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Use this robust resource full of helpful tips and tools to educate your borrowers.
How to talk to borrowers about MI
Help borrowers understand how mortgage insurance (MI) can be used as a strategic tool that benefits them.
Your conversation about MI could shorten a decades-long wait on their lifelong dream.
As a trusted mortgage professional, you are in a unique position to help your borrowers understand their finance options for homebuying – including the use of mortgage insurance (MI).
Use your role as a trusted advisor to debunk misconceptions about MI and explain how it can be used as a financial tool to their advantage.
Need inspiration? These talking points can help you guide discussion with your borrowers.
Talking points for your borrowers who want to…
Expand cash flow options
A smaller down payment allows borrowers to keep cash for other purposes.
Now we’re talking!
By sharing your expertise and showing your borrowers all their options, they’ll know you’re working in their best interests. Even if they decide not to use MI, you’ll earn their trust and referrals.
Resources to support your conversations
Down payment options
Explains mortgage options that might help borrowers find more down payment funds or put less down.
The scoop on MI
Mortgage insurance allows your borrowers to put less than 20% down on a house. This shareable outlines the basics.
How to cancel mortgage insurance
Share this simple guide to explain when and how your borrowers can cancel mortgage insurance.
The truth about 6 common mortgage myths
This handy guide is chock-full of facts to help you debunk the 6 most persistent myths today's homebuyers believe.
Show your borrowers the value of MI
This brief video can help your borrowers imagine the possibilities that MI affords them. Watch and share the video with them via YouTube.
Speaking of resources...
Buy Now vs. Wait Calculator
Should first-time homebuyers wait a few more years to save up for a big down payment? Or is it smarter to buy right now?
Host your own homebuyer seminar
Attract and build relationships with prospective homebuyers by helping them understand the homebuying process.