Keeping Current Matters

OCTOBER 13, 2021

If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase. If you decide to renovate, you’ll need to refinance (or take out an equity loan) to access the equity.

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Renovation Equity Mortgages Design 274

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. Lower interest rates tend to create a more dynamic and competitive market for buyers and often result in an eventual rise in home prices.

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Fixed-rate mortgage Agents Marketing Lending 441

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “There is too much distraction in the market; there are some negative folks out there.

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Mortgages VA loan Finance Loans 473

Housing Wire

FEBRUARY 3, 2023

HELOCs have continued to set the stage as flexible, helpful products that provide quick access to financing for a multitude of uses including home renovations, debt consolidations or emergency purchases. Additionally, 65% of the total respondents are currently planning or have plans to renovate their homes within the next two years.

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Renovation Fixed-rate mortgage Equity Finance 384

Housing Wire

MAY 1, 2023

The Consumer Financial Protection Bureau (CFPB) announced on Monday a proposed rule that seeks to bolster consumer protections for borrowers seeking Property Assessed Clean Energy ( PACE ) financing for home renovations. We are proposing new rules that would require sensible safeguards on these clean energy loans.”

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Loans Lending Finance Renovation 371

Housing Wire

FEBRUARY 12, 2024

residential mortgage market and housing-related assets. Proprietary Capital expects to add products and gain market share across all channels after the ARF acquisition, the company said in a statement. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

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Lending New Construction Construction Finance 408

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,” ” reads an Opendoor Technology Inc. For the same period this year, the company has 4,007.

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Marketing Investor Sales Renovation 421

Housing Wire

OCTOBER 15, 2020

OJO Labs announced its first foray into fintech on Thursday with its acquisition of Digs, a personal finance platform. With this acquisition, OJO Labs hopes to help homebuyers and homeowners navigate financial responsibilities like saving for a down payment, securing the right lender, building equity and saving for renovations.

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Finance Loan Officer Equity Renovation 218

Housing Wire

MARCH 14, 2024

“We are excited to expand our impact and better serve our target market borrowers.” Treasury Department , given to specialized organizations that provide financial services to low-income communities and others who lack financing options. Change is a community development financial institution (CDFI) that is certified by the U.S.

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Lending Banks Loans Renovation 414

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said. decline from 2022, according to Inside Mortgage Finance.

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Lending Loans Renovation Mortgages 425

Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

VA loan 441

VA loan Loans Mortgages Lending 441

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Using a 3-month bank statement program, borrowers who would not otherwise qualify due to lost or nontraditional income may be able to buy a new home and place their own on the market. Jumbo products.

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Marketing Banks Lending Loans 432

Housing Wire

JULY 14, 2022

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. Another area of focus for the administration is improving its financing for manufactured housing.

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Title Land Finance Renovation 378

Housing Wire

NOVEMBER 20, 2023

The lender also brought over 45 former retail branches from Finance of America Companies Inc. Founded in 1996, APM offers a range of products, including conventional, jumbo, FHA, VA, USDA loans and reverse mortgages as well as renovation and construction loans. FoA) months after it shut down its forward mortgage segment.

Mortgages 412

Mortgages Lending Finance Loans 412

Realty Biz

SEPTEMBER 29, 2022

If you’re in the process of planning a home renovation, you’re likely feeling both excited and anxious. Renovations can be a great way to update your home and add value to it, but they can also be tricky and expensive if not done correctly. A successful home renovation requires a team of skilled professionals.

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Renovation Loans Finance Design 103

Inman

JANUARY 30, 2023

million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman. QED led a $19.5

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Renovation Construction Marketing Finance 130

Realty Biz

SEPTEMBER 24, 2022

Whether you’ve bought a new home, or you’re sprucing up an investment property , home renovations can add immediate and long-term value to your home. With mounting material and labor costs, your renovation dreams can quickly put a strain on your budget. Here are 10 ways to save money on home renovations. They can also be costly.

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Renovation Finance As-is Sales 103

Redfin

JANUARY 23, 2024

In an era defined by digital innovation and the rise of cryptocurrencies, the use of Bitcoin extends far beyond the realm of traditional finance. This article explores the innovative ways Bitcoin is reshaping the world of home renovation, providing a glimpse into the future where Bitcoin meets interior design and construction.

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Renovation Finance Loans Design 63

Housing Wire

AUGUST 4, 2023

On the housing market, she said that conditions are still favorable for households, supporting housing demand. Another outcome will be that affordable markets, such as those in the Midwest, will continue to see an outsized level of housing activity for both homeowners and renters, she said.

