article thumbnail

Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

article thumbnail

Mortgage infrastructure platform Pylon raises $8.5M in seed round

Housing Wire

million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. The built-in underwriting logic aims to deliver quick and accurate decisions to borrowers with maximum affordability approvals and automated tasking. Startup Pylon raised $8.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech startup Tomo breaks into jumbo mortgages

Housing Wire

Schwartz in a statement said that this expansion “is proof that there’s tremendous appetite for what we’ve built – a digital experience, designed from the ground up to meet the needs of homebuyers today.”. The mortgage is the catastrophe of the real estate transaction,” added Schwartz.

Mortgages 331
article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

A state-approved real estate school in Illinois, the CE Shop is constantly updating its course material to stay on top of industry changes. Participants choose from designated class dates. Visit Website Overview According to Net Real Estate School, it offers the lowest priced state-approved education in Illinois.

HR 401
article thumbnail

5 best Arizona real estate schools for 2024

Housing Wire

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Course Options See Details Pricing AceableAgent’s prelicensing classes are ADRE-approved 90-hour real estate courses.

HR 347
article thumbnail

Cheapest Way to Buy Land and Build a House

Marco Santarelli

These include: You can customize the design of your home to your specific needs and preferences. Choose a smaller home design. Get financing from a local bank. Local banks may offer lower interest rates and better terms than national banks. Get pre-approved for a mortgage. Negotiate with the builder.

Land 52
article thumbnail

Five Types of Forclosure and Tips for Purchasing Each Type

Realty Biz

Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Bank-Owned Properties.