Housing Wire

DECEMBER 28, 2023

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.

Loans 432

Loans FHA loan Mortgages Loan Officer 432

HomeLight

AUGUST 31, 2020

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%

Debt-to-income ratio 93

Debt-to-income ratio FHA loan Pre-qualification VA loan 93

Realty Biz

MARCH 30, 2023

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?

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Rochester Real Estate

NOVEMBER 5, 2015

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!

Finance 52

Finance Mortgages VA loan Pre-approval 52

RIS Media

AUGUST 5, 2020

The 2019 – 2020 State of Asia America Report , an annual AREAA publication, provides a snapshot of the state of AAPI homeownership pre-COVID-19. Just 6 percent and 2 percent of Asian loan applications are for FHA loans and VA loans, respectively. Not wanting to pay PMI.

VA loan 95

VA loan FHA loan Pre-qualification Loans 95

Realty Biz

SEPTEMBER 30, 2023

Government-backed programs: Government-backed mortgage programs, such as FHA loans, VA loans, and USDA loans, often have more relaxed credit score requirements. Seek professional advice: Working with a mortgage professional, such as a loan officer or mortgage broker, can provide valuable guidance.

Finance 96

Finance Debt-to-income ratio FHA loan Mortgages 96

Lab Coat Agents

NOVEMBER 20, 2024

The most common types of assumable loans are those backed by the Federal Housing Administration (FHA), the Veterans Affairs (VA), and the U.S. FHA loans often allow for assumptions if both the seller and buyer meet the necessary requirements. The buyer must also meet qualifications for demonstrated creditworthiness.

Purchase and sale agreement 98

Purchase and sale agreement Mortgages Pre-approval VA loan 98