate Continuing Education Credit Hours
Price: $39.95

Preferred Systems, Inc. is an approved real estate continuing education provider by the Oregon Real Estate Commission. This course has been approved for 3.0 continuing education credit hours. Provider License Number: 201225131. Course Number: 3304. Course Topic: Real Estate Finance. Instructor of Record: Todd Cordrey
Real Estate Continuing Education (Colorado) 
3.00 Real Estate Continuing Education Credit Hours
Price: $39.95

American Dream Real Estate School is an approved provider of real estate education. Having fully met the requirements of the Colorado Division of Real Estate, the following course approval has been granted. Course Approval: 107398.
Real Estate Continuing Education (Washington) 
3.00 Real Estate Continuing Education Credit Hours
Price: $39.95

American Dream Real Estate School is an approved provider of real estate education in the state of Washington. Having fully met the requirements of the Washington Department of Licensing, the following course has been approved for 3.0 continuing education credit hours. Provider Approval: 1757. Course Approval: C23025601. Course Topic: Taxation;Finance;Principles/Essentials
Real Estate Continuing Education (Hawaii) 
3.00 Real Estate Continuing Education Credit Hours
Price: $39.95

American Dream Real Estate School is an approved provider of real estate education in the state of Hawaii. Having fully met the requirements of the Hawaii Real Estate Commission, the following course approval has been granted. Provider Approval #1707. Course Approval #C42441.
Contact Us
Education Providers

Preferred Systems, Inc.
1001 State Street, Suite 1400
Erie, PA 16501
Phone: 888.455.7437
info@preferrededucation.com
www.preferrededucation.com
American Dream Real Estate School
1510 Navajo Street
Cortez, CO 81321-2552
Phone: 844.223.7326
info@americandreamreschool.com
https://thriverealestateeducation.com/
Instructor

Todd Cordrey
License Number:  I2189205,I17-0017,4484
Century 21 Golden West Realty
1299 Washington Avenue, Suite 120
Golden, CO 80401
Phone: 303.279.7979
https://goldenwestrealty.sites.c21.homes/
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