This course is LREC approved for 4 hours of continuing education credit.
All Louisiana licensees must complete a minimum of 12 hours of continuing education credit, including the 4 hour mandatory topic.
Details About This Course:
This course is an overview of credit reports and credit scoring and why they are important to a real estate transaction. After the credit crisis of 2008, lenders and finance companies have tightened their standards and expectations for potential borrowers. Understanding the credit score and how it can affect a consumer’s ability to finance a home is a critical piece to the home ownership puzzle. Furthermore, understanding how to improve a poor score and understanding myths about the scoring system are critical to the financial health of real estate customers and clients. Basic knowledge of the scoring system can help real estate licensees better equip buyers and sellers for the complicated realities of financing and insuring their real property assets.