Real Estate Agent & Loan Processing

Our real estate and loan processing program offers an affordable option to those who need financial help. Cosmotek College offers low cost tuition as well as scholarships and financial aid to qualified students.

Our real estate training program is designed to provide aspiring professionals, as well as anyone wanting to start a new rewarding career, with the opportunity to succeed and grow in the real estate and mortgage industry. We have combined our school integrity, experienced professionals, a successful track record, and corporate support from our business partners to help students achieve their goals. We invite anyone to take advantage of the real estate and mortgage training program to enhance their life to the fullest.

Moreover, the course prepares the students to satisfy the requirements to apply for California Real Estate Salesperson. Refer to this link to learn more. https://www.dre.ca.gov/examinees/RequirementsSales.html

The mortgage financing aspect of the course offers a review of the loan application process, the significance and analysis of a loan applicant’s credit report, the consequence and importance of understanding legal obligations implied in the preparation and submittal of a good estimate. The object of this course is to reinforce existing skills of the practicing loan processor as well as augment skills required to quality and process a loan.

Our real estate & loan processing program offers an affordable option to those who need financial help. Cosmotek College offers low cost tuition as well as scholarships and financial aid to qualified students.

Educational Goals:

Upon completion of this program, students should be able to:

• advise on intrinsic worth of properties and terms of sale
• estimate the current market price and suggest a reserve or minimum selling price
• discuss the method of sale, presentation of the property, costs and inspection times with sellers
• assess buyers’ needs and locate properties for their consideration
• list details of land or buildings for sale and arrange for the advertising of properties
• take prospective buyers to inspect properties
• draw up legal agreements between sellers and buyers
• review initial loan approval and work with borrower to gather appropriate documentation
• collect all required documentation for the loan package
• create a loan submission package for the underwriting department
• submit files to assigned underwriter
• satisfy all conditions when received from underwriter
• ensure that approval falls within the established lending guidelines
• communicate with other professionals, including attorneys, county clerks, escrow companies, title companies, and related third parties.

Careers:

A career as a real estate agent, real estate professional, real estate salesperson, or loan processor provides flexibility and freedom to set your own pace. Successful people in real estate are goal oriented, persevering, self-motivated, ambitious and people oriented. The rewards of a real estate and mortgage lending career are a potential for high earnings, status in the community, autonomy, time freedom, helping people, the intellectual challenge, and the satisfaction from those accomplishments.

Instructional Method:

Our Real Estate & Loan Processing program will be delivered fully online under supervision of a qualified instructor. Students are required to attend scheduled live lecture at least once every week and take a final test at the end of each course. 

The program does not require internships or externships. 

Prerequisite:

None

Distance Education

300 hours(fully-online).

Sessions:

Program start day will be announced two weeks in advance.  

Equipment / Supply List:

Textbook

California Real Estate Principles (latest edition) by Walt Huber. Publisher: Educational Textbook Company

Real Estate Finance (latest edition) by Walt Huber and Levin Messick, Publisher: Educational Textbook Company.

California Real Estate Practice (latest edition) by Walt Huber and Arlette Lyons. Publisher: Educational Textbook Company.

Curriculum:

Course Name	Clock Hours
Real Estate Finance	45
Real estate financing from the viewpoint of borrower and lender, financing mathematics, legal aspects of lending, appropriate financial instruments, taxes and real estate, loan cost analysis, loan valuation, development and insurability. Mortgage markets/institutions considered together with alternative financing techniques for various types of properties. Actual case illustrations will demonstrate lending policies, and problems and rules involved in financing real property, including residential, multi-family, commercial, and special purpose properties.
Real Estate Practice	45
The course furnishes students basic information pertinent to the various aspects as real estate practice – the prerequisites for becoming a broker, the rights, duties, and responsibilities of the broker, the attributes for success in the real estate field, and many available opportunities for the broker in real estate practice. Also included is an introduction to other phases of real estate in which the broker is called upon to function or is otherwise concerned, such as the availability of loan funds, the appraisal process, income tax considerations, escrow and title insurance aspects, and the impact of governmental controls.
Real Estate Principles	45
This is a survey course which includes some fundamental technical skills such as an introduction to cash flow analysis, financing, geographic information systems and valuation concepts. This course analysis the principles of real estate in California, history of California real estate, property, contracts, agencies, listings, real estate financing. It focuses on the housing market, buying versus renting, government policies affecting housing, the office market, and touches upon retail and industrial market trends.
Real Estate Practice & Loan Processing – Case Studies	365
This course is directed toward professional real estate and mortgage aspirants to the field. This course offers a review of the loan application process, the significance and analysis of a loan applicant’s credit report, and the consequence and important of understanding legal obligations implied in the preparation and submittal of a good estimate. Real-life cases in real estate and loan processing will be discussed in depth. The object of this course is to rein force existing skills of the practicing loan officer and / or real estate agent as well as augment skills required to quality and process a loan or sell / buy real estate.