Housing Wire

FEBRUARY 21, 2023

Real estate agents, brokers and other qualified third parties offer inspection support, aided by sophisticated cameras and guided by GSE-mandated standards for data collection. For appraisals, the automated confirmation can include the inspector’s photo and vehicle type.

Pre-approval 336

Pre-approval Technology Title Loans 336

Housing Wire

MARCH 11, 2022

Because Fairway gets most of its reverse mortgage business from referral partnerships, extending to the purchase market made sense for Fairway because of the partnerships that its loan officer corps has spent so much time developing, according to Hultquist. Harlan Accola. Real estate agents hate dealing with call centers,” he says.

FHA loan 356

FHA loan Due diligence Loan Officer Loans 356

Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process.

Technology 414

Technology Due diligence Development Loan Officer 414

Housing Wire

APRIL 13, 2021

Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy.

Marketing 532

Marketing Option period Lending Loan Officer 532

RIS Media

MAY 4, 2022

They provide 8-hour and 7-hour CE courses to fulfill all national education needs, as well as a 20-hour national PE course, which will help prepare students for the National Mortgage Loan Officer SAFE Test. The CE Shop’s mortgage courses are available in every state plus the U.S. For more information, visit TheCEShop.com.

Pre-approval 96

Pre-approval Loan Officer Inspection Industrial 96

Keller Williams

AUGUST 17, 2022

As a partner of Keller Williams, our loan officers are here to provide your clients with the easiest home financing experience available,” says Ball. “We Connect with a Keller Mortgage Loan Officer. For a full list, head to KellerMortgage.com and connect with one of their experienced loan officers.

Finance 90

Finance Pre-approval Loan Officer Mortgages 90

Housing Wire

OCTOBER 9, 2020

.'” For Gary Malis, chief financial officer