Maximum Exposure Real Estate

MARCH 23, 2023

The FHA 203K Loan Explained Over my years as a real estate agent, several home buyers have asked me about buying and fixing a house with one loan. The best method for doing so is an FHA 203k loan. 203k FHA loans are also referred to as FHA construction loans.

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FHA loan Loans Construction Agents 98

Realty Biz

DECEMBER 29, 2021

From finding the right agent to work with , to sorting through listings until you find your dream home, to figuring out innovative ways to keep your costs down , to outbidding all the other buyers in 2021’s red hot market, it’s easy to overlook one of the most important (and most nerve-wracking) aspects of buying a home — the financing.

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Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based based think tank Urban Institute to hear their takes. So it’s kind of a mixed message,” he explained.

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FHA loan Loan Officer Loans Mortgages 369

HomeLight

FEBRUARY 12, 2021

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% FHA loans help make homeownership more accessible.

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FHA loan Loans Pre-approval Pre-qualification 111

Housing Wire

MARCH 22, 2023

Most offers on homes written by Redfin agents in January were not part of bidding wars , which differs significantly from 2021 and early 2022. The less competitive market has also resulted in more buyers using FHA and VA loans. In January, 16% of mortgaged home sales used an FHA loan , up from 13.3% a year prior.

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VA loan FHA loan Loans Mortgages 410

Housing Wire

APRIL 3, 2024

The letter is being sent in response to a series of real estate commission lawsuits and the recent $418 million settlement by the National Association of Realtors (NAR), with the association also agreeing to abolish the “Participation Rule” requiring sell-side agents to make an offer of compensation to buyer brokers.

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FHA loan Finance Loans Agents 427

Housing Wire

FEBRUARY 7, 2023

The mortgage company is also educating agents in its real estate division, Vylla Home , about the details of the program so that they can work with prospective buyers and sellers. Currently, piggyback loans have more stringent credit requirements. And as a result, few mortgage loan officers have experience or comfort with the product.

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Housing Wire

MARCH 12, 2024

“In the past, we never talked about co-borrowers — obviously, husband and wife, you know, that’s your co-borrower,” said Edgar Garcia, a real estate agent at Revolve Realty in El Paso, Texas. As recently as 2018, about 31% of Hispanic home purchase originations were done through FHA, almost twice the rate of the general population.

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FHA loan Loans Finance Lending 458

Realtor.com

AUGUST 1, 2018

Michail_Petrov-96/iStock A few years back, my husband and I got an FHA loan. had recently bought using a Federal Housing Administration loan, and it was working out wonderfully. An FHA loan—which allows the buyer to put down as little as 3.5%—sounded You can’t buy just any house with an FHA loan.

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Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Industrial MLS FHA loan Agents 421

Housing Wire

NOVEMBER 16, 2020

Top five questions to ask a potential real estate agent. The one caveat with FHA loans is that they require a Mortgage Insurance Premium both at closing and as part of your monthly payment. The exact cost of this varies based on your loan balance and down payment. Want to tap into the power of homeownership?

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VA loan FHA loan Mortgages Loans 485

Housing Wire

MARCH 11, 2022

“Most of our loan originators have built referral partnerships over decades in some cases,” Hultquist says of Fairway’s LO corps. And so, they know the local real estate agents. Real estate agents hate dealing with call centers,” he says. So real estate agents automatically get nervous [about a HECM being] an FHA loan.

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Real Trends

NOVEMBER 11, 2022

FHA loans aim to make homeownership possible for borrowers with less-than-perfect credit and without a large down payment requirement. Backed by the Federal Housing Administration, FHA loans have more competitive interest rates, something that could be key for buyers in today’s market. appeared first on RealTrends.

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Finance VA loan FHA loan Agents 106

HomeLight

DECEMBER 5, 2023

Partner with a top agent familiar with assumable mortgage listings HomeLight can connect you with a top real estate agent familiar with assumable mortgage listings in your market. This option can be a boon in a high-rate environment, but buyers still need to qualify under the FHA’s guidelines and gain approval from the lender.

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Housing Wire

MAY 26, 2021

How to defend your team against the top three threats to loan quality. Lenders today need a way to validate the closing agents, ensure the legitimacy of the wire transfer information and confidently fund loans with exacting precision. Here’s how to do just that: Presented by: DataVerify.

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HomeLight

NOVEMBER 6, 2023

Partner with a top agent familiar with assumable mortgage listings HomeLight can connect you with a top real estate agent familiar with assumable mortgage listings in your market. An assumable mortgage allows a buyer to purchase a home by taking over the seller’s existing mortgage loan.

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HomeLight

DECEMBER 8, 2023

Partner With a Top Listing Agent Familiar with Assumable Mortgages Whether it’s to speed up your home sale or transfer your property to a family member, HomeLight can connect you with a top-performing local real estate agent who understands the ins and outs of assumable mortgages. Find Agent What is an assumable mortgage?

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VA loan FHA loan Mortgages Loans 105

Housing Wire

JANUARY 13, 2021

A week ago, it said it will offer 61 basis points on conventional loans through March 8. It’s also offering ultra-low rate mortgages on FHA loans. According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where speed matters.

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FHA loan Inspection Loans Mortgages 395

Lab Coat Agents

FEBRUARY 7, 2023

How To Choose The Right Realtor There are a few things you should keep in mind when choosing a real estate agent. First, you want to ensure that the agent is experienced and knowledgeable about the area in which you are looking to buy or sell. Second, you want to make sure that the agent is someone you feel comfortable working with.

