Real estate agents... master financing to close more deals...
As a loan officer I see agents giving up on clients because they are not easy to get financing for... or worse the agent does not know about programs that could help their client buy a new home.
They say knowledge is power and when it comes to helping buyer's secure the right mortgage for them... well i certainly agree. Knowing what lender has what program; what programs are out there and how to help your clients apply will let you sell more houses.
You need to know...
- Down payment assistance programs
- How to use a reverse mortgage to buy a new home
- Programs for self-employed buyers (including qualifying programs based upon bank deposits)
- 203K programs
- Special programs for Physicians and other professionals
- Construction loans and how they work
- What lenders have programs for low down payment or credit challenged buyers
- More...
Knowing how to help your buyer get a loan will let you sell more homes and help more buyers. So take the time to learn what you need to know. As always feel free to message me with all your mortgage questions.