California Real Estate Finance

California Real Estate Finance is a comprehensive, career-focused textbook designed for students preparing to enter California's real estate and mortgage lending industries. Authored by industry veterans Robert Rico, Carolee Rico, and Chase Milner, this book aligns with the educational requirements of the California Department of Real Estate (DRE) and provides essential financial knowledge for licensing, lending, and real estate transactions.Students will explore the core principles of real estate finance-from the history of lending and the role of government agencies to the structure of mortgages, qualifying borrowers, underwriting, credit scoring, and loan programs such as FHA, VA, and conventional loans. The book also provides in-depth instruction on federal and state lending laws, TRID disclosures, escrow procedures, appraisal review, and anti-fraud compliance.With clear explanations, real-world examples, and California-specific legal insights, this textbook equips learners with the tools they need to understand complex financing processes, prepare for the real estate license exam, and operate professionally in today's market.Perfect for classroom use, online learning, and self-study, California Real Estate Finance is a vital resource for aspiring real estate agents, mortgage loan originators, and investors alike.