The Mortgage Report

AUGUST 1, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? Loan options include FHA 203(k), HomeStyle, VA, and USDA, depending on your qualifications. How Much Home Can I Afford? How Soon Can I Refinance? How Often Can I Refinance?

Renovation

Redfin

JULY 30, 2025

Buying your first home is an exciting milestone, from browsing listings on Redfin and touring open houses to imagining life in your new space. But the buying process also raises plenty of questions, and that’s totally normal. If you’re wondering what to expect, you’re not alone. Getting started: Are you ready to buy a home?

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

Factors such as earnest money deposits, loan approvals, and real estate agent involvement should be considered. Can You Submit Multiple Offers On Homes At Once – A Legal & Ethical Analysis Simultaneous offers on homes refer to making multiple offers on different properties simultaneously. What are Simultaneous Offers?

Earnest money deposit

Redfin

JULY 30, 2025

Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home? Let’s get started.

Debt-to-income ratio

Redfin

JUNE 13, 2025

Even with experience under your belt, buying and selling at the same time can feel like a balancing act. In this article: Is it harder to buy a house the second time? How to buy your second house Step 1: Reassess finances Step 2: Sell first or buy first? How to buy your second house Step 1: Reassess finances Step 2: Sell first or buy first?

Debt-to-income ratio

The Mortgage Report

JUNE 12, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? Easier loan approval — disability income counts toward qualification. Disability compensation counts as income — improving your chances of loan approval.

VA loan

The Close

JULY 28, 2025

Portfolio lenders can be an excellent financing option if you’re looking for a source of funding that you can’t get anywhere else, whether it’s because you can’t get approved, or you’re just flat out looking for uncommon terms. You see, portfolio lenders retain loans in-house so they don’t have to worry about third-party requirements.

Pre-qualification

Marco Santarelli

JUNE 28, 2025

It's essential to factor in that for larger loan amounts, many lenders may require a larger down payment or stricter qualification criteria. As of June 28, 2025, the average 30-year fixed mortgage rate has decreased to 6.74% , down from 6.75% in the previous week. The 15-year fixed mortgage rate has fallen to 5.74%.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! This week we’re highlighting the best mortgage blogs from this year!

Finance

The Mortgage Report

JULY 1, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? How Much Home Can I Afford? How Soon Can I Refinance? How Often Can I Refinance? It Is Worth Refinancing For 0.5%? This is the first annual decline in down payments in nearly 2 years.

Loans

The Mortgage Report

JULY 7, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? How Much Home Can I Afford? How Soon Can I Refinance? How Often Can I Refinance? It Is Worth Refinancing For 0.5%? In this article (Skip to.)

Equity

Redfin

JULY 31, 2025

If you’re unsure where to start, check with HUD-approved counseling agencies, non-profit organizations, and local housing authorities to find available courses. They cover topics like budgeting, building credit, mortgage options, house hunting, and closing. Check with your state’s housing finance agency for options.

Purchase and sale agreement

Redfin

MARCH 4, 2025

The difference between these two accounts is that traditional 401(k) contributions are pre-tax, so youll be taxed once taking them out. The difference between these two accounts is that traditional 401(k) contributions are pre-tax, so youll be taxed once taking them out. A 401(k) withdrawal is subject to a 10% penalty and income tax.

Debt-to-income ratio

Marco Santarelli

MARCH 23, 2025

Pre-approval: Before looking at homes, you should get pre-approved for a mortgage. Getting pre-approved generally involves a credit check and providing financial documentation, such as income statements and tax returns. 30-Year Fixed Rate: Currently at 6.51% , a marginal drop to be noted.

Mortgages

BAM Media

FEBRUARY 21, 2025

or The Difference Between Pre-Approval and Pre-Qualification. or The Difference Between Pre-Approval and Pre-Qualification. It is my job to consume a ton of real estate content (unfortunately). Im writing this blog to say: Maybe you shouldnt. Think about why you open Instagram.

Earnest money deposit

Redfin

JULY 7, 2025

Get clear pre-approval: Make sure your mortgage pre-approval reflects your current debts, legal obligations, and post-divorce income so you know what you can truly afford. Whether you’re in Dallas or Orlando , laws and market conditions can affect how, and if, you can purchase a home before your divorce is finalized.

