Housing Wire

OCTOBER 13, 2022

The firm specializes in asset-backed credit, whole loans and private equity. Capasse sees the headwinds facing the independent mortgage banking industry over the next couple years as being near hurricane-force in their impact. annualized as of August per the Consumer Price Index — as well as fast-rising interest rates.

Mortgages 368

Mortgages Marketing Banks Loans 368

Realty Biz

SEPTEMBER 30, 2023

Mortgage insurance: If your credit score is low, lenders may require you to pay for private mortgage insurance (PMI) to protect their investment in case of default. Longer time to build equity: With a higher interest rate and potentially larger down payment, it may take longer for you to build equity in your home.

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

HomeLight

JUNE 16, 2023

If you’re a homeowner with consumer or student debt, it’s tempting to tap into your home’s equity with a cash-out refinance to pay down these balances. In some instances, prioritizing paying off your high-interest debt over your fixed-rate mortgage can expedite your journey to financial freedom.

Fixed-rate mortgage 61

Fixed-rate mortgage Equity Debt-to-income ratio Loans 61

Real Estate Finance HQ

AUGUST 25, 2017

Credit Score: FHA loans feature very lenient credit requirements; the following score ranges should give you an idea of what you can qualify for: 500 and below: likely cannot get an FHA mortgage. 620 and above: Usually will have their pick of FHA mortgage products and lenders. Mortgage Insurance Premiums. Home Equity Loans.

FHA loan 40

FHA loan Debt-to-income ratio Inspection Loans 40