If you are a REALTOR then I would just stick with a referral through NAR...

(NAR sought relief from the prohibition against balloon mortgages.)The financing has a fixed interest rate or an adjustable interest rate.

Always disclose that you are a licensed agent & obey the NAR Code of Ethics, and you should be fine.It does create a different set of headaches in that you are held to a higher standard than unlicensed investors.

Now that you are licensed I would highly recommend the NAR library as a resource.4).

I've seen NAR go after anyone for using it though.  

A bunch of my successful Realtor partners, oddly enough, are former LOs.If you are a member of NAR as a Realtor, I would never personally hire you, under any circumstances.

You already know about $500 for the school, you'll also have to shell out for local/state/NAR membership (here in NJ that's about $500 per year - it depends upon your local and state board dues) as well as joining the local MLS - maybe more than one (here is NJ we have 7 separate MLS's - I don't need to belong to all of them but my specific market has 4 that I could join - I have joined 2 for now).

Fully one third of the properties listed on the MLS Don't Sell in normal markets, according to NAR.

NAR's own statistics show 75% of first year agents drop out, and 90% by three years. 

One (in my opinion) is a great marketing tool for NAR that they pulled out of thin air and tried to make us all look like we know what we are doing...the other is how almost everyone talks about us and how we are really viewed.