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Black Knight’s Expedite Close eClosing solution uses automation to select the best way to close each loan

Housing Wire

More than ever, borrowers want and expect to close their loans digitally, from the initial loan application through the final review and approval of their loan package. But while eClosings are convenient, it can be challenging to offer the same level of customer service online as with in-person closings.

Closing 370
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Opinion: The little things mean a lot in mortgage operations

Housing Wire

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgages 370
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Tavant adds automated asset analysis product to its lending platform

Housing Wire

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 381
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. The home inspection, appraisal and closing are all crucial steps in the home-buying process.

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Mat Ishbia talks super-low mortgage rates, adverse market fee and capacity limits

Housing Wire

Let’s start with the recent 30-year fixed rate cash-out refinance, which was introduced last week on conventional loans, with rates between 2.5% So that means that if they’re doing a cash-out and they have a 70 loan-to-value, Fannie Mae will charge them three quarters of a point. Okay, so that was from 2.5 only pays 1.5

Mortgages 457
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7 of the Top We Buy Houses for Cash Companies in Houston

HomeLight

No repairs, no staging, no open houses. Get an offer in as few as 48 hours and close in as little as 10 days. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Closing costs: Sellers pay no closing costs; We Buy Houses ® covers them.

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Flyhomes Reviews & Comparison to Other Home Trade-in Platforms

HomeLight

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. Key to this process is the short-term loan they provide to clients which allows them to make a cash offer on a new home before their current property is sold.