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LenderLogix launches POS system for small- to mid-sized lenders

Housing Wire

Patrick O’Brien, the founder and CEO of LenderLogix , said the product was designed in response to the need for a more efficient and cost-effective method of managing the loan application process. When the application is complete, the loan originators give borrowers a customized needs list and a secure document upload link. “As

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Opinion: Is the lending market overcorrecting toward tech? Maybe

Housing Wire

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. This is not an Amazon order.

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Mastering Mortgage Basics: 10 Key Concepts Every Homebuyer Should Know

Redfin

A mortgage is a loan specifically designed for purchasing a property, commonly a home. In the event that the borrower fails to repay the loan, the lender has the right to take possession of the property through a legal process known as foreclosure. What is a mortgage? How does a mortgage work? What is PMI, and when is it required?

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The Ultimate Guide to Buying a House in Colorado

Redfin

The state’s economy is driven by various industries, including technology, tourism, energy. However, living in Colorado can also come with challenges, such as a high cost of living, traffic congestion in urban areas, and extreme weather conditions. In Colorado, closing typically occurs at a title company.

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The Ultimate Guide to Buying a House in North Carolina

Redfin

The city is also a hotbed for technology and research, with the Research Triangle Park (RTP) nearby, attracting top-notch companies and fostering innovation. Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits. of the purchase price.

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iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. Sellers then pick a move date, and can often close in as little as two weeks. But steps like the inspection, appraisal, and loan processing will inevitably add time to closing.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. Research different types of mortgages available, such as conventional, FHA, or VA loans. It's advisable to reach out to multiple lenders and obtain pre-approval. Next, examine your credit score and history.