Oklahoma Real Estate Continuing Education PMI and Alternative Financing

PMI and Alternative Financing

15.00 15.00
$15.00
PRICE PER USER
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  • Course Delivery: On Demand
  • Credit Hours: 3
  • Credit Type: Elective
 

Description

Private Mortgage Insurance (PMI) is insurance on conventional loans indemnifying the lending institutions against default on the mortgage by the borrower. This course teaches the professional the following topics: Development of Mortgage Insurance, Underwriting Mortgage Guaranty Insurance, claims, reserve requirements, coverage, private mortgage insurance premiums, alternative financing techniques, seller financing, wraparound mortgage, contract for deed and lease with option to purchase.

 

Course Objectives

Upon completion of this course, the student will be able to:
- Understand what Private Mortgage Insurance (PMI) is
- Learn how mortgage insurance got developed and alternative financing techniques

 

Regulatory Information

PMI and Alternative Financing - Oklahoma Real Estate Commission

  • Name:
  • Oklahoma Real Estate Commission
  • Phone:
  • 405-521-3387
  • Fax:
  • 405-521-2189
  • Website URL:
  • http://www.ok.gov/OREC/index.htmll
  • Email Address:
  • orec.help@orec.ok.gov
  • Address:
  • 2401 N.W. 23rd Street, Suite 18 Shepherd Mall
  • City:
  • Oklahoma City
  • State:
  • OK
  • Zip:
  • 73107
 

End of Course Instructions

Once you have completed this continuing education course you return to your student profile page where your Certificate of Completion is available for printing. Please keep a copy of your certificate for your own records.

 

Quiz Information

You are required to pass the quizzes to move on to the next lesson.

 

Exams

You will be required to pass the final exam with a 70% in order to receive course credit.

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