Housing Wire

MAY 16, 2022

Originators need it as a source of opportunity not found in another part of the mortgage sector. Here is where it gets murky – choosing the right non-QM lending partner! Here is where it gets murky – choosing the right non-QM lending partner! Many times, these borrowers have already been turned away by another lender.

Lending 302

Lending Investor Loans Banks 302

Housing Wire

MAY 23, 2023

The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, industry sources reveal, and this new problem, if accurate as alleged, threatens to disrupt future merger and acquisition (M&A) activity in the mortgage-finance industry.

Loans 342

Loans Purchase and sale agreement Due diligence Industrial 342

Housing Wire

SEPTEMBER 20, 2022

With so much changing in the market, it’s no surprise that the risk of mortgage fraud has increased this year. Donna Gibson: QC Ally just returned from the Mortgage Bankers Association Risk Management, QA, Fraud Prevention Forum. These numbers correlate with what we’re monitoring in mortgage fraud.

Loans 300

Loans Marketing Pre-approval Lending 300

Housing Wire

JUNE 30, 2022

An increasingly digitized world has given way to new solutions that are making business easier for everyone, mortgage lenders included. HousingWire : What metrics can lenders use to measure the effectiveness of their fintech solutions? So how are these smart lenders measuring effectiveness of their tech stack?

Mortgages 316

Mortgages Technology Loan Officer Loans 316

Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2 After dropping from $1.2

Loan Officer 370

Loan Officer Loans Equity Mortgages 370

Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Have you budgeted for closing costs? The home-buying journey can seem daunting when questions like these are around each turn. Plus, if you start your research early, you will be much more prepared when the time comes to have a home inspected and appraised. Home Inspection.

Inspection 427

Inspection Closing Closing costs Title search 427

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

Finance 98

Finance Debt-to-income ratio FHA loan Mortgages 98

Realty Biz

AUGUST 20, 2023

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

Pre-approval 94

Pre-approval Debt-to-income ratio Mortgages Loans 94

HomeLight

FEBRUARY 26, 2024

But how do people afford million-dollar homes? In this guide, we provide insights into how you can unlock the door to such a significant investment. In this guide, we provide insights into how you can unlock the door to such a significant investment. How Much Is Your Home Worth Now?

Purchase and sale agreement 100

Purchase and sale agreement Debt-to-income ratio Equity Loans 100

Realty Biz

DECEMBER 4, 2023

Securing a home is a significant milestone, and finding the right mortgage is a crucial step in this journey. In the realm of mortgage marketing, maintaining a professional tone is key to building trust with potential homeowners. By tailoring experiences to needs, lenders can build trust and loyalty.

Mortgages 67

Mortgages Marketing Branding Industrial 67

Realty Biz

SEPTEMBER 23, 2023

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. Understanding the difference between buyer and seller's agents and how buyer's agents are compensated is essential. A few types of real estate agents are vital to understand.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73

Realty Biz

MARCH 30, 2023

Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know. Make sure that you have an objective view of how much money you can allocate. Let's take a closer look.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

Realtor.com

APRIL 27, 2021

iStock One of the biggest hurdles in buying a home is coming up with a down payment—the large chunk of cash that’s typically required to secure a mortgage for a house. Fortunately, most lenders today offer a wide range of down payment options for 5%, 10%, 15%, or 20% of the price of the house. Why big down payments are better.

Pre-approval 124

Pre-approval FHA loan Loans Mortgages 124

Realtor.com

MARCH 8, 2021

When you buy a home, you can usually rely on a standard mortgage to pay for it. But when you build your home from the ground up, a regular mortgage may not suffice. In this installment from our Guide to Building Your Own Home , we’ll cover everything you need to know about construction loans. What is a construction loan?

Loans 120

Loans Construction Land Finance 120

HomeLight

JUNE 9, 2023

Before you make appointments with real estate agents and lenders , you should make sure you’ve taken an honest assessment of your income and expenses so you know just how much home you can afford. Of course, the more you put down, the lower your mortgage payments will be, so it’s important to calculate your budget.

