For many agents, dealing with the lending side of the business can be confusing. Though your clients will be working with a lending professional, they’re going to expect you to help them with all aspects of homebuying and selling. That includes understanding the basic home loan types, terms and processes. You need to know what it takes to watch over the loan process so your client knows that you always have their back. In this course, we’ll walk you through the core principles of lending.
- How to get clients prequalified
- The most common types of home loans
- What goes into a monthly payment
- What it takes to buy a home from a lender’s perspective
- Which documents buyers need to provide
- The processes from application to loan approval
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- Learn the foundations of lending.