This week, our readers share how they’re educating their clients about one of the most important facets of the homebuying process — financing the biggest purchase of their lives.

This month, we’ll talk to mortgage leaders about where the market is headed and how products are evolving digitally to suit buyers’ needs now. We’ll also explore emerging alternative financing options that are changing the game for buyers and sellers. Join us for Mortgage and Alternative Financing Month.

With so many consumers jumping on the opportunity to buy the home of their dreams, agents have to be prepared to not only hold their hands throughout the process of finding said home but also educate them about financing their purchase.

On top of traditional options, homebuyers today also have a lot of financing alternatives to choose from. What are you, as an agent, doing to keep them informed? How are you acting as a point person in connecting them with the right experts and making sure they understand all facets of the homebuying experience?

That’s the question we asked you last week — and here’s what you had to say:

  • Connect them with lenders.
  • Talking to them about the benefits of lower rates.
  • Various.
  • I refer them to three different lenders and tell them to do their own research.
  • Information supplied by company handouts, etc. 
  • I have a network of trusted lenders, including conventional and hard money lenders that I refer my clients to. As a Realtor, I do not advise on lending but leave it to the experts.
  • Providing them with the knowledge I have and then sharing a list of mortgage lenders who are local and can dive a little deeper to answer their concerns.

What did we miss? Please share your thoughts in the comments section below.

Editor’s note: These responses were given anonymously and, therefore, are not attributed to anyone specifically. Responses were also edited for grammar and clarity. Inman doesn’t endorse any specific method and regulations may vary from state to state.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×