Housing Wire

FEBRUARY 10, 2025

These younger servicemen and women often face difficulties navigating the homebuying process, particularly around paying closing costs. Its important to take a moment to look back at the history behind VA benefits. Its important to take a moment to look back at the history behind VA benefits. In 1944, the U.S.

Industrial

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? See if you qualify for a cash-out refi.

Equity

The Mortgage Report

JUNE 10, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? it really doesn’t matter.

FHA 203k rehab loan

Calculated Risk Real Estate

MAY 5, 2025

Press Release: ICE Mortgage Monitor: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending in Q1 2025 Intercontinental Exchange, Inc. California is close behind, with Gen Z comprising 8% of purchase and 13% of FTHB loans.

FHA loan

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Norada Real Estate

JULY 3, 2025

Understanding Mortgage Rates A mortgage rate is the revolving interest that banks charge for lending money to homebuyers for purchasing real estate. Mortgage rates are critical because they determine your monthly payment and the total amount of interest you will pay over the life of the loan.

Loans

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Check your home buying options.

FHA 203k rehab loan

Redfin

JULY 24, 2025

According to the National Association of Realtors , 52% of first-time buyers used a conventional loan to finance their home, while 29% used an FHA loan, and 9% used a VA loan. The share of first-time buyers using an FHA loan has declined from 55% in 2009 to 29% in 2024.

FHA loan

AAOA

JANUARY 27, 2025

Morgan Chase Commercial Term Lending, Successful real estate investing isnt just about choosing the best property; its also about securing the best possible interest rate and managing cash flow. Make an offer and close Your real estate agent will submit your offer and negotiate with the seller or their agent.

Property Management

The Mortgage Report

JUNE 23, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Redfin

JULY 30, 2025

Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse. Requirements Down payment: 3.5%

Loans

Calculated Risk Real Estate

MARCH 14, 2025

This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes.

Equity

Marco Santarelli

JANUARY 4, 2025

Recommended Read: Mortgage Rate Predictions January 2025: Forecast for Homebuyers Breaking Down How Mortgage Rates Are Determined Mortgage rates can be influenced by several core factors: Lender Discretion : Each lending institution has its own criteria for setting mortgage rates based on its funding sources, operational costs, and market strategy.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

In the simplest terms the main difference is that a bank has its own lending criteria and offers loans by using its own funds. However, fees for the loans can be higher than a bank and it’s likely that your loan will be sold on the secondary market after closing. In contrast, a mortgage broker is a middleman.

Finance

Redfin

JULY 31, 2025

They cover topics like budgeting, building credit, mortgage options, house hunting, and closing. State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help. Save for closing costs Closing costs are fees and expenses you’ll pay when finalizing the home purchase.

Purchase and sale agreement

Marco Santarelli

AUGUST 5, 2025

Instead, the Fed’s decisions on the federal funds rate impact bond markets and lending costs. annualized in the first half of 2025, signaling caution for long-term lending. unemployment indicate a softer labor market, which can dampen demand for housing loans. Growth Slowdown: U.S. GDP growth slowed to around 1.2%

Mortgages

Redfin

MARCH 4, 2025

Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. If a buyer with a government-backed loan goes into foreclosure, the government will take control of the property. Lenders will typically clear the title and vacate the property before selling it to you.

Pre-approval

Marco Santarelli

MARCH 20, 2025

VA Loans – A Benefit for Veterans: Backed by the Department of Veterans Affairs, VA loans offer significant advantages to eligible veterans, active-duty service members, and surviving spouses. These loans often come with no down payment requirements and competitive interest rates.

Mortgages

The Close

MAY 20, 2025

Loan terms: 15-30 year fixed rate Time to funding: Within 60 days Minimum credit score: 620 Visit Pennymac Conventional commercial mortgage loans SBA 504 SBA 7(a) SBA microloans Business loans and lines of credit Commercial mortgage loan terms: Loan amount: $250,000-$5 million Interest rates: As low as 4.5%

Loans

Redfin

MARCH 26, 2025

Even if youve been pre-approved , things like a low appraisal, a job loss, or changes in your credit can derail the loan process. This contingency gives you a legal out if something unexpected prevents you from closing. Unusual homes can cause appraisal challenges that impact loan approval. Youre using a government-backed loan.

