Real Estate Exam Prep Podcast Por Ran Chen EA CFP® arte de portada

Real Estate Exam Prep

Real Estate Exam Prep

De: Ran Chen EA CFP®
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Real Estate Exam Prep is a daily podcast designed to help future real estate agents pass their licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down the real estate exam into focused, easy-to-digest episodes covering both the national portion and state-specific requirements. Each episode targets one key concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Real Estate Exam Prep was developed from firsthand experience with how difficult—and often poorly taught—exam material can be. The goal is simple: make exam preparation clearer, more accessible, and more effective using structured explanations and modern learning tools. Whether you’re just starting your real estate exam journey or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. Free practice tools, AI-powered explanations, and additional exam prep resources are available at: https://open-exam-prep.com/Copyright 2026 Ran Chen, EA, CFP® Economía Educación
Episodios
  • Real Estate Exam [National] 80, Adjustable Rate Mortgages Explained

    Real Estate Exam [National] 80, Adjustable Rate Mortgages Explained
    Mar 27 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • The total interest rate for an ARM is calculated by adding the variable market index to the fixed lender margin. • In a 5/1 ARM structure, the interest rate is fixed for the first five years and then adjusts every year thereafter. • Interest rate caps like initial, periodic, and lifetime caps protect borrowers from excessive payment increases and payment shock. • Negative amortization is a specific risk where the loan balance increases because monthly payments do not cover the full interest due. • Federal law requires lenders to provide the Consumer Handbook on Adjustable Rate Mortgages (CHARM booklet) to educate applicants. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 m
  • Real Estate Exam [National] 79, Amortization Explained

    Real Estate Exam [National] 79, Amortization Explained
    Mar 26 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • Amortization is the systematic liquidation of debt through regular installments of principal and interest. • In the early stages of a loan, the majority of the monthly payment is allocated to interest rather than principal. • A fully amortized loan results in a zero balance at the end of the term with no large final payment required. • Calculating principal reduction requires finding the monthly interest first by dividing the annual interest by twelve. • Partially amortized loans require a balloon payment because the regular payments do not cover the full principal balance. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 m
  • Real Estate Exam [National] 78, Private Mortgage Insurance Explained

    Real Estate Exam [National] 78, Private Mortgage Insurance Explained
    Mar 25 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • How PMI functions as a lender protection tool rather than a borrower benefit. • The specific Loan-to-Value thresholds that trigger the requirement for PMI. • The difference between requesting PMI removal at 80% LTV and automatic termination at 78% LTV. • How to distinguish between Private Mortgage Insurance and FHA Mortgage Insurance Premiums. • A simple mnemonic to remember the legal requirements for PMI termination under the Homeowners Protection Act. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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    4 m
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