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

“For some smaller originators, it could kind of move the needle,” said Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW). “But I don’t think it can be meaningful for the big companies just because these other markets are smaller than the traditional mortgage market.”

Mortgages 391

Mortgages Equity Loans Seller concession 391

HomeLight

AUGUST 25, 2020

“If you want to, you could sell your house immediately after the paperwork says it is officially yours,” says Kimberly Porter, CEO of Microcredit Summit , a top personal finance publication. You could forfeit any chance at making a profit — or even face a loss on the sale. As with any home sale, you’ll have to cough up some costs.

Principal 68

Principal Equity Seller concession Title 68