Arizona



ALL YOU NEED TO KNOW ABOUT CREDIT SCORES

Class participants will gain an understanding of the credit score, the credit report and how they are important to real estate transactions from a mortgage perspective. 3 CE Credits, General Real Estate


BUYER QUALIFICATION MADE EASY

Upon completion of this course, the licensee will understand the ongoing changes in the mortgage qualification process and the loan programs available to borrowers. This course will enable the licensee to assist in educating consumers about mortgage programs available and assist the licensee to avoid common errors about financing. 3 CE Credits, General Real Estate


CONVENTIONAL FINANCING

Upon completion of this class the real estate practitioner will have a greater comprehension of traditional home loan finance, terms used, impact of credit and necessary documents required of a borrower. 3 CE Credits, General Real Estate


DISCLOSURES & AGENCY ON TRIAL

Class on Risk-Reduction, focusing on Disclosure Issues, Dual Agency and Staying within the scope of employment. The instructor uses a Mock Trial to demonstrate issues that can lead to lawsuits and to provide a fun way to illustrate teaching points. Mock trial will be followed by instructional session. 3 CE Credits, Agency Law


DISCLOSURES: RIGHTS AND WRONGS

Class participants will understand required disclosures and buyer’s rights in the state of Arizona. They will also understand the importance of educating themselves and clients in regards to disclosures and looking for red flags that could become disclosure issues. 3 CE Credits, Disclosure


DODD-FRANK, TRID, THE NEW RULES AND YOU

Class participants will learn about the Consumer Financial Protection Bureau and recent law implementation that impact the real estate industry. 3 3 CE Credits, Real Estate Legal Issues


FHA COMPLIANCE AND THE 203K MORTGAGE

Class participants will learn what a 203k mortgage is, FHA guidelines and legal contracts, why it is a good tool and how and when to implement it. 3 CE Credits, Real Estate Legal Issues


FHA FUNDAMENTALS

To review all recent changes in FHA guidelines and a refresher of relevant loan information specializing in FHA lending. 3 CE Credits, General Real Estate


HOW CREDIT AFFECTS REAL ESTATE EXECUTION

Participants will gain an understanding of current industry trends that influence the lending decision process and learn what mortgage lenders look for and how to correct errors on credit reports. 3 CE Credits, General Real Estate


IMPACT OF CREDIT ON A REAL ESTATE TRANSACTION

To give participants an understanding of what mortgage lenders look for on a credit report, how to correct errors on reports, and how different factors have different effects on the ability to obtain a mortgage. 3 CE Credits, General Real Estate


LEGAL ISSUES IN CREDIT AND REAL ESTATE TRANSACTIONS

To give participants an understanding of what mortgage lenders look for on a credit report, credit scoring and how to read credit reports. This class will also examine how to correct scoring issues and how different factors have different effects on the ability to obtain a mortgage. The Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act will also be discussed. 3 CE Credits, Real Estate Legal Issues


LEGAL ISSUES IN FINANCING ENERGY EFFICIENT HOMES

The class participants will understand the Energy Efficient Mortgage (EEM) and other HUD programs for home financing. Ways agents can use the EEM to address environmental factors will also be explained. The instructors will also cover solar additions in detail and outline the laws and regulations associated with these systems. 3 CE Credits, Real Estate Legal Issues


LENDING STRATEGIES FOR TODAY’S MARKET

Participants will be able to identify and understand niche loan programs available in today’s mortgage market and how they can be applied to today’s real estate offerings. 3 CE Credits, General Real Estate


MORTGAGE TOWN HALL

Class participants will receive an overview of the new rules in finance, as well as a summary of loan programs, interest rates, buying today and credit, with an emphasis on federal and legal regulations. 3 CE Credits, Real Estate Legal Issues


PROFESSIONAL CONDUCT AND THE REAL ESTATE PROFESSIONAL

The class participants will understand the Commissioner’s Standards related to professional conduct and ethics and how they are related to their day-to-day activities as real estate professionals. 3 CE Credits, Commissioner’s Standards


