Utah The Loan – An Overview Utah The Loan - An Overview, The Loan, An Overview, Utah Real Estate Continuing Education, Real Estate Utah The Loan - An Overview provides the student with an overview of the home loan process. Students will learn how to fill out a loan application https://www.repractice.com/real-estate-continuing-education/utah-real-estate-continuing-education/utah-the-loan-an-overview/ 2018-10-12 640 400 repractice.com

Utah The Loan – An Overview

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Utah The Loan - An Overview

Utah The Loan – An Overview provides the student with an overview of the home loan process. Students will learn how to fill out a loan application and what information lenders require. Elements of conventional financing, loan-to-value ratios, and private mortgage insurance will be discussed. Then students will explore commercial loan products, construction loans, special purpose loans, and the loan needs of farmers and ranchers. The course also examines various kinds of alternative financing, adjustable rate mortgages, FHA and VA loans, purchase money mortgages, wrap-around financing, land contracts, lease/option plans, and other types of creative financing.

Requirements for Completing Utah The Loan – An Overview

There are three important steps to completing a course:

  1. Complete ALL lessons in the course by answering each question correctly at least twice. Most questions are timed and need to be answered within the prescribed time for credit. A lesson is not complete until it is checked off on the main menu.
  2. Once you have completed the lessons on the computer, you must submit a signed “Student Affidavit” that you personally completed the entire course yourself. Under state law, this Affidavit must be received before a Course Completion Certificate can be issued or your course completion can be electronically reported to your state (if applicable).
  3. If a final exam is required, you must schedule a proctored exam (or take an online exam if available in your state) and pass the exam (please see “State Requirements” page for the specific passing score required in your state.) (The “Course Available” page will indicate which courses require a final exam, and whether they require a proctor or are available online.)

Once these three steps have been completed, we will issue a Course Completion Certificate or electronically report your course completion to your state (if applicable).

Getting Credit for Completion

You may have up to two opportunities to pass the exam (depending on your states guidelines). Once all course requirements are completed, you will be issued a Course Completion Certificate or your course completion will be electronically reported to your state (if applicable). It will be mailed to you via the U.S. Mail. The Certificate will be placed in the mail within 3-5 business days after you have satisfied all course requirements.

Renewal Deadlines: Every 2 years in the month of licensure. Click here for Regulator Website

Course Information

$60 $54.00

Course Duration: 6 hr

Course Delivery Method: Online

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