Course Description: 

In the pursuit of closing the housing gap and promoting equal access to homeownership, Realtors® play a crucial role in helping consumers overcome credit barriers. This class on Credit Karma is specifically designed to empower Realtors® with the knowledge and skills to support consumers in navigating credit challenges and achieving their homeownership goals. By focusing on the consumer perspective, Realtors® will learn how to effectively leverage Credit Karma to remove credit barriers and facilitate successful real estate transactions.

This class will equip Realtors® with the knowledge and skills to effectively leverage Credit Karma, analyze credit barriers, and support consumers in overcoming credit challenges.

Learning Objectives:

-   Understand the role and importance of credit reporting agencies in the real estate industry, including their impact on loan eligibility and financing options.

-  Identify the common credit barriers that can hinder consumers' access to homeownership.

-  Gain knowledge of the Electronic Funds Transfer Act (EFTA), the Truth in Lending Act (TILA), the Fair Credit Reporting Act (FCRA), and the Electronic Funds Transfer Act (EFTA)

- Learn the best practices for utilizing Credit Karma effectively as a tool for assessing clients' credit health, analyzing credit reports and scores, and identifying potential risks or red flags that may impact real estate transactions. 

- Learn how to use credit, monitor credit, and improve credit scores.

- Utilize Credit Karma to assess credit reports and scores and identify potential barriers.

This course is approved by the MN Commissioner of Commerce for 2.5 hours of Real Estate Continuing Education Credits.

Member Price: $42.00/ Non-Member Price: $55.00