Realtor.com

MARCH 12, 2021

Getty Images Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet. First find the difference between your current mortgage rate and the potential savings of a refinance offer. What if closing costs are too high?

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will impact the pricing structure of mortgages for borrowers.

Mortgages 98

Mortgages Debt-to-income ratio Loans Finance 98

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. .

Finance 106

Finance VA loan FHA loan Agents 106

Redfin

JULY 11, 2023

In this comprehensive guide, by Redfin, we will delve into ten common questions about mortgages, offering valuable insights and expert answers. What is a mortgage? A mortgage is a loan specifically designed for purchasing a property, commonly a home. How does a mortgage work? What are the different types of mortgages?

Pre-approval 59

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

RIS Media

OCTOBER 2, 2020

If you’re looking to buy a house, there are a wide range of companies that would likely be happy to give you a mortgage. A local credit union may also be able to give you advice on mortgage incentives or other programs you may qualify for, such as a home loan program for veterans. Qualification Requirements and Loan Terms.

Banks 53

Banks Debt-to-income ratio Mortgages Loans 53

HomeLight

JANUARY 30, 2024

Additionally, we will share a handy set of additional online resources to measure and compare the cost of living expenses in different New Mexico communities. Learn More What makes up the ‘cost of living’ in New Mexico? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 104

Home sale contingency Closing costs Technology Sales 104

HomeLight

JANUARY 22, 2024

We’ll also share a handy set of additional online resources to measure and compare the cost of living expenses in different Maryland communities. Learn More What makes up the ‘cost of living’ in Maryland? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 102

Home sale contingency Closing costs Technology Equity 102

HomeLight

JANUARY 22, 2024

We’ll also share a handy set of additional online resources to measure and compare the cost of living expenses in different Wyoming communities. Learn More What makes up the ‘cost of living’ in Wyoming? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 101

Home sale contingency Closing costs Technology As-is 101

HomeLight

JANUARY 30, 2024

We’ll also share a handy set of additional online resources to measure and compare the cost of living expenses in different Vermont communities. Learn More What makes up the ‘cost of living’ in Vermont? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 97

Home sale contingency Closing costs Technology Sales 97

HomeLight

JANUARY 22, 2024

We’ll also share additional online resources to help you measure and compare the cost of living expenses across different Oregon communities. Learn More What makes up the ‘cost of living’ in Oregon? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 86

Home sale contingency Closing costs Technology Sales 86

HomeLight

JANUARY 30, 2024

We’ll also share a handy set of additional online resources to measure and compare the cost of living expenses in different Maine communities. Learn More What makes up the ‘cost of living’ in Maine? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 91

Home sale contingency Closing costs Technology Sales 91

Real Trends

MAY 9, 2023

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. You understand and provide guidance on the financial aspects of the transaction, like mortgage rates, closing costs and appraisals.

MLS 94

MLS VA loan Equity Agents 94

HomeLight

JANUARY 30, 2024

We’ll also share a handy set of additional online resources to measure and compare the cost of living expenses in different Montana communities. Learn More What makes up the ‘cost of living’ in Montana? .” ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 82

Home sale contingency Closing costs Technology Equity 82

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate. What is a VA Loan Assumption?

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

HomeLight

AUGUST 10, 2022

Diamond Equity Investments. This cash homebuying company guarantees a fast and convenient closing. They also promise a fast, easy, and transparent selling process, with closing in as little as 24 hours. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them.

Closing costs 80

Closing costs Purchase and sale agreement Closing Staging 80

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. The past year hasn’t been particularly good for tech or housing. The company was No.

Equity 370

Equity Technology Investor Lending 370

Housing Wire

DECEMBER 19, 2022

Rocket Mortgage , once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Worse, Rocket lost its origination crown to its chief antagonist, United Wholesale Mortgage. trillion in 2022.

Mortgages 403

Mortgages Loans Finance Industrial 403

Real Trends

MARCH 9, 2022

Despite strides made by technology to streamline the process of title searches, the title industry remains a people-centered industry. When a homebuyer refinances a mortgage, they are paying off the old loan and getting a new one. However, in Iowa, title insurance costs don’t reflect all of the necessary costs to consumers.

Title 107

Title Title search Land Closing 107

HomeLight

JUNE 16, 2023

Editor’s note: Processes, rates, and services from real estate companies can change based on market conditions, housing trends, changes in technology, and customer needs. In many instances, a homeowner needs to use equity from their existing home to buy their next residence. Is there a cost to using Flyhomes?

Home sale contingency 89

Home sale contingency Staging Loans Closing 89

HomeLight

APRIL 29, 2022

They are defined by their use of algorithmic technology to make quick offers on homes and their ability to provide a mostly online experience for their clients. If you sell with their Flex List with Confidence option, they estimate sellers will pay 6% in commission costs based on industry averages. Does Offerpad pay closing costs?

