article thumbnail

Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

article thumbnail

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. QuickQual is an adjustable pre-approval letter that gives payment and closing cost scenarios and the option to update agent letters.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Beat a Contingent Offer on the House You Want

HomeLight

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer.

article thumbnail

Fintech startup Tomo breaks into jumbo mortgages

Housing Wire

Schwartz in a statement said that this expansion “is proof that there’s tremendous appetite for what we’ve built – a digital experience, designed from the ground up to meet the needs of homebuyers today.”. The mortgage is the catastrophe of the real estate transaction,” added Schwartz.

Mortgages 325
article thumbnail

The CE Shop Review: Features, pricing and pros & cons

Housing Wire

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. If you’re new to real estate, you’ll need to complete a state-approved course and pass your state’s licensing exam.

article thumbnail

CoreLogic AutomatIQ Borrower reimagines the underwriting process with automation and standardization

Housing Wire

Even as lenders make significant investments in new technology and digital infrastructure, they continue to struggle with increasing costs per loan and time-to-close metrics. Users appreciate that the income, asset and employment verification processes are simple to use, easy to understand and intuitively designed. But we don’t.

article thumbnail

AI Chat Tools Revolutionize Real Estate Industry: Blend's New Chat Tool Leads the Way

Realty Biz

How Blend’s Tool Sets the New Standard One of the latest AI chat tools to enter the real estate market, Blend's AI-powered chat tool is designed to help homebuyers and real estate agents with a variety of tasks, including qualifying for a mortgage, Finding a home, negotiating an offer, and closing on a loan.