College Catalog Cover Design 2 - Pima Community College

RLS 205 Real Estate Finance
3 cr. hrs. 3 periods (3 lec.)
Overview of real estate finance from the viewpoint of the home mortgage loan officer. Includes factors affecting the
mortgage market, sources of mortgage funds and lending criteria, secondary mortgage market, Federal Housing
Administration, Veterans Administration, other government programs, types of mortgages available, legal instruments and
procedures, mathematical calculations, loan processing and closing, default and disclosure, other financing, real estate
taxation, and careers in real estate finance.
Offered: May not be offered this year, check class schedule.
RLS 207 Loan Originator Licensing
3 cr. hrs. 3 periods (3 lec.)
Overview of loan originator requirements for licensure. Includes U.S. historical aspects of the mortgage lending industry,
the secondary market, public policy and congressional action, Federal laws, disclosure requirements (including RESPA,
ECOA, HOEPA HMDA, CRA), obligations of the Mortgage Banker and Mortgage Broker to the borrower, cannons of business
ethics, types of appraisals, appraisal independence, and problems with appraisal fraud and lending fraud. Includes
conventional, FHA, VA, fixed and adjustable rate loans structure and qualification criteria. Also includes Arizona laws
pertaining to the licensing of mortgage bankers and mortgage brokers.
Information: Preparation for the Arizona licensing exam for all loan originators.
Offered: May not be offered this year, check class schedule.
RLS 210 Real Estate Investing Tools
3 cr. hrs. 3 periods (3 lec.)
Overview of real estate investing from the viewpoint of a small Arizona investor. Includes real estate features and
vocabulary, long term wealth and cash flow, types of real estate, real estate mechanics, tools for finding great deals, and
goal planning and modeling.
Recommendation: Basic proficiency in using the Internet and Excel.
Offered: May not be offered this year, check class schedule.
RLS 252 Advanced Appraisal Techniques
3 cr. hrs. 3 periods (3 lec.)
Analysis of data on income-producing properties. Includes rationale for income capitalization approach, income
expectancy, relationship of income and value, analysis of market evidence, direct and yield capitalization, mathematics of
finance, mortgage and equity contributions, mortgage-equity capitalization, discounted cash flow analysis, and critique of
the internal rate of return.
Information: RLS 202 or consent of instructor is required before enrolling in this course.
Offered: May not be offered this year, check class schedule.
Religion
For courses numbered 098, 198, 298, see “Topic Courses” on page 292
REL 119 Judaism, Christianity, and Islam
3 cr. hrs. 3 periods (3 lec.)
Introduction to the three major western religions. Includes nature of religious belief, development of Judaism, teaching of
Judaism, festivals and rituals of Judaism, development of Christianity, teaching of Christianity, Christian festivals and
rituals, development of Islam, teachings of Islam, Islamic festivals and rituals, and common heritage, emphasis, and
variations of Judaism, Christianity, and Islam.
Offered: Fall, Spring.
REL 130 Asian Religions
3 cr. hrs. 3 periods (3 lec.)
Religions of India and the Far East. Includes Hinduism, Buddhism, and East Asian religions.
Offered: Fall, Spring.
REAL ESTATE — RELIGION
REL 140 Philosophy of Religion
3 cr. hrs. 3 periods (3 lec.)
Introduction to Western philosophical methods as applied to religion. Includes philosophical method, nature and meaning
of religion and God, classical arguments, faith and reason, theodicy, mysticism, and the impact of religion on ethics,
psychology, and law.
Information:
This is not a world religions class.
Same as PHI 140.
Offered: Fall, Spring, Summer.
Pima Community College Catalog 2011/2012 540