Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

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Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. Second, it allows you to tailor your offer to each individual house you put an offer on.

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Keeping Current Matters

DECEMBER 1, 2021

Pre-Approval: the Best Opening Play To Make as a Homebuyer. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? Bottom Line.

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Housing Wire

APRIL 4, 2022

million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 The purchase price “represents a $72.5 Presented by: 1000watt.

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Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.

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HomeLight

OCTOBER 27, 2020

Do you know the difference between pre approval vs pre qualified when it comes to mortgage loans? Marcus Rittman, director of mortgage operations at HomeLight Home Loans, has seen that “the catalyst for most homeowners wanting to get approved for a mortgage is finding a home that they love.”

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Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents. TikTok, Facebook and LinkedIn.

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HomeLight

JUNE 19, 2023

Like pre-qualification or pre-approval. 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. Learn More What’s a pre-qualification? And voila, within minutes, you have a pre-qualification.

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Lighter Side of Real Estate

SEPTEMBER 12, 2023

If you’ve been searching for a house for any amount of time, you’re probably well aware of how important it is to get a mortgage pre-approval before you even start looking at houses, or at least as early on in the process as possible. When Should You Update Your Pre-approval? Pre-approvals aren’t good forever.

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First Team Real Estate

AUGUST 31, 2020

If you’ve read any tips for homebuyers then chances are you’ve heard that you need to get pre-approved for a mortgage loan. The question is – how exactly do you get the pre-approval? Here are the steps you need to take to get pre-approved for a mortgage loan and the most important facts you need to get you there.

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BAM Media

APRIL 3, 2025

But since Mohtashami cant be everywhere at once, every agent should be prepared to do their part to fight the rampant misinformation online, as well as one client at a time. So, it shouldnt surprise anyone that Mohtashamis top advice for real estate agents is this: Learn how to talk to your clients with data. Most decline.

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Keeping Current Matters

DECEMBER 14, 2021

AJ Barkley, Head of Neighborhood and Community Lending for Bank of America , says : “Achieving this goal can create a sense of pride and accomplishment that resonates both for the buyer and those closest to them, including their parents and future generations.”. For first-generation homebuyers, that feeling of accomplishment is even greater.

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Housing Wire

DECEMBER 6, 2022

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

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Marco Santarelli

FEBRUARY 7, 2025

While market adjustments are always possible, the key differences in supply and demand, lending practices, and overall market psychology make a repeat scenario highly unlikely. Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era. months This difference in inventory is crucial.

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Housing Wire

APRIL 18, 2023

Now that the market has turned, do you see any challenges for your purchase call center agents ? Because there are retail LOs building that in-person relationship with their real estate agents and financial advisors. The call center is going to be the in-market agent’s best friend.

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BAM Media

MARCH 10, 2025

This move aims to integrate Rockets mortgage lending with Redfins home search and real estate services, making it easier for people to buy and finance homes in one place. The deal is expected to close in the second or third quarter of 2025, pending shareholder and regulatory approvals. billion all-stock deal.

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Housing Wire

AUGUST 29, 2022

On top of competitive rates, getting approved for a mortgage has to be an easy and quick closing process for the customer, said Kevin Leibowitz, CEO of brokerage Grayton Mortgage. Using artificial intelligence, Bolt allows brokers to do a pre-underwrite, which an underwriter looks at within four hours or so, according to Hussam. “I

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Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Step 1: Get pre-approved for a mortgage. Your first step shouldn’t be to check out homes; it should be to get mortgage pre-approval from a mortgage lender or broker. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

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Lab Coat Agents

MARCH 10, 2025

The Moxie Mortgage Advantage Moxie Mortgage was created to help agents offer more value to their buyers by offering virtually any mortgage product at highly competitive pricing. By leveraging wholesale lending partnerships, Moxie Mortgage can provide lower interest rates and better loan options than traditional retail lenders.

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BAM Media

MARCH 31, 2025

This move is set to create a lending and servicing giant that will oversee more than $2.1 Expected closing : Q4 2025, pending regulatory and shareholder approval. Its about scale, efficiency, and leveraging technology to reshape mortgage lending. Rocket Companies (NYSE: RKT) just announced a $9.4 NASDAQ: COOP). billion deal.