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Closing Staging 87

HomeLight

JULY 12, 2022

Like many other innovations propelled by technological advances, investor groups and iBuyers have their place in the kaleidoscope of real estate sales options. Because they can close in as little as 10 days, online quote companies may be the solution to help protect your hard-earned equity.

Purchase and sale agreement 86

Purchase and sale agreement Investor Equity Closing 86

HomeLight

JANUARY 10, 2023

Price is a major factor, as are other details of the agreement such as whether you’ll cover any of the buyer’s closing costs, when you’ll agree to move out, and which contingencies will be included in the contract. Closing costs. Both buyer and seller will have costs to cover at settlement.

Purchase and sale agreement 93

Purchase and sale agreement Natural hazards disclosure Inspection Title 93

Housing Wire

FEBRUARY 10, 2022

The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. He was most recently CEO of Hayden Consulting , which advises mortgage banks, commercial banks, thrifts, REITs, and private equity firms.

Loan Officer 393

Loan Officer Finance Loans Banks 393

Marco Santarelli

MARCH 30, 2023

This can be especially attractive for those who have variable-rate debt, such as credit card balances, home equity lines of credit (HELOCs), or adjustable-rate mortgages (ARMs). When considering refinancing, it's important to evaluate the costs associated with refinancing, such as closing costs and origination fees.

Investor 40

Investor Loans Banks Mortgages 40

HomeLight

NOVEMBER 14, 2022

They also offer other services — such as helping you find a mortgage lender, or arranging upgrades and repairs before you sell. Redfin says it will also put money toward your closing costs, but a set amount or percentage does not appear to be listed on their website. They also receive commissions for mortgage referrals.

Agents 79

Agents Sales MLS Closing 79

HomeLight

APRIL 21, 2023

If you need to sell your house fast in Phoenix, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent.

Closing 91

Closing Investor Staging Agents 91

HomeLight

APRIL 26, 2023

If you need to sell your house fast in Los Angeles, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent.

Agents 82

Agents Closing Sales Staging 82

Realty Biz

DECEMBER 13, 2022

You need to consider a number of factors: what you want from your home, where you want to live if you can afford the down payment, and the monthly mortgage payments. Flyhomes is a technology company focusing on real estate brokerage that helps home buyers, sellers, and agents work together to get the job done. What is Flyhomes?

Pre-approval 66

Pre-approval Closing costs Loans Technology 66

Realty Biz

NOVEMBER 7, 2021

Freddie Mac says that could prevent renters that want to become homeowners from securing the best rates on a mortgage. Rent payments are often the single largest monthly line item in a family’s budget, but paying your rent on time does not show up in a credit report like a mortgage payment,” said Michael DeVito, CEO of Freddie Mac.

Closing costs 100

Closing costs Equity Finance Technology 100

HomeLight

MARCH 21, 2022

These companies can also provide a quick and flexible closing, reduce or eliminate the need for repairs, and in many cases will cover all of a seller’s closing costs. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout.

Closing costs 97

Closing costs Home sale contingency Investor Closing 97

HomeLight

DECEMBER 30, 2020

Check your equity to evaluate if you’re ready to sell. Before you contact a real estate agent, check your equity to know where you stand with your mortgage. At a minimum, you want to have enough equity in your home to cover the cost of selling your home (e.g., closing costs and agent commission).

Agents 104

Agents Equity Staging Renovation 104

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

MARCH 13, 2023

Airbnb owners get tired of paying management fees and dealing with customer complaints and negative ratings, but they have too little equity to sell the traditional way. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises.

Sales 83

Sales Investor Due diligence Renovation 83

HomeLight

APRIL 27, 2023

When you need to sell your house fast in Texas due to life’s unexpected twists and turns, such as experiencing a divorce, the loss of a loved one, or struggling to make your mortgage payments, you have two options to sell your home quickly: 1) seek a cash offer or 2) recruit a top real estate agent.

Inspection 88

Inspection Investor Closing Staging 88

HomeLight

APRIL 30, 2022

It’s time for you to buy a house, and between the financial questions (how much will you need for closing costs? Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. what’s considered “overpaying” on a house?) Social media apps.

Closing 90

Closing MLS Pre-qualification Due diligence 90

HomeLight

SEPTEMBER 27, 2022

Before anyone inherits anything, you’ll need to determine the property’s financial situation: Is there a mortgage? Some mortgages have an acceleration clause that would demand immediate payoff,” Morgan says. A home equity line of credit (HELOC)? A reverse mortgage ? Are there any liens or judgments? Unpaid taxes?

Purchase and sale agreement 79

Purchase and sale agreement Title Agents Sales 79

HomeLight

MARCH 28, 2022

If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation.). Otherwise, it’s possible that you would need to pay money at closing to settle up.

Purchase and sale agreement 114

Purchase and sale agreement Equity Agents Staging 114