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Can Your Condo Developer Stop You From Leasing Your Unit?

Toronto Realty Blog

80%), one of the major banks will finance the project and give the go-ahead to begin construction. No, they can’t put a mortgage on it. How about a brief refresher for those who know what we’re talking about and a quick lesson for those who don’t? A condominium is a corporation. Can the buyer refuse interim occupancy?

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28 real estate niches brimming with potential

Housing Wire

Knowing about saving, budgeting, investing and mortgage financing will serve you well if you want to target renters who want to jump off the hamster wheel of paying rent, and who are ready to dip their toe into owning a property. Target first-time homebuyers by holding live webinars in cooperation with your favorite mortgage professional.

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Despite headwinds, these mortgage companies are hiring

Housing Wire

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Bank, Citi and Bank of America looking to expand the ranks of LOs.

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On Q Financial to form JV with former New Rez partners

Housing Wire

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. HomeCo Partners had created a JV with New Rez , which is permanently winding down.

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NFM CIO Christos Bettios on building AI solutions from scratch

Housing Wire

Bettios has been at NFM Lending for seven years and previously worked at US Bank Home Mortgages and First American Mortgage Solutions. Sarah Wheeler: You’ve been on different sides of the mortgage transaction. He started his career as a developer and spent 10 years as a senior product manager at Fannie Mae.

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The Ultimate Mortgage Loan Documents Checklist For First-Time Homebuyers

HomeLight

The mortgage loan process is pretty messy! Follow the list, and you’ll save yourself a lot of headaches and make the mortgage loan process a lot smoother. Businesses have expenses, which eat into how much you take home and have available to spend on a mortgage. Source: (Mangostar / ShutterStock). Loan application.

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#266: Ask Paula – Your Real Estate Questions, Answered

Afford Anything

Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. They have $80,000 left on the mortgage, and they want to downsize in a few years. If I’m interested in buying this property, would the bank still expect me to put 20 percent down, given that I’ll have instant equity based on the value of the house?

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