Principal 93

Principal Loans Closing costs Mortgages 93

Marco Santarelli

OCTOBER 14, 2023

The down payment, closing costs, and monthly mortgage payments can all add up to a lot of money. These initiatives encompass a range of financial assistance options, such as down payment assistance , closing cost assistance , and provision of low-interest mortgages. How to Qualify for Government Programs for First-Time Homebuyers?

VA loan 52

VA loan FHA loan Loans Closing costs 52

Realty Biz

JULY 19, 2023

What to Know About Mortgages and Divorce Getting a mortgage after divorce involves several essential steps. First, review your credit score and history to ensure you meet the lender's requirements. Obtain a pre-approval letter from lenders to understand your borrowing capacity.

Mortgages 75

Mortgages Pre-approval Debt-to-income ratio Closing costs 75

Redfin

JULY 11, 2023

In this comprehensive guide, by Redfin, we will delve into ten common questions about mortgages, offering valuable insights and expert answers. What is a mortgage? A mortgage is a loan specifically designed for purchasing a property, commonly a home. How does a mortgage work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

HomeLight

JUNE 19, 2023

If you’re gearing up to buy a home, you might be confused by some of the mortgage terminology you encounter. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Most lenders have them readily available online. But what exactly are they?

Pre-qualification 74

Pre-qualification Pre-approval Mortgages Loans 74

HomeLight

FEBRUARY 14, 2024

This guide provides insights into why you might need to sell quickly, the benefits of various selling strategies, and how to choose the best path. This guide provides insights into why you might need to sell quickly, the benefits of various selling strategies, and how to choose the best path. Don’t worry.

Inspection contingency 72

Inspection contingency Inspection Property Management Sales 72

McKissock

JANUARY 31, 2021

You are one week away from the closing table, and your first-time homebuyer’s lender calls with stressful and unfortunate news. The thing is, it can all be avoided if you do your homework, and here is how. Meet with Lenders in Your Area. Most lenders ultimately have the same goals as you.

Debt-to-income ratio 95

Debt-to-income ratio Pre-approval Pre-qualification Loans 95

Rent, Buy & Sell

JULY 28, 2020

Buying a house is a stressful process, but mortgage advisers can give you great advice and help you land on your feet after securing your next real estate venture. They act as an intermediary between lender and borrower, and can answer critical questions regarding your loan application. What Is The Most Suitable Mortgage For Me?

Mortgages 142

Mortgages Loans Closing Inspection 142

GeekEstate

JUNE 26, 2022

I’m the co-founder and CEO at Landis, a social impact-driven company with a mission to guide renters on their unique path to homeownership. That way, they can then qualify for a mortgage to buy their dream home. We give them a budget to choose a property, and then purchase it for them.

Debt-to-income ratio 123

Debt-to-income ratio Loan Officer Technology Banks 123

Realty Biz

NOVEMBER 29, 2021

In the traditional sense, hard money lending means a lender with a short-term loan to an investor or developer, typically for use as a down payment on a property. In recent years, however, many lenders have begun offering hard money loans that are easier to obtain and have lower interest rates due to changes in lending regulations.

Hard money loan 105

Hard money loan Lending Finance Loans 105

Realty Biz

JANUARY 27, 2023

If you feel like you can not wait any longer to live your dreams, this guide offers tips on turning them into reality. Most lenders will run a credit score rating before approving a loan, so it is best to ensure that your credit score and finances are in good shape beforehand. When not acted upon, dreams can remain just that; dreams.

Pre-approval 82

Pre-approval Finance Closing Loans 82

Point2Homes

DECEMBER 7, 2020

If your ability to afford the mortgage payments on the home you want to buy is causing you concern, buying a foreclosure home may make a lot of sense. If a homeowner fails to keep up with their mortgage payments, the lender can begin foreclosure proceedings, and the sale of foreclosed homes can sometimes be a bargain to home buyers.

