Do you know al the types of loan product in the market place? Well as a real estate professional we may know all different types of loans maybe some of the requirements. But many of the buyers don't have that information because simply they done see it on the daily basis like we do. So please agents, take a moment to educate your buyer.
There are different types of buyers. Some of them trust you so much they go with whatever information you give them. Other, take it at hearth. They look at every single line in the loan estimate and they questions almost every figure. So my advice to you is before asking the buyer to fill out an application, please review the most popular loan in the market place so the buyers will not be surprise.
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