Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. His tangible net worth ratio (a proxy of how much equity you have relative to your total assets) is just under 30%.

Equity 404

Equity Loan Officer Loans Mortgages 404

HomeLight

MAY 31, 2021

Moskowitz says that sometimes a large down payment isn’t necessarily the way to go when it comes to financing your home loan. “If These are things you just might not know as a buyer — but your agent and loan officer can give you guidance! What type of home loans do you offer? What about interest rates?

Mortgages 58

Mortgages Debt-to-income ratio Loans Closing costs 58

HomeLight

OCTOBER 5, 2020

” She adds, “You need a strong pre-qualification letter from a legitimate lender, and there’s no getting around that. There is a process you must follow to get pre-approved for a mortgage. On average, closing costs comprise between 2% and 5% of the loan amount. And it’s even better if you can get pre-underwritten.

Short sale 77

Short sale Sales Pre-approval Pre-qualification 77

Realty Biz

DECEMBER 13, 2022

Flyhomes is a single platform that offers the expertise of its research analysts, tour specialists, loan officers, and dedicated agents to help make home buying or selling a breeze so you can focus on what really matters—the quality of life. Later, you pay Flyhomes the same selling price and finalize your mortgage loan.

Pre-approval 66

Pre-approval Closing costs Loans Technology 66

Housing Wire

AUGUST 22, 2022

The lender approved their application for a loan with a 2.25% interest rate, with a “conservative” estimated value of the house at $550,000, pending approval. How borrowers can stay afloat with home equity products during difficult economic times. Presented by: Altisource.

Loan Officer 369

Loan Officer Pre-approval Equity Loans 369

HomeLight

MARCH 6, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Loans are between 3%-3.5% Loans are between 3%-3.5%

Closing 87

Closing Earnest money deposit Sales Title 87

HomeLight

SEPTEMBER 30, 2021

We have all heard of putting down the traditional 20% for a mortgage down payment, but this isn’t a requirement for most loans. If you have enough savings to put 20% down, it means you’ll be able to finance less and enjoy a lower rate while you’re at it. Loans and programs for buyers with lower incomes. How low can you go?

Loans 82

Loans Pre-approval Mortgages VA loan 82

Redfin

JUNE 1, 2022

If you’re looking to buy a home in the current market, “be more prepared than competing buyers,” advises Brett McGovern, CEO of Bay Equity Home Loans , a Redfin company. “Be Be pre-approved and have all required documentation ready to go. When the Fed raises interest rates to slow inflation, it hurts borrowers.

Mortgages 72

Mortgages Pre-approval Fixed-rate mortgage As-is 72

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Construction loan.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

Notorious ROB

DECEMBER 19, 2022

To be fair, there were a number of big announcements, but the one I honed in on was this one: We plan to overhaul our current mortgage funnels away from third-party lead generation and toward Zillow Home Loans , and bolster our loan officers’ tools and capabilities to help the customers who come their way. Finally, D.R.

MLS 79

MLS Agents Pre-approval Brokerage 79