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Marketing Residential Construction Commercial 354

Realty Biz

JULY 21, 2021

Most people understand that renovations can help to increase the value of their home, but many could benefit from guidance on what exactly needs upgrading, a new study has found. homeowners, commissioned by Coldwell Banker Real Estate, found that many people are unclear about the home renovation process. The survey of 2,000 U.S.

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Renovation Finance Staging Agents 108

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants.

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Renovation Development Rent back Principal 369

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. ” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. What is a Turnkey Rental Property?

Finance 93

Finance FHA loan Investor Loans 93

RIS Media

MARCH 16, 2022

During the frenetic housing market of the past two years, many buyers settled on a property in less-than-perfect condition in order to secure a home. Either way, home renovations are on the horizon for many. The post Survey: Majority of Homeowners Postponing Renovations and Repairs appeared first on RISMedia.

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Renovation Equity Finance Lending 98

Housing Wire

JULY 25, 2023

Homeowners and renters may not have felt the full impact of climate-related disasters since, oftentimes, they do not end up directly paying for renovations or repairs necessitated by an adverse climate event, Fairweather said. New homes are also more likely than older homes to face heat and flood risk.”

Marketing 363

Marketing Renovation As-is Mortgages 363

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market.

Marketing 397

Marketing Lending Banks Loans 397

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.

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Renovation Construction Development Finance 450

Housing Wire

SEPTEMBER 24, 2021

As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase. Through this program, Acra aims to remove many of the financing hurdles typically faced by those in the fix-and-flip sector.

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Lending Finance Loans Investor 427

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovation 441

Renovation Loans Construction Finance 441

Housing Wire

JUNE 1, 2023

The deal also expands Planet’s footprint in the Midwest, Northwest and West Coast markets. According to Gross, the move to the new company brings “access to improved pricing, technology and marketing to Platinum’s branches.” “In The company’s assets will add to Planet’s 30 branches and 128 active LOs. The lender originated $6.5

Mortgages 397

Mortgages Lending Loan Officer Loans 397

Housing Wire

MARCH 2, 2021

A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. If you have the finances to do so, consider making some light renovations before selling your home. More for Real Estate Enthusiasts. 5 reasons to refinance your mortgage right now. Make Sure You Clean The House.

Renovation 504

Renovation Finance As-is Mortgages 504

Housing Wire

MARCH 3, 2021

The programs include MAXEX Sustainable, which allows borrowers to finance green energy renovations into their 30-year fixed mortgage, and allows for residential solar panels and geothermal units to be amortized in the loan at the point of purchase or refinance. Both programs are offered for loan values from $400,000 to $3 million.

Loans 441

Loans Banks Residential Finance 441

Housing Wire

AUGUST 2, 2022

In a department memo, the VA explained that the move was a response to “high demand for appraisal services and limited availability of appraisers in certain local market areas.”. The purchase price can’t exceed the Federal Housing Finance Agency ’s conforming loan limits, which top out at $970,800 for 2022.

Finance 370

Finance Renovation Loans Mortgages 370

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.

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Technology Marketing Purchase and sale agreement Equity 135

Housing Wire

FEBRUARY 15, 2023

The lender also brought over 45 former retail branches from Finance of America Companies Inc. The lender offers a range of products, including conventional, jumbo, FHA, VA, USDA loans and reverse mortgages as well as renovation and construction loans. We went into this declining market prepared to take advantage of it,” Lowman said.

Lending 365

Lending Loan Officer Loans Mortgages 365

Realty Biz

NOVEMBER 14, 2023

The housing market is a dynamic and ever-changing landscape. Corrections in the housing market rank among the key factors that significantly impact this industry. Understanding housing market corrections is essential for investors, policymakers, and homeowners alike. It plays a crucial role in the economic health of a region.

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Due diligence Marketing Investor Finance 91

HomeLight

MAY 10, 2024

A home equity loan can be a life-lifting tool for funding home renovations, consolidating debt, or covering unexpected expenses. Essentially, the loan amount is determined based on the difference between your home’s current market value and the remaining balance on your mortgage. But what if your financial need is pressing?

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Equity Loans Renovation Finance 84

Realty Biz

NOVEMBER 13, 2023

The real estate market is dynamic and connected to the overall economy, but it’s also subject to regular periods of boom and bust. What Is the Real Estate Market Cycle? Disruptions like the COVID-19 pandemic can play a large role in how accurately experts can forecast how the housing market might behave.

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Marketing Investor New Construction Construction 113