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FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Realty Biz

SEPTEMBER 23, 2023

Are you wondering what to ask a buyer's agent before hiring them? Buyer agents play a crucial role in real estate transactions. 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.

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

HomeLight

DECEMBER 12, 2023

In this guide, we’ll review what it means to transfer a mortgage, helping you make informed decisions about your home loan or home sale. There are certain mortgages that are not assumable [transferable],” says Eric Broesamle , a top Michigan real estate agent who has been helping homeowners for more than 20 years.

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VA loan FHA loan Mortgages Loans 111

Realty Biz

FEBRUARY 28, 2023

Thanks to HUD’s FHA loan policies, homeownership is more accessible to many Americans because lenders are given less financial risk when offering loans to buyers. FHA Loan Eligibility FHA loans are a great option for purchasing a house without spending much money upfront.

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HomeLight

MAY 14, 2024

Step one: Talk to an expert Connect with a top-rated local real estate agent who can help you navigate rent-to-own options near you. Here’s what you typically need for various loan types: FHA loans: Minimum credit score of 580 for 3.5% Get Started What credit scores are required to buy a house?

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VA loan FHA loan Loans Closing costs 64

Housing Wire

MARCH 5, 2024

Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales.

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VA loan Mortgages Loans Agents 440

Easy Agent Pro

DECEMBER 29, 2021

It’s crazy in light of the fact that agents do an amazing job of trying to dispel the myth. In fact, “bad credit home loans,” “bad credit mortgages” and “how to buy a home with bad credit” are up-trending search terms on Google, especially in California, Texas and Florida. This is something agents need to know and to keep current on.

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Agents FHA loan Loans Lending 102

HomeLight

SEPTEMBER 2, 2021

Here, we’ll walk you through one of the best-known and most widely utilized tools that can help get you those keys: the FHA loan. Read on for more about these loans, the down payment assistance programs associated with them, and some different down payment assistance programs to consider when you buy your first home.

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FHA loan Debt-to-income ratio Loans Equity 83

RIS Media

MAY 9, 2022

On a year-over-year basis, total mortgage delinquencies decreased for all loans outstanding. The delinquency rate decreased by 154 basis points for conventional loans, decreased 509 basis points for FHA loans, and decreased 276 basis points for VA loans.

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FHA loan VA loan Mortgages Loans 105

Realty Biz

MARCH 12, 2023

Preparing For an FHA Inspection Before your FHA loan can be approved, your buying home must be inspected and appraised. The FHA wants to ensure the home is worth the money you are willing to pay. Most people do not know there are FHA inspection requirements for appraisals.

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FHA loan Inspection Loans Agents 93

HomeLight

NOVEMBER 29, 2023

Partner with a top agent familiar with assumable mortgage listings HomeLight can connect you with a top real estate agent familiar with assumable mortgage listings in your market. An assumable mortgage is a home loan that allows a new buyer to take over the seller’s existing mortgage instead of obtaining a new one.

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Mortgages VA loan FHA loan Loans 98

HomeLight

AUGUST 21, 2023

Connect with a Top Agent Find proven real estate agents that know your local area, and how to help you prepare for a successful home appraisal. Top-performing agents sell homes faster and for more money. Most home loan lenders will require an appraisal before they’ll finance a home.

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McKissock

NOVEMBER 10, 2020

VA and FHA loans. The post Agents Divulge Which Aspects of Real Estate They Want To Learn More About appeared first on McKissock Learning. Professional designations. How to join organizations. Working with veterans. Mortgage basics. 1031 exchange. Legal protections. Data security. Real estate ethics. Adjustments. Do you agree?

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FHA loan Property Management Agents Commercial 69

HomeLight

DECEMBER 12, 2023

Partner With a Top Agent Familiar With Assumable Mortgages An experienced agent can help minimize challenges and coordinate a home sale between family members. HomeLight can connect you to a top agent with experience in family real estate transactions. Get Started What does it mean to assume a mortgage? “If

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VA loan Mortgages Purchase and sale agreement FHA loan 107

Housing Wire

DECEMBER 28, 2023

Targeting first-time homebuyers Those who catered to first-time homebuyers’ needs – offering Federal Housing Administration (FHA) loans and down payment assistance loans – fared relatively well compared to other colleagues who didn’t expand their target clients. trillion , according to the Mortgage Bankers Association (MBA).

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Loans FHA loan Mortgages Loan Officer 431

HomeLight

DECEMBER 19, 2023

Partner With a Top Agent Familiar With Assumable Mortgage Listings HomeLight can connect you with a top-performing real estate agent who understands the ins and outs of assumable mortgage listings in your market. We’d get in touch with the seller’s agent and lender.”

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The American Genius for Real Estate

JULY 10, 2022

An anti-trust lawsuit is scheduled for trial in 2023 that could impact how real estate agents receive compensation, affecting FHA & VA loans. The post Real estate agents brace for the potential demise of FHA & VA loans appeared first on The American Genius Real Estate.

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VA loan Loans Agents FHA loan 111

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) VA loans are not well understood by many Realtors. When you really know the benefits, you’ll be more of an advocate of these loans both on your buyer sides as well as when you’re a listing agent considering accepting a VA loan.

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VA loan Loans Mortgages Closing costs 421

HomeLight

DECEMBER 30, 2021

We’re breaking down some of the most common questions about first-time home buyer loans with expert help from Richie Helali, a HomeLight Home Loans mortgage specialist. You’ll also need to pay for mortgage insurance (MI) when using an FHA loan, which further protects the lender if you stop making payments on the loan.

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