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3 unique mortgage products to get today’s homebuyer qualified

Housing Wire

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. Often, traditional mortgage products don’t meet their needs.

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Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Under this policy, lenders can include income earned from ADUs when underwriting their mortgage.

Finance 441
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How To Get A Mortgage For A Rental Property

Real Estate Finance HQ

Getting a mortgage for a rental property can be very different from getting a mortgage for a personal residence. The first time I got a rental property under contract, everybody told me: “we don’t do mortgages for non-owner occupied residential houses.”

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I would be happy to give you an equity analysis and let you know how much equity you have in your home. I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market.

Brokerage 329
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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

Jeremy Foster, founder and chairman of Calque offers an explanation of this process and how it differs from the traditional homebuying process. HousingWire: How does the “buy before you sell” model differ from the typical homebuying process? HW: How has the proptech space evolved in the last 5-10 years?

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Can you buy a home with plans to rent on Airbnb?

Housing Wire

Considering the median mortgage payment sits around $1,100, that’s a pretty big chunk of change to be bringing in. But buying an Airbnb property isn’t quite the same as buying a new home to live in. But buying an Airbnb property isn’t quite the same as buying a new home to live in. How much house can you afford to buy?

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ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

Intercontinental Exchange (ICE) completed its acquisition of Black Knight Tuesday, making the combined company the biggest player in the mortgage tech space. I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night.