Debt-to-income ratio 118

Debt-to-income ratio Pre-approval Inspection Inspection contingency 118

Windemere Selling

JULY 12, 2023

Not only will they conduct a Comparative Market Analysis (CMA) to set a competitive price for your home, but they also know how to market it effectively, they’ll negotiate on your behalf, and they’ll guide you through the process of finalizing the transaction. Selling a home is not a solo endeavor.

Pre-approval 74

Pre-approval Title Staging Inspection 74

Point2Homes

JANUARY 19, 2021

Military personnel past and present are eligible for a VA mortgage, helping them get a foot on the property ladder. But what exactly is a VA mortgage and how do they work? In this guide, we’ll find out, while looking at some of the pros and cons as well. How Does a VA Mortgage Work? No Down Payment.

VA loan 104

VA loan Mortgages FHA loan Loans 104

Realty Biz

APRIL 20, 2022

Mortgage brokers serve as a conduit between customers and lenders, and they can make a significant difference in your search for the ideal loan. Thus, working with a mortgage broker can benefit you in many ways. Mortgage Brokers Help You Find The Best Mortgage Deals.

Mortgages 94

Mortgages Loans Lending Development 94

HomeLight

MARCH 23, 2023

Identifying your family’s priorities How can both spouses best work together to meet the common goal of selling/getting the most for the home? How long will it take to find those accommodations? Who’s responsible for choosing the real estate/closing attorney? Who’s responsible for choosing the real estate/closing attorney?

Short sale 85

Short sale Sales Agents Inspection 85

Marco Santarelli

OCTOBER 7, 2023

These scores are a crucial measure of your creditworthiness, playing a significant role in determining the terms of loans, mortgages, and credit cards you can secure. FICO scores provide lenders with insights into your financial responsibility and reliability. Address these areas diligently to enhance your credit standing.

Loans 98

Loans Finance Mortgages As-is 98

CT Homes

NOVEMBER 17, 2023

This article aims to demystify cash offers, highlighting their benefits and processes, and guiding you through making informed decisions. This article aims to demystify cash offers, highlighting their benefits and processes, and guiding you through making informed decisions. How Do Cash Offers Work? How Do Cash Offers Work?

Finance 75

Finance Inspection Banks Sales 75

Windemere Selling

JULY 19, 2023

How can you avoid potential selling pitfalls and common buying mistakes? How to Avoid Common Mistakes in Real Estate Common Buying Mistakes #1 Review Your Credit Reports Ahead of Time Review your credit report a few months before you begin searching for homes. Determine how much you’ll pay in taxes monthly and/or annually.

Pre-approval 67

Pre-approval Inspection Closing costs Agents 67

Redfin

AUGUST 10, 2023

A mortgage loan is often the largest and most expensive loan you’ll apply for in your lifetime. There’s one key document you’ll want to gain a solid understanding of when you’re shopping for a mortgage : the loan estimate (LE), also known as a “good faith estimate.” What is a loan estimate or a “good faith estimate”?

Loans 57

Loans Pre-approval Closing costs Title 57

Real Trends

SEPTEMBER 5, 2023

It’s the first step to making your workshop a success, and also influences how you will market your event (more on that below). First-time home sellers might be interested in learning how to prep their homes for sale, while rookie buyers might want a step-by-step outline of the entire process.

Investor 79

Investor Closing Mortgages As-is 79

Real Trends

DECEMBER 5, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. However, a lot of this depends on the homebuyer’s lender.

Lending 89

Lending Agents Loan Officer Pre-approval 89

Realty Biz

MAY 14, 2021

Read our blog for a simple guide on how to get your investment loan. Below is a basic guide to understanding what it takes to get a loan to invest in real estate. If it’s an investment property, the lender may need 30% of the price as a down payment. (1). Most lenders will also review your income and assets.

Hard money loan 82

Hard money loan Loans Equity Banks 82