Course Catalogue
Hours Cost
Hours CostState Requirements:
All persons licensed as a mortgage broker shall satisfactorily complete fourteen (14) hours of professional education. The course of study shall include at least four (4) hours on the laws in Chapter 494, F.S., and the rules in Chapter 69V-40, F.A.C.
The principal representative, loan originators, and associates of a mortgage lender, correspondent mortgage lender, or mortgage lender pursuant to the savings clause shall satisfactorily complete fourteen (14) hours of professional continuing education covering primary and subordinate financing transactions and appropriate laws and regulations governing such transactions. The course of study shall include at least four (4) hours on the laws in Chapter 494, F.S., and the rules in Chapter 69V-40, F.A.C.
Student Reporting Requirements
In accordance with Rule 69V-40.043(5), F.A.C., a mortgage broker is responsible for maintaining copies of the certificate of completion for all continuing education courses completed and supply them to the Office upon request. Chapter 494.00295(1), F.S., requires that licensees maintain records documenting compliance with this requirement for a period of four (4) years.
The package include the following courses:
- 1031 Exchange
- Florida Mortgage Law
- Real Estate Finance
- Titles & Records
The package include the following courses:
- Closing & Settlement Costs
- Florida Mortgage Law
- Liens, Taxes & Foreclosures
- Real Estate Appraisal
Section 1031 of the Internal Revenue Code allows for a tax deferment on the exchange of "like kind" income-producing property. In essence, an individual may trade an old income-producing or commercial capital asset for a new one of "like kind" without paying tax on any of the gains. Instead, the tax is deferred until the chain of exchanges is permanently broken.
Commercial real property can qualify for a tax-deferred exchange, providing that the transaction is properly managed through the cooperation of many different professionals. This module outlines the uses of 1031 exchanges, covering what constitutes exchangeable property, the definition of "like kind," the roles of different professionals in 1031 exchanges, the benefits and drawbacks, as well as the different types of exchanges commonly used for real estate transactions.
A real estate professional familiar with the Section 1031, its meaning, use and scope, will be able to expand his or her clientele base and will be better equipped to advise investor and commercial clients over the course of their transactions, from the property finding phase through closing.
This purpose of this course is to provide an overview of appraisal review, property underwriting, new construction and rehab lending, and the Florida regulatory study guide.
Chapter 1 - Appraisal Review
This chapter covers the basic principles and concepts of appraising, appraisal documentation standards and guidelines for reviewing the Uniform Residential Appraisal Report (Fannie Mae Form 1004 / Freddie Mac Form 70).
Chapter 2 - Property Underwriting
This chapter, although focusing on Fannie Mae property underwriting guidelines, provides a summary of related secondary mortgage market requirements. The need for careful evaluation of the collateral and occupancy status of the subject property is discussed. An overview of conforming Property Standards and General Property Eligibility issues is provided. There is also a summary of property title issues, property guidelines for Manufactured Homes and issues relating to Miscellaneous Property Types such as cooperative units, mixed-use properties and multiple parcels. At the end of this chapter there is a discussion of Property Flipping and measures that can be taken to prevent this abusive lending practice.
Chapter 3 - New Construction and Rehab Lending
Various types of loans used in the construction industry are discussed including “spec” loans, permanent financing purposes, subdivision projects and custom construction. The required documentation is reviewed including a summary of the process followed by the lender.
Chapter 4 - Florida Regulatory Study Guide
This chapter presents an organized summary of the terms and provisions of the licensing, registration and operational laws and regulations governing the origination of residential mortgage loans in the State of Florida.
Florida Mortgage Brokers-Florida mortgage CE classes
Florida Mortgage Continuing Education School
Florida Mortgage CE
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14 Hrs $99.00
14 Hrs $99.00
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3 Hrs $19.00
3 Hrs $19.00
3 Hrs $19.00
4 Hrs $29.00
4 Hrs $29.00
4 Hrs $29.00
4 Hrs $29.00
4 Hrs $29.00
14.5 Hrs $99.00
Florida Mortgage Brokers-Florida mortgage CE classes