Debt-to-income ratio

Housing Wire

DECEMBER 11, 2024

Pre-screened credit card offers to consumers fall under this definition, CHLA explained, but the application and relevance to the mortgage business is more limited, it argues. But that element, known as the Homebuyers Privacy Protection Act of 2024, was stripped from the fiscal year 2025 NDAA earlier this month. 20, 2025.

Debt-to-income ratio

Housing Wire

MAY 7, 2025

She was a responsible borrower but made a mistake: she had lost track of her student loan payments and was 60 days late. The client, who logged into her student loan portal and made a payment, is now in limbo about whether a new credit report needs to be pulled in her 90-day escrow, the loan officer at Guild Mortgage told HousingWire.

Loans

Keeping Current Matters

JUNE 22, 2021

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. offers for sellers to consider.

Pre-approval

Keeping Current Matters

AUGUST 27, 2020

You may have heard that pre-approval is a great first step in the homebuying process. Pre-approval from a lender is the only way to do this. This paperwork (the pre-approval letter) shows sellers you’re a qualified buyer, something that can really help you stand out from the crowd in the current ultra-competitive market.

Pre-approval

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? But what exactly are they?

Pre-qualification

Housing Wire

JANUARY 18, 2022

” Per the company’s website , it takes five minutes to receive a pre-qualification for a mortgage, though final approval is conditional on finishing the application and providing supporting documents. Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets.

Mortgages

Housing Wire

FEBRUARY 14, 2024

Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

Pre-qualification

Housing Wire

JULY 4, 2024

It may mean drilling down and familiarizing yourself, and your potential clients, with the ins and outs of credit repair, loan pre-qualification and pre-approval, and even basic personal finance and budgeting. As we celebrate Independence Day this year, it’s natural to reflect on the American Dream of homeownership.

Pre-qualification

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. What to know about a pre-qualification letter.

Pre-qualification

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. That’s a longer program than in most states. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Pre-approval

Housing Wire

DECEMBER 28, 2023

I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Don Monson, branch manager at Sente Mortgage , said of the challenges he faced in 2023. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage.

Loans

Housing Wire

DECEMBER 29, 2023

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Choosing one of the best online real estate schools in California is your first step to joining our vibrant industry, and it’ll set you up for success for the state’s real estate exam.

Pre-approval

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.

Pre-approval

Housing Wire

MAY 12, 2022

But it’s also possible for a homebuyer to apply and receive approval on a mortgage loan without them ever actually speaking with another human. But it’s also possible for a homebuyer to apply and receive approval on a mortgage loan without them ever actually speaking with another human. Rates are rising. Refinances are falling.

Lending

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. The actual professionals who many states call “brokers,” however, are called “managing brokers” in Illinois. 2] DID YOU KNOW?

Agents

Realtor.com

JANUARY 16, 2023

“While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? To me, it’s that important.”

Mortgage pre-approval letter

Housing Wire

AUGUST 31, 2020

In creating its AutomatIQ Borrower solution, CoreLogic aimed to provide one consistent, objective and transparent workflow that lenders could leverage to validate applicants from pre-qualification to closing. And it’s Day 1 Certainty approved.”. For example, like other providers, we offer instant employment verification.

Pre-qualification

Housing Wire

APRIL 22, 2024

Starting from: $ 235 Visit OnlineEd Also Popular Kaplan Real Estate Education Best for career mentorship Pre-recorded video content led by experienced industry leaders. The best real estate classes in Washington will equip you with the knowledge and skills to pass the state exam and confidently begin a new career. out of 5 stars Rating: 4.5

Pre-approval

Housing Wire

MARCH 26, 2025

Youll need to complete 60 hours of pre-licensing education to be eligible to sit for the real estate exam. This flexible learning format ensures that students complete their pre-licensing requirements with the confidence they need to sit for the state and national exams.

Pre-approval

Housing Wire

NOVEMBER 17, 2023

To get your license, you’ll need to complete 168 hours of prelicensing coursework at an accredited and approved school. Your real estate career in picturesque Colorado is an exciting adventure waiting to unfold. We’re here to guide you in finding the best Colorado real estate school for your needs.

Pre-approval

Toronto Realty Blog

OCTOBER 19, 2022

Should Prospective Tenants Be “Approved” Before Viewing Properties? Here’s an example: I don’t know how any tenants can be “pre-approved” without it being discriminatory in some way. Should Tenants Be “Screened” To Determine Candidacy? Screening them. They are right.

Pre-approval