Finance

Marco Santarelli

JUNE 26, 2025

These states often have a combination of strong economies, competitive lending environments, and stable real estate markets, which contribute to their lower average mortgage rates. New Mexico: Economic factors in New Mexico may be restricting lending competition and influencing higher rates.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

Therefore, alternative loan options that make sense are vital for the housing market. Best Mortgage Option for Self Employed Borrowers Top Mortgage Options For Self Employed Borrowers The world of creative lending identified the opportunity to come up with a program that can help. chat_bubble close How Can I Help? Contact Me!

Mortgages

Marco Santarelli

MAY 22, 2025

Dave Ramsey's 2025 Housing Market Predictions I've been keeping a close eye on the housing market myself, and honestly, Ramsey's outlook aligns with what I'm seeing on the ground. He generally advises against FHA and VA loans due to their additional fees. In my experience, Ramsey's principles are spot on.

Marketing

Redfin

JULY 30, 2025

In fact, today’s first-timers are older than ever, thanks to factors like rising home prices , student loan debt, and stricter lending standards. Down payment savings: You’ll generally need at least 3%–5% down, depending on the loan type. Closing costs: Budget around 2%–5% of the home’s price for additional fees and services.

FHA loan

Housing Wire

NOVEMBER 13, 2024

Purchase loan demand drove the slight increase in the MBA’s Market Composite Index, which measures loan application volumes. Refinances, however, were down 2% as mortgage rates continue to climb close to 7%, according to HousingWire ‘s Mortgage Rates Center. a week ago, while applications for U.S. during the week.

FHA loan

The Mortgage Report

JUNE 12, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Time to make a move?

FHA 203k rehab loan

The Mortgage Report

JULY 22, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Time to make a move?

FHA 203k rehab loan

Housing Wire

OCTOBER 24, 2023

Patton Gade, the top producing loan officer for VA home loans in the U.S. Military Academy at West Point, will continue to originate loans and hold the national director of military lending position at UMortgage. He’ll join forces with fellow veteran loan originator Jay Bunte in the brokerage firm.

VA loan

Housing Wire

FEBRUARY 15, 2024

Department of Veteran Affairs (VA) loans through its Tinman platform. We’ve been working toward launching a VA product for the past two years,” Vishal Garg, founder and CEO of Better, said in an interview with HousingWire. Better’s rate for VA loans was 6.375% as of Tuesday afternoon, the company said.

VA loan

Housing Wire

JUNE 12, 2024

An analysis released Wednesday by Columbia, Missouri -based lender Veterans United Home Loans revealed that the home loan program through the U.S. Department of Veterans Affairs (VA) has contributed $3.9 The VA loan program — which was established in 1944 through the GI Bill — will celebrate its 80th anniversary on June 22.

VA loan

Housing Wire

FEBRUARY 11, 2022

The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). . The average VA FTHB’s interest rate was 2.90% and the quarterly FTHB VA purchase loan volume stayed elevated.

VA loan

Housing Wire

JUNE 17, 2024

Wells Fargo ’s program that provides up to $5,000 in closing costs for low- and moderate-income families to purchase a home has been extended to an additional 16 metro areas, the bank announced on Monday. It can be used to pay nonrecurring closing costs, such as appraisal, processing, title and recording fees.

Closing costs

Housing Wire

SEPTEMBER 17, 2024

Anthony Casa, President & CEO of UMortgage , isn’t mincing words when it comes to the lending practices that often victimize our veterans. These lenders take advantage of the profit margins on VA loans to charge veterans inflated fees and higher interest rates. Our veterans deserve better.

Lending

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. REALITY: There is no limit.

Loans

Housing Wire

APRIL 5, 2022

Rocket Pro TPO has launched a program that will guarantee financing to close in 15 days, a move to entice mortgage brokers and their real estate agent partners in a scorching-hot housing market. Government, FHA, and VA loans do not apply and the program is not available in 16 states, including New York, Massachusetts, and Rhode Island.

Loans

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government.

Lending

Housing Wire

MARCH 29, 2022

At first blush, this may seem like overkill; does a lender really gain anything by harnessing all that extra data for a VA loan that only requires two months of bank statements? Consider, for instance, the multitude of scenarios that require lenders to take another look at assets between loan qualification and loan closing.

Lending