Who Does What?

January 21, 2020

The success of your homebuying experience depends largely on the company you keep. As you set out to find the right home, be sure to select experienced, trusted professionals who will help you make informed decisions and avoid any issues along the way.

Your homebuying team will likely include a housing counselor, real estate agent and lender – each performing different, but complementary roles. Before you select your homebuying team, take the time to fully understand each of their specific roles and responsibilities.


Housing Counselor

Real Estate Agent


Provide money management skills



Help you build and improve your credit




Assess your readiness for homeownership


Educate you on down payment options



Help you find a home that’s right for you



Provide information about neighborhoods



Manage purchase negotiations with the seller



Help you complete your mortgage loan application



Determine how much you’re qualified to borrow


Educate you on rates, points and general mortgage terms


Help you understand financing options



Ensure you understand all costs related to your loan


Help you understand documents you’ll sign

Represent you at Closing



There are other professionals who’ll be involved in your home purchase – including your loan officer, home inspector and home appraiser – but your core team will manage those relationships and associated tasks.

Remember, your team is there to help ensure success with one of the largest purchases of your life – don’t be afraid to reach out and ask questions along the way. For more information on buying a home visit My Home by Freddie Mac®.