Housing Wire

AUGUST 13, 2021

Co-led by Tiger Global Management and Caffeinated Capital , Divvy’s latest round raised $200 million in equity, Divvy CEO Adena Hefets told Bloomberg. Despite historically-low mortgage rates in the face of the COVID-19 pandemic, many banks began tightening underwriting requirements for approvals.

Pre-qualification 404

Pre-qualification Pre-approval Equity Finance 404

Redfin

JULY 11, 2023

Government-backed loans, such as FHA or VA loans, provide more flexible qualification criteria and specific benefits. Once the borrower’s equity reaches 20%, PMI can be canceled. These may include proof of income, bank statements, employment verification, credit history, and debt information.

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

APRIL 30, 2022

Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. Type in your address on the site to estimate your home’s value, track equity, calculate potential home sale profit, and view local market trends. Mortgage portals.

Closing 87

Closing MLS Pre-qualification Due diligence 87

HomeLight

AUGUST 31, 2020

And what that pre-qualification entails is asking a series of detailed questions to not only gather as much data and information as I can as far as the who, what, where, and why, you know, somebody’s motivation, what they’re looking to accomplish, timeframes, things of that nature. So it’s a combination of two things.

Pre-qualification 94

Pre-qualification Agents Due diligence As-is 94

HomeLight

MAY 17, 2021

In this week’s episode of The Walkthrough, agent and coach Aaron Novello shares how pre-qualifying sellers has helped his team win 80% of its listing appointments. And then we do send, you know, a pre-listing package prior to connecting. Because what technology has done is it’s changed our expectations. None of that.

Pre-qualification 60

Pre-qualification Agents As-is Due diligence 60