Housing Wire

SEPTEMBER 16, 2022

For Rocket Pro TPO, home sellers or real estate agents will be funding the program, similar to a buydown program rival United Wholesale Mortgage launched last month. UWM announced that its temporary rate buydowns – fueled by seller concessions – would reduce borrowers’ interest rates by up to 2% for the first two years of a mortgage.

Mortgages 393

Mortgages Seller concession Fixed-rate mortgage Loans 393

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Tapping that equity. ” Just a little less vanilla. .”

Mortgages 393

Mortgages Equity Loans Seller concession 393

Realty Biz

MAY 20, 2021

At the beginning of 2021, median home prices were up 10% across most of the nation, the fastest rising pace since 2006, fueled by low mortgage rates and high demand. Mortgage rates are low … for now. Make the strongest above-ask offer you can make, cash if possible, and free of seller concessions or other contingencies.

Marketing 78

Marketing Seller concession Fixed-rate mortgage Mortgages 78

HomeLight

AUGUST 25, 2020

If you have a mortgage on your home, your housing payment will be the same every month — but in the first couple of years, the vast majority of that overall payment will likely go toward interest and will barely touch the principal balance. Seller concessions (2% – 6%). Mortgage payoff (varies). Overlap costs (1% – 2%).

Principal 67

Principal Equity Seller concession Title 67