Five Tips for Helping Clients Buy Their First Home

Financial advisors can be impartial, stress-reducing sources of information.

Whether they are your clients or family members of your clients, there is a good chance some younger adults will eventually need your advice on buying their first home.

These five tips can help them achieve the proverbial “American Dream” without going crazy or going broke. In the future, we’ll cover what they need to know when choosing a home. But first let’s start with the most crucial issue: the mortgage.

 

Kevin McKinley is principal/owner of McKinley Money LLC, an independent registered investment advisor. He is also the author of Make Your Kid a Millionaire (Simon & Schuster).

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