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. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

Redfin

JULY 11, 2023

The interest rate and term length determine the amount of your monthly payments. What are the different types of mortgages? When considering mortgage options, it’s important to understand the different types available. How does the mortgage pre-approval process work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Realty Biz

SEPTEMBER 30, 2023

Seek professional advice: Working with a mortgage professional, such as a loan officer or mortgage broker, can provide valuable guidance. They can help you navigate the mortgage process and identify suitable options based on your financial situation and provide you with a pre-approval.

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

Patch of Land

NOVEMBER 1, 2017

Prices in 27 states as of this past March had surpassed peaks reached prior to the housing crisis, and 10 states were within 5 percent of their pre-crisis peaks. Although rising mortgage rates are a concern, low unemployment, improved wage growth and generally strong consumer confidence are working in the mortgage industry’s favor.

Pre-qualification 28

Pre-qualification Lending Loans Fixed-rate mortgage 28

Toronto Realty Blog

APRIL 16, 2021

At 2.29% for a 25-year amortization, on a 5-year fixed-rate mortgage, they would carry this for $2,100.36 They qualified based on a “stress-tested” rate of 4.79%, and just slid through, being able to make those payments of $2,734.60. They have a 20% down payment on a $600,000 purchase. End NIMBY’ism?

Pre-qualification 65

Pre-qualification Development As-is Marketing 65

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Got Clients With Interest Rate Questions? Fixed-rate mortgage.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98