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FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Housing Wire

Of these actions, 2.682 million have been permanent loan modifications and 3.519 million actions have been other forms of assistance that allowed troubled borrowers to stay in their homes. The number of completed short-sale and deeds-in-lieu transactions in Q4 2023 totaled 134, a decrease of 12% compared to the previous quarter.

VA loan 466
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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Understanding the Mortgage Process When purchasing a home, understanding the mortgage approval process is essential. It is essential to prepare for the mortgage pre-approval process.

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Short Sale Mortgage Loans: What Borrowers Need To Know

HomeLight

But what if you’re buying a short sale? Does that mean you might encounter even more reasons to cry while trying to get a short sale mortgage loan ? Securing a short sale mortgage loan isn’t that different from purchasing a standard home. What’s a short sale ?

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How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. No one daydreams about filling out mortgage applications, and the process is complicated because you have to keep track of so many details and make so many choices. Source: (Matthew Henry / Burst).

Loans 94
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Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. When you place your home on the market, it’s hard to predict if your top offer will come from a cash buyer or a buyer pre-qualified for a home loan.

As-is 97
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How to Buy a Preforeclosure Successfully: A 13-Step Beginner’s Guide

HomeLight

A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.).

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Selling a House ‘As Is’ in Minnesota

HomeLight

Brickle says that types of homeowners looking to sell “as is” are most commonly people just in over their heads —- due to a combination of the house needing repairs or being behind on mortgage payments with the threat of foreclosure looming. If your house complies with FHA, it complies with most other lenders’ requirements.

As-is 104