Foundations of Real Estate Finance
Financing is integral to real estate transactions, and the more you know about how buyers qualify, the better you'll be able to help both buyers and sellers in your practice.
Course highlights include:
- Roles and regulations of FNMA, GNMA, FHLMC, FHA, and VA
- Affordability Worksheet, to assist clients in calculating their maximum affordable purchase price
- Homebuyer Do's and Don'ts
- Calculating LTV, front-end and back-end ratios, and monthly mortgage payments
- Details and qualification requirements for several popular financing options
State Requirements For Louisiana
Louisiana State Requirement Details for Real Estate Continuing Education
Renewal Date: 12/31 of each year
- Timely Renewal Period: August 1 – September 30
- First Delinquent Renewal Period: October 1 – November 15 - fees assessed
- Second Delinquent Renewal Period: November 16 – December 31 - fees assessed
Visit LREC's website for more information.
Failure to renew your license by December 31 will result in expiration of your license.
All active real estate licensees must complete 12 hours of approved continuing education coursework, including any LREC mandatory course topic(s), each year to be eligible to renew their license for the next year.
Hours Required: 12 hours
- 4 hours – Mandatory hours
- 8 hours – Elective hours
MANDATORY COURSE TOPIC(S)
2025 Mandatory - Navigating the New Normal
Mandatory course topics must be completed through an approved LREC-certified real estate vendor on or before December 31 as part of the 12-hour continuing education requirement.
Louisiana Real Estate Commission
Address: 9071 Interline Ave, Baton Rouge, LA 70809
Telephone: 225.925.1923 or 800.821.4529
Fax: 225.925.4501