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Real Trends

DECEMBER 5, 2022

To get into an agent’s circle, an LO has to be a good communicator, see problems before they manifest and communicate whether the news is good, bad or ugly, agents said. In turn, real estate agents are doing everything they can to ensure they get their clients into their home of choice.

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Realtor.com

NOVEMBER 28, 2022

designer491/Shutterstock What is a pre-qualification letter? I tell most people they can take that pre-qualification letter and throw it in the trash,” says Patty Arvielo , a mortgage banker and president and founder of New American Funding, in Tustin, CA. So is it worth pursuing pre-qualification before bidding on a house?

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Marco Santarelli

APRIL 23, 2025

The Fed sets the federal funds rate, which is the rate banks charge each other for overnight lending. Lenders add this “spread” to cover their costs and the risk of lending money. The Federal Reserve (The Fed): This is the central bank of the United States, and it plays a major role.

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Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. When we had agents, we were not large enough to provide the consumer full coverage [geographically].

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Debt-to-income ratio Technology Mortgages Pre-approval 370

Realtor.com

JANUARY 7, 2021

Although this is a major milestone on the march toward closing, there are many points where this deal can go off the rails—like if you find out your home buyer wasn’t approved for a mortgage. Why home buyers aren’t always approved for a mortgage. Still, pre-approval is not a guarantee that a buyer will get a loan.

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HomeLight

APRIL 4, 2025

Well walk you through the pros and cons of an immediate cash offer and explore how it might compare to working with a top-performing real estate agent. Buyers have the cash funds readily available to purchase your property, eliminating the need for lengthy mortgage approvals. How does it work?

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Realtor.com

AUGUST 6, 2020

Even at the best of times, house hunting comes with lots of built-in stressors, from mortgage approvals to bidding wars and beyond. In many cases, you may have to make do with photos or videos posted by the sellers or their agents. You must work with a real estate agent you trust. That changes the game entirely. realtor.com.

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Point2Homes

DECEMBER 7, 2020

This should show you how much you can afford to spend on mortgage payments and reveal how much a bank is likely to lend to you. The real estate agent you choose to work with is even more important when buying a foreclosure. What’s more, the right agent can also help you find foreclosed homes that you might have otherwise missed.

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Lighter Side of Real Estate

JUNE 26, 2024

They cite a recent survey done by Lending Tree, which revealed that more than half (54%) of recent buyers who needed a mortgage to purchase a home said that they only got a quote from one lender. Getting pre-approved is probably the most important first step any buyer should take in the house hunting process.

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Lighter Side of Real Estate

JUNE 24, 2024

Real estate agents deal with so many different buyers. Well, unless you work in the mortgage business, the odds of you knowing exactly how much you can afford, and whether a bank will actually lend you that amount are pretty slim. Keep an open mind — your dream home might be hiding behind a style you hadn’t considered.

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RIS Media

JUNE 2, 2021

Scott has expanded their relationship with Buyside and brought one of their affiliates, Priority Home Lending, into the partnership. Scott agents. ” Said Chris Lopez, president of Priority Home Lending. According to the company, Buyside helped John L. Our loan officers are looking forward to the new tool.”

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HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Defective paint surfaces in homes constructed pre-1978. of all mortgage originations. A leaking or worn out roof.

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HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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HomeLight

AUGUST 31, 2021

These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. In this article: The value of a real estate agent in buying new construction.

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HomeLight

OCTOBER 27, 2020

The first reason is privacy — you might not want your lending company to have access to all of your financial details, for example. Lending qualifications remain the same whether you’re self-employed or have a W-2, says Sanchez. Step 6: Get pre-approved for a loan. It’s now time to get pre-approved for a loan.

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Debt-to-income ratio Pre-approval Pre-qualification Loans 105

Marco Santarelli

MARCH 22, 2025

This downturn is different for a few crucial reasons: Tighter Lending Standards: Banks have been much more careful about lending since the last crisis. Gone are the days of “no-doc” loans and reckless lending practices. Work with a real estate agent to determine the fair market value in your area.

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Lighter Side of Real Estate

FEBRUARY 13, 2023

You have to go to school and pass a real estate exam in order to become a real estate agent to help people buy a house, but you don’t need to do either of those things as a home buyer. All you have to do is rely on the knowledge and experience of your agent, and you’ll be fine. When should you get pre-approved for a mortgage?

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