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Some mortgage companies expanding despite challenges

Housing Wire

Panorama Mortgage Group , a mortgage company headquartered in Nevada, added full-service mortgage lender Rely Home Loans , based in Utah, to the group’s umbrella of brands. Rely Home Loans has plans to expand into Florida and Arizona.

Mortgages 397
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Mortgage Rates 2024: Can Assumable Mortgages Get You a Lower Rate?

Marco Santarelli

An assumable mortgage is a way to take over the existing mortgage on a property instead of getting a brand-new loan. Here's how it works: The seller's original mortgage terms, including the interest rate, loan balance, and repayment schedule, are transferred to you, the buyer.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

Even a brand-new home is often in need of at least one minor repair before closing! In general, acquiring a loan for a short sale home is no different than getting a loan for a standard transaction. You can even get an FHA loan for a short sale , but be aware they have guidelines around this type of sale.

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Understanding the Closing Costs Associated With a New Home Purchase

RIS Media

Some simple rules to remember on the different kinds of loans: – On VA loans, you can ask the seller to pay everything, meaning the buyer is making no down payment and paying no closing costs. For more information on closing costs, loans and refinancing, visit REeBroker Group Loans.

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Assumable Mortgages: What to Know Before Taking Over a Home Loan

Redfin

When it comes to buying a home, most buyers are familiar with securing a brand-new mortgage. Assumable mortgages offer a unique alternative, allowing buyers to take over the sellers existing loan – potentially locking in a lower interest rate and saving money over time. But what about stepping into someone elses shoes?

Loans 31
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Can Assumable Mortgages Offer Hope for Home Buyers in 2025?

Marco Santarelli

An assumable mortgage is a way to take over the existing mortgage on a property instead of getting a brand-new loan. Here's how it works: The seller's original mortgage terms, including the interest rate, loan balance, and repayment schedule, are transferred to you, the buyer.

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Why Purchasing New Construction Can Be a Smart Move for First-Time Homebuyers

Realtor.com

While it’s true that brand-new homes often come with a heftier price tag upfront, these properties can actually end up being a good—even great—deal for first-time buyers. Another benefit of working with a builder’s lender is that the lender is usually well-versed in FHA and VA loan options.