REBUILD, RECYCLE AND RESTART

To give participants an understanding of how a credit score is weighted, what the current lending guidelines are with respect to buyers that had either a short sale, foreclosure and/or bankruptcy and how Realtors need to be aware of the different lending options available to buyers re-entering into homeownership after a financial setback. 3 CE Credits, General Real Estate


RESPA ESSENTIALS

Class participants will gain knowledge of the Real Estate Settlement Procedures Act and understand what they need to be aware of so that violations do not occur. 3 CE Credits, Real Estate Legal Issues


REVERSE MORTGAGES, FEATURES AND LEGAL ISSUES

Upon completion of this course, the licensee shall better understand the features and legal issues of a reverse mortgage loan program and how it is a benefit to their clients. The licensee will be better able to inform senior clients who may benefit from a reverse mortgage. The licensee will understand federal and state regulations and practical considerations dealing with the reverse mortgage purchase program. 3 CE Credits, Real Estate Legal Issues


THE 203K MORTGAGE PROGRAM AND FAIR HOUSING

Class participants will learn how the 203K mortgage program supports Fair Housing regulations, and how other programs can be used collaboratively to support this effort. 3 CE Credits, Fair Housing Issues


THE INS AND OUTS OF THE PURCHASE CONTRACT & HOW TO AVOID LITIGATION

This class will focus on the standard residential real estate contract, including addendums, "AS IS" provisions and the BINSR. The focus of the class will be an in-depth study of the provisions in the contract that if not handled or addressed properly can lead to litigation. 3 CE Credits, Contract Law


TODAY’S VA-UNDERSTANDING VA LOANS IN TODAY’S MARKET

Class participants will understand the VA Loan in today’s market, qualification/legal requirements and how to apply utilization of the VA loan for both purchasing and refinancing. 3 CE Credits, Real Estate Legal Issues


UNDERSTANDING APPRAISALS

Course participants will gain an understanding of the various types of appraisals, appraisal guidelines for different types of loans and appraiser independence issues. 3 CE Credits, General Real Estate


UNDERSTANDING CREDIT AND ITS EFFECT ON REAL ESTATE TRANSACTIONS

Course participants gain a basic understanding of the elements of a credit report, the importance of a credit score and the effects of the report on a real estate transaction. 3 CE Credits, General Real Estate


UNDERSTANDING TODAY’S MORTGAGE LOAN PROCESS

Upon completion of this class, the real estate practitioner will be able to identify different types of loans, as well as the many provisions that apply to these loans, including pre-qualifying for the borrower. 3 CE Credits, General Real Estate


USDA FUNDAMENTALS

This course will review all USDA guidelines and provide a refresher of relevant loan information specializing in USDA lending. 3 CE Credits, General Real Estate


USING THE VA LOAN

Class participants will understand the VA Loan in depth, including who qualifies, how it can be used and the legal requirements. 3 CE Credits, Real Estate Legal Issues


WERE ETHICS COMPROMISED?

This instructor will discuss, how ethics and arbitration hearings work, ramifications and penalties for violations, interplay with the administrative code and here comes the lawsuit. 3 CE Credits, Commissioner’s Standards


WORKING WITH FORECLOSURES: HUD HOMES

The class participants will understand what a HUD Home is, how to buy and sell these homes, their legal requirements and government programs associated with these properties 3 CE Credits, Real Estate Legal Issues


WORKING WITH SHORT SALES: LENDER, BUYER AND SELLER CONSIDERATIONS

The class participants will understand short sale issues and the legal considerations of working with lender, buyers and sellers in the short sale process. 3 CE Credits, Real Estate Legal Issues



Continuing Education credits offered through:


In Arizona:
NOVA® School Of Real Estate
ADRE License # S11-0006

The Dickson Group, LLC
ADRE License #S09-0020

In California, Colorado, Nevada, Texas:
NOVA® Home Loans
education@novahomeloans.com