Housing Wire

MAY 14, 2024

With the Fed gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. In late 2021, Congress renewed a 10 basis point tax on Fannie Mae and Freddie Mac loans for another decade – not based on loan risk, but to pay for non-housing spending.

FHA loan 289

FHA loan Loans Title Mortgages 289

Housing Wire

APRIL 3, 2024

It has constructed a servicing platform while adding multi-asset originations and asset management capabilities. Included in the wider rebranding effort will be a refresh of the company’s brand voice, which is designed to support “the company’s commitment to getting the job done,” the announcement stated.

Branding 322

Branding Mortgages Staging Equity 322

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction 126

New Construction Construction Development Renovation 126

Realty Biz

JUNE 15, 2022

5 Sustainable Construction Trends That Are Unfolding Right Now. The construction industry has been particularly affected because it does have a big impact on atmospheric and surface-level production. Here are five major sustainable construction trends that are already under way. These parts can then be easily transported.

Construction 88

Construction Technology Industrial Design 88

Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Housing Wire

NOVEMBER 3, 2023

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Loan must close to be eligible for reimbursement of credit toward closing costs at closing.

Closing costs 356

Closing costs Short sale Technology New Construction 356

Realty Biz

MARCH 26, 2021

Within the Canadian real estate market, pre construction homes are all the rage. As the name suggests, these are bought prior to the construction of the home. Usually, people opt for condos in new buildings that are under construction. Pre construction homes allow buyers to steer clear of heated bidding wars.

Construction 87

Construction Due diligence Development Renovation 87

Realty Biz

FEBRUARY 19, 2024

Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. For example, it is common for conservation boards to ask builders to put up siltation fences during construction. Technically, you also do not have a buildable lot without an approved design.

Land 126

Land Due diligence Title search Finance 126

Housing Wire

NOVEMBER 27, 2023

Traditionally, most lenders focused on providing warehouse lines of credit to independent mortgage bankers (IMBs), helping to facilitate the sale of their loan origination pipeline into the secondary markets. Western Alliance Bank transformed this model over a decade ago. HW: How has mortgage finance changed in the last few years?

Banks 342

Banks Lending Finance Mortgages 342

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 330

Lending Banks Technology New Construction 330

Housing Wire

MARCH 24, 2023

Artificial intelligence refers to computer systems designed to perform tasks that usually require human intelligence, such as recognizing speech, identifying patterns or making decisions. ChatGPT for lenders Several use cases exist for mortgage companies and loan officers to use ChatGPT and AI. But first things first.

Loan Officer 470

Loan Officer Development Title Loans 470

Propmodo

OCTOBER 31, 2023

Higher interest rates have slowed down the economy and made loans prohibitively expensive. The second quarter numbers of the Mortgage Brokers Association show commercial and multifamily loan origination dropping by an unbelievable 54 percent year over year. This has been a perfect storm for the commercial real estate lending industry.

Lending 113

Lending Commercial Banks Construction 113

Housing Wire

JULY 7, 2022

In Portland, Oregon, for example, one loan officer noted that new listings doubled in the second half of May from 800 to 1,900 new listings. Slow construction and restrictive zoning laws. One of the major causes of low inventory has been due to slowed construction. Let’s start with the good news. Institutional Investors.

Mortgages 393

Mortgages Marketing Investor Loan Officer 393

Redfin

AUGUST 8, 2023

However, with rising real estate prices, some may find themselves seeking financing beyond the conforming loan limit. In this instance, you’d need to apply for a jumbo loan. What is a jumbo loan? So what are jumbo loans in South Dakota? So what are jumbo loans in South Dakota?

Debt-to-income ratio 49

Debt-to-income ratio Loans Finance New Construction 49

Realtor.com

NOVEMBER 7, 2022

Examples might range from “For a limited time, get $5,000 in designer upgrades!” While builder incentives may be found as price cuts on the actual house, homebuyers may more commonly see offers to help reduce costs on the financing front, with builders offering to buy down the interest rate on the home loan or pay some or all closing costs.

New Construction 76

New Construction Construction Finance Closing costs 76

Redfin

OCTOBER 17, 2023

In this Redfin article, we’ve gathered insights from seasoned Florida builders to help you navigate the state’s distinctive home construction landscape. For instance, building a coastal home in Miami may cost more than constructing a similar-sized house inland. Essential Pre-Build Tips for Your Florida Home 1.

Construction 37

Construction Design As-is Industrial 37

Realty Biz

AUGUST 29, 2023

We will provide the best tips to ensure a smooth construction process. From selecting the right builder to planning for the future, designing your custom home, managing your budget, overcoming challenges, and being involved in the building process, we've got you covered. Building a new house can be both exciting and overwhelming.

Construction 93

Construction Inspection Design Land 93

HomeLight

FEBRUARY 12, 2021

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% FHA loans help make homeownership more accessible. of all mortgage originations.

FHA loan 109

FHA loan Loans Pre-approval Pre-qualification 109

Housing Wire

JULY 28, 2022

The new rule guidance is designed to expand the supply of affordable housing by making it easier to develop, repair or operate affordable housing. The Treasury Department’s new guidance is focused on the ARP’s flexible funding — called the State and Local Fiscal Recovery Funds (SLFRF) program. Louis , that gap is 29.3

Development 360

Development Finance Loans Construction 360

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

Construction 531

Construction Closing costs Renovation Title 531

Propmodo

JANUARY 13, 2024

million square feet of office space is under construction or renovation in Manhattan, the lowest amount in 8 years, according to JLL. But amid this gloomy outlook, one development firm in the city is contrasting the negative view of the office and finding ways to get offices designed, financed, and completed. Less than 7.2

Development 57

Development Lending Finance Commercial 57

Housing Wire

JANUARY 5, 2021

Nonbank mortgage servicers are a vital conduit between mortgage borrowers and investors in mortgage loans. “In the introduction to the Proposed Standards, CSBS recognizes the importance of nonbank mortgage servicers in the mortgage market,” HPC stated in its comment letter. HPC agrees. Achieving touchless mortgage automation.

Mortgages 288

Mortgages Banks Commercial Technology 288

Keeping Current Matters

OCTOBER 13, 2021

Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. Finding an existing home or designing a new home that has exactly what you want (versus trying to restructure the layout of your current house). The last 18 months changed what many buyers are looking for in a home.

Renovation 274

Renovation Equity Mortgages Design 274

HomeLight

FEBRUARY 29, 2024

Department of Housing and Urban Development ( HUD ) draws a clear line: any factory-built home made before June 15, 1976 , is classified as a mobile home, while those constructed after this date are considered manufactured homes. Additional federal legislation in 1980 and beyond added even more distinction.

Purchase and sale agreement 108

Purchase and sale agreement Finance Loans Design 108

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. It combines the benefits of cutting-edge technology with practical application in home remodeling and construction.

Renovation 77

Renovation Pre-approval Investor Construction 77

HomeLight

JULY 11, 2023

Nine times out of 10 the lien can be paid off through the sale,” says Richie Helali, Mortgage Sales Lead at HomeLight Home Loans. Mortgage liens, for instance, are voluntary; the borrower agrees to have a lien recorded against their property as collateral for the loan. But don’t fret.

Title 117

Title Title search Equity Construction 117

Realty Biz

JANUARY 4, 2024

Furthermore, they inspect the state of the property, which includes the caliber of construction materials and any required repairs or enhancements. Some Loans Are More Strict It's essential to note that some mortgage programs are more strict on what an appraiser will look at. How Do Home Appraisers Evaluate The Quality of Construction?

FHA loan 100

FHA loan Construction Renovation Loans 100

Realty Biz

MAY 28, 2022

Conventional Home Loan- This is the primary type of loan that most of you will already be familiar with. It is a loan that is not backed by any government entities. Keep in mind that there are two different types of conventional loans available. Non-conforming loans do not follow the FHFA stipulations and regulations.

Mortgages 93

Mortgages VA loan Fixed-rate mortgage Bankruptcy 93

HomeLight

AUGUST 31, 2020

Define your guest house’s purpose and basic design. With local laws in mind, set an intention for your guest house and consider how it’s purpose will influence design. If you’re tempted, custom design the space to fit your needs with higher quality appliances and chic furnishing. Or host a diverse turnover of Airbnb/VRBO guests?

Debt-to-income ratio 97

Debt-to-income ratio Construction Loans Equity 97

Realty Biz

AUGUST 21, 2022

Your mortgage loan is likely to be much smaller with this type of housing choice. Small houses generally mean far more breathing room when it comes to a house loan. As you might imagine, when you are talking about square footage this small it is harder to be as imaginative with home designs. Final Thoughts.

VA loan 116

VA loan FHA loan Loans Land 116

Redfin

JANUARY 23, 2024

Homeowners and design enthusiasts now turn to Bitcoin’s decentralized and borderless nature to fund their home improvement projects. This article explores the innovative ways Bitcoin is reshaping the world of home renovation, providing a glimpse into the future where Bitcoin meets interior design and construction.

Renovation 55

Renovation Finance Loans Design 55

Realty Biz

FEBRUARY 24, 2021

Paying for this lot with cash is the ideal scenario but with lot prices climbing into the hundreds of thousands of dollars range, most buyers will need a loan to purchase a lot. The loan you use for buying land to build a house on is very different than the traditional home mortgage loan. It’s up to you.

Land 122

Land Loans MLS Finance 122

Realty Biz

OCTOBER 6, 2023

Asante features 55 GreenPoint Rated apartment homes with onsite amenities and services support designed to help break chronic cycles of homelessness and elevate quality of life goals. Construction and permanent loans were provided by Pacific Western Bank and Raymond James contributed to Asante’s tax credit equity.

Development 62

Development Property Management Finance Construction 62

Realty Biz

APRIL 8, 2022

Over time, the investigation found design failures, shoddy construction, damage, and neglect that created the perfect conditions for a deadly chain reaction. Fannie Mae’s rule changes apply to condo and co-op loans purchased on or after Jan. New Fannie And Freddie Rules On Condo Building Infrastructure.

Finance 73

Finance Loans Construction Property Management 73

Realtor.com

NOVEMBER 21, 2022

Design by Realtor.com / Getty Images (2) The drumroll of bad tidings in the housing market was interrupted last week by a glimmer of good news. for 30-year fixed-rate loans in the week ending Nov. for 30-year fixed-rate loans in the week ending Nov. They fell from above 7% to 6.6% 17, according to Freddie Mac.

Mortgages 103

Mortgages Investor Loans MLS 103

Redfin

FEBRUARY 4, 2022

These qualities are what sets them apart from new construction, such as a modern craftsman home or ranch style house. But, buyers beware, owning a historic home isn’t always as easy and breezy as maintaining a newly constructed one. Is it an example of a historic style or was constructed by a prominent architect? .

Construction 68

Construction Inspection Proof of funds Renovation 68

Fancy Pants Homes

AUGUST 10, 2021

Yet there are some architectural gems that only get more impressive with time and even after decades have past, leave us in awe with their masterful design. Frank Lloyd Wright designed the house in a Mayan Revival style, evidently inspired by the ancient Maya temples. Frank Lloyd Wright’s Ennis House is definitely one of those gems.

Design 137

Design Renovation Construction Commercial 137