Housing Wire

DECEMBER 12, 2023

While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns , a tool more widely used by builders since their business is selling homes and clearing inventory. 2022 to Dec.

Debt-to-income ratio 365

Debt-to-income ratio Loans FHA loan Fixed-rate mortgage 365

Redfin

JUNE 30, 2023

Whether your sights are set on a Ranch-style home in Tulsa or a new-construction in Yukon , let’s break down what a jumbo loan is in Oklahoma, the 2023 conforming loan limits, and what’s needed to qualify for this type of loan. In this instance, you may need to apply for a jumbo loan. What is a jumbo loan?

Debt-to-income ratio 45

Debt-to-income ratio Loans Finance New Construction 45

Redfin

JUNE 30, 2023

Whether your sights are set on a new construction home in Boise or a cabin home in McCall , let’s break down what a jumbo loan is in Oklahoma, the 2023 conforming loan limits, and what’s needed to qualify for this type of loan. If the homebuyer puts down less than 20%, they will likely need to pay for private mortgage insurance (PMI).

Debt-to-income ratio 52

Debt-to-income ratio Loans Finance New Construction 52

Redfin

AUGUST 8, 2023

So whether you’re planning to buy a new construction home in Sioux Falls or a home in Harrisburg , let’s break down what a jumbo loan is in South Dakota, the 2023 conforming loan limits, and what’s needed to qualify for this type of loan. This is especially true in counties with limited comparable property sales.

Debt-to-income ratio 48

Debt-to-income ratio Loans Finance New Construction 48

Redfin

JUNE 30, 2023

Whether your sights are set on a new construction home in Overland Park or a home in Wichita , let’s break down what a jumbo loan is in Kansas, the 2023 conforming loan limits, and what’s needed to qualify for this type of loan. The DTI represents the borrower’s monthly debt payments divided by their gross monthly income.

Debt-to-income ratio 42

Debt-to-income ratio Loans Finance New Construction 42

HomeLight

SEPTEMBER 25, 2023

You can then make a strong offer on your next home with no home sale contingency. A bridge loan for a real estate transaction is a short-term loan that enables homeowners to purchase a new home before their current home sells. That lender may calculate your debt-to-income ratio (DTI) to qualify you for a bridge loan.

Equity 79

Equity Loans Debt-to-income ratio Home sale contingency 79

Realtor.com

NOVEMBER 28, 2022

Getty Images With mortgage interest rates near 7% and home prices hovering at a national median of $425,000, many homebuyers might be wondering how they’ll be able to pay for a property, and searching for ways to reduce costs. A USDA loan is a mortgage that is either issued or guaranteed by the United States Department of Agriculture.

Loans 95

Loans Mortgages FHA loan Debt-to-income ratio 95