Recent SemestersFall 2025, Fall 2024Class Size30 studentsCredits3PrerequisiteRecommended Preparation: RE 111 or concurrent enrollment; or California Bureau of Real Estate (BRE) license or equivalent experience; BUS 115 Transfers ToCSUDescriptionor equivalent experience; BUS 115 This course introduces the student to the principles and operations of the mortgage loan brokering field. The emphasis is on the lending rules for residential property. Students learn lending laws of Regulation Z, usury laws, disclosures, maximum fees and charges, agency relationships, advertising laws, Housing and Urban Development (HUD) and Real Estate Settlement Procedures Act (RESPA) calculations and the loan process. This course partially satisfies the California requirements for the Real Estate Salesperson and California Real Estate Broker licenses. 