A seller's agent is allowed to help a third party buyer obtain financing?

• A. False
• B. True
• C. Not Enough Information
• D. Sometimes

Answer: (B)

Facilitating financing is part of helping a real estate transaction move forward. A seller's agent can connect a third-party buyer with lenders, help the buyer complete loan applications, and coordinate communications with the lender to keep the process on track. This assistance is allowed as long as the agent does not guarantee loan approval, does not steer the buyer to a lender for improper reasons, and complies with fair housing laws and RESPA rules. So the seller’s agent may indeed help a third-party buyer obtain financing.