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 North Dakota
North Dakota State Requirement Details for Real Estate Salesperson Continuing Education
Renewal Date: Licenses expire on December 31st of each year. CE must be completed by November 15th of each year.
Current CE Cycle - November 16, 2024 through November 15, 2025
Hours Required by the State: 12 hours
- 6 hours on 2024-2025 mandatory topics
- 3 hours on diversity, equity, and inclusion
- 3 hours on vacant property and other real estate scams and frauds
- 6 hours on elective topics
Note: There is no grace period to complete required CE. If required CE is not completed by November 15, 2025, Licensees must renew as inactive for 2026 to avoid potential disciplinary action. If the licensee renews as inactive due to late completion of CE, the licensee can transfer the license to active effective January 1, 2026, or later, provided CE is completed.
Salespersons first licensed in 2025 are exempt from CE requirements for their first renewal.
North Dakota Real Estate Commission
Street Address: 1120 College Drive, Suite 204, Bismarck, North Dakota 58501
Mailing Address: 1120 College Drive, Suite 204, Bismarck, North Dakota 58501
Telephone: (701) 328-9749
Email: ndrec@nd.gov