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Patton Gade, top LO for VA loans, heads to UMortgage

Housing Wire

” A spokesperson for loanDepot wrote to HousingWire that the company has a tradition of attracting and developing ‘top-notch talent.’ million in VA loans, enough to become the top VA loan officer in the country, according to the Scotsman Guide. million in VA loans (77% of the total).

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loanDepot hires military advocate Bryan Bergjans

Housing Wire

Department of Veterans Affairs (VA) space. Before that, Bergjans spent eight years at Caliber Home Loans , including stints as national director of military and veteran lending and as head of retail business development. Bergjans joined the company this month as its national director of military growth and strategy.

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An agent’s crash course to VA loans

Real Trends

Vetted VA’s Chris Griffith says, ‘tap, rack, bang,’ is a statement all Marines know by heart. In the housing industry, agents need to develop their own muscle memory reaction to changing circumstances, new obstacles and shifting markets in order to stay in the fight. Vetted VA seeks to change that narrative. said Griffith.

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VA issues temporary fix to allow buyer-paid broker fees

Housing Wire

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. ” The VA also clarified that veterans can still ask sellers to cover these fees. ” The circular is effective Aug.

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US Senate committee approves full funding for Ginnie Mae

Housing Wire

Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae.

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How real estate professionals can help first responders buy a home

Housing Wire

These loans have lower down payment requirements and more forgiving credit requirements. Requirements for these loans are typically: -Two years of stable employment, ideally at the same job. Ask your professional loan originator for the details and refer your clients to someone who specializes in these programs.

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NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions

Housing Wire

Department of Veteran Affairs (VA) to revise its policies that ban veterans from paying broker commissions, an issue that is gaining attention following the NAR’s landmark $418 million settlement. The currency policy will put VA buyers on the sidelines, especially in a market with already tight inventory, Sears pointed out.

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