Consumer Guide Update: Mortgages and Financing
As previewed last week, NAR is pleased to share its latest consumer guide focused on mortgages and financing. This guide covers how buyers can finance the purchase of a home, highlighting common types of mortgages, information about down payments, and the difference between federal and private loans.
As a reminder, the guides in this series are available for download—in both English and Spanish—on facts.realtor. Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a running list of the resources published to date:
- NEW: Mortgages and Financing
- Buying Your First Home
- 10 Questions to Ask a Seller’s Agent
- 10 Questions to Ask a Buyer’s Agent
- Listing Agreements
- Fair Housing
- Multiple Listing Services
- Seller Concessions
- Why Am I Being Asked to Sign a Written Buyer Agreement?
- Open Houses and Written Agreements
- REALTORS’® Duty to Put Client Interests Above Their Own
- What Veterans Need to Know About Buying a Home
- Offers of Compensation
- Negotiating Written Buyer Agreements
Thank you for your continued engagement with the “Consumer Guide” series, and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy.
Be on the lookout for next week’s guide on Wednesday, which will cover the role of a REALTOR® between signing and closing.
