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With rate lock activity up, Optimal Blue introduces automated refi tool

Housing Wire

It factors in lender fees and current pricing to deliver a dashboard that includes break-even calculations, closing cost estimates and borrower savings analyses across multiple scenarios. The tool also generates a prefilled borrower email summarizing the refinance options.

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Three yards and a cloud of dust

Housing Wire

This is significant, because as noted in CHLA’s annual IMB Report , “84% of FHA loans were for first-time homebuyers, and FHA’s share of Black and Hispanic borrowers was twice the percentage of all other mortgage loans.” But now a new threat is emerging on this front. All these homebuyer charges add up.

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RenoFi targets homeowners who don’t qualify for HELOCs

Housing Wire

For government loans, such as a Fannie Mae Homestyle Renovation loan, first-time buyers can qualify with a down payment as low as 3%, but renovation costs are limited to 75% of the home’s after-repair value, and borrowers must pay higher fees and closing costs than they would on other types of mortgage loans.

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11 mortgage lead generation ideas to build your client base

Housing Wire

For example, a breakdown of loan options and how they work, or a closing costs worksheet for buyers. Fello cutting-edge AI technology will help you sort your CRM and add crucial information to each contact to determine which leads to target.

Mortgages 266
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FHA Loan Requirements in 2025

The Close

However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone. This makes it possible for buyers who might not qualify for traditional loans to still secure financing.

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Agents, do you know all of the financing options available to your customers?

Real Trends

“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. . USDA loans.

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6 Best Home Mortgage Lenders in 2025

The Close

620 Conventional loans FHA loans VA loans Jumbo loans Average turn time is 42 days Visit Better Mortgage Conventional: 6.75% FHA: 6.625% VA: 6.5% 620 Conventional fixed-rate loans FHA loans VA loans Jumbo loans Investment property loans Underwriting can take anywhere from a few days to a few weeks Visit U.S.

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