Remove FHA loan Remove Industrial Remove Pre-qualification
article thumbnail

11 mortgage lead generation ideas to build your client base

Housing Wire

From there, they complete qualification forms and are given loan options and lenders, like you, who can help them. Make a list of all the people you know, also known as your sphere of influence, and let them know you’re in the mortgage industry and ready to help anyone looking to secure financing. Visit LendingTree 3.

article thumbnail

Home Loans With Small Down Payment: FHA, VA, and USDA Explained

The Mortgage Report

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? Meanwhile, FHA loans comprised 15.3%

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

The authors of these articles are some of the best writers in the mortgage and real estate industries. ” is an extremely common question in the mortgage and real estate industries. It’s unfortunate, but not every prospective buyer is going to be able to qualify for a home loan. Happy house hunting!

article thumbnail

How loan originators survived a cutthroat mortgage business in 2023

Housing Wire

According to data from Ingenius , tens of thousands of loan officers exited the industry in 2023. In October, 67% of current LOs produced less than one unit of closed loans in October. About half of Ullmann’s production in 2023 came from VA and FHA loans as well as mortgages that require down payment assistance.

article thumbnail

Am I A First-Time Homebuyer? Who’s Qualified … And Who Isn’t

HomeLight

For example, both conventional and FHA loans offer first-time buyers the opportunity to purchase a home with only 3% down (conventional) or 3.5% down (FHA). USDA Rural Development loans also allow for 100% financing (or 0% down). For example, pre-pandemic, an FHA loan could be secured with 3.5%

article thumbnail

Mortgage, Mortgage, Mortgage: What First-Time Home Buyers Need to Know

Realty Biz

There are fixed-rate mortgages, adjustable-rate mortgages, hybrid loans, reverse mortgages, and FHA loans that all come with varying interest rates. Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. How Has Inflation Disrupted the Housing Industry?

article thumbnail

6 Best Home Mortgage Lenders in 2025

The Close

620 Conventional loans FHA loans VA loans Jumbo loans Average turn time is 42 days Visit Better Mortgage Conventional: 6.75% FHA: 6.625% VA: 6.5% 620 Conventional fixed-rate loans FHA loans VA loans Jumbo loans Investment property loans Underwriting can take anywhere from a few days to a few weeks Visit U.S.