30-Hr. TX Real Estate Finance Course
This 30-hr course covers real estate finance in Texas. The course helps prepare you for the Texas licensing exam, as well as provides the foundation knowledge necessary to be a successful real estate Sales Agent.
To apply for a Texas Real Estate Sales Agent’s license, you need to complete six courses (180 credit hours): Principles of Real Estate I (30 hours), Principles of Real Estate II (30 hours), Law of Agency (30 hours), Law of Contracts (30 hours), Promulgated Contracts and Forms (30 hours), and Real Estate Finance (30 hours). This course covers the 30 hours of content required in the Real Estate Finance courses, as stipulated by the Texas Real Estate Commission (TREC).
The course covers 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, community reinvestment laws, and state housing agencies.
State Requirements For Texas
Texas State Requirement Details for Real Estate Pre-Licensing Education
Please Note: A criminal conviction may affect a student's ability to become licensed. If a student has committed criminal offenses, has unpaid judgments, etc., the student may request a Fitness Determination (FD) from TREC prior to filing an application. This step may save time in pursuing a license if the student does not satisfy TREC’s qualifications for honesty, trustworthiness, and integrity. See TREC's Fitness Determination page for more information.
Hours Required by the State: 180 hours
- 30 hours in Principles of Real Estate I
- 30 hours in Principles of Real Estate II
- 30 hours in Law of Agency
- 30 hours in Law of Contracts
- 30 hours in Real Estate Finance
- 30 hours in Promulgated Contract Forms
Licensing Exam: The licensing exam is administered by PearsonVue. Registration for the state licensing exam is an entirely separate process from proctoring for your course final exam. For instructions to register for your state licensing exam and further information, please click here.
TEXAS REAL ESTATE REGULATORY AGENCY:
Texas Real Estate Commission
Street Address: Stephen F. Austin Building, 1700 N. Congress Ave., Suite 400, Austin, TX 78701
Mailing Address: P.O. Box 12188 Austin, TX 78711-2188
Telephone: 512-936-3000