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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. Get pre-qualified with a mortgage lender. Find a HUD-approved agent. No problem!

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21 Features That Can Negatively Affect Your Home Appraisal

HomeLight

The appraisal is a crucial step in the closing process; your home must appraise for equal to or more than the sale price for the buyer’s lender to approve their mortgage. FHA loans require a special appraisal. The FHA appraiser ensures that the property meets HUD’s minimum property requirements.

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The Ultimate Guide to Buying a House in Colorado

Redfin

Colorado, the land of breathtaking natural beauty and endless outdoor adventures, is a wonderful place to call home. Additionally, it’s important to review your credit report and score, as these can impact your ability to get approved for a mortgage and affect your interest rate.

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After mortgage lenders shut down, what’s next for loan originators?

Housing Wire

Morgan , launched in September 2022, enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). It also underwrites conventional loans and works as a marketing tool for LOs. For an independent mortgage bank, they did 192 construction loans in-house last year.

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