Everything You Need to Know About Real Estate Finance to PASS The Exam

Prep for and pass the real estate exam with this real estate finance breakdown! This session simplifies what you need to know for test day with no filler. If you’re overwhelmed by the finance section of the licensing exam, I’ll guide you through the most important topics in a straightforward manner.

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Learn:
– Risky loan features you’ll be tested on.
– When PMI is required and when it disappears.
– How TRID, RESPA, and TILA show up on the test.
– What PITI really means and why it shows up on exams.
– The difference between FHA, VA, and conventional loans.
– How to explain financing to clients even if you’re not a lender.

Chapters:
00:00 – Updates and Exam Overview
03:51 – Real Estate Finance Basics
06:38 – PITI and Loan-to-Value (LTV)
13:46 – Practice Question and PMI
16:55 – Conventional vs. FHA: Practice Questions
20:03 – Fixed vs. Adjustable-Rate and Regulations
24:32 – Risky Loan Features: Practice Question
28:47 – Test Tips

➡️ Study these real estate exam questions about fair housing next: https://youtube.com/live/qcQUra76S6c/

#RealEstateFinance #DeeKumarRealEstate

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