As the Keller Williams Hollywood Hills in-house lender, HAF’s Fredrik Megerdichian presented an informative class to the realtors last month, discussing the fundamentals of the lending industry and how to streamline the home loan process.
The “Mortgage 101” class focuses on the following key topics:
• Power of a pre-approval
• Criteria for calculating credit scores
• Benefits of owning a home vs. renting
• The best time to buy a house
Fredrik believes that “the nature of the lender-realtor relationship is mutualistic.” The more a realtor understands the mortgage process, the better he/she can support the buyer throughout the purchase. Ultimately, this ensures a smoother transaction and improves the buyer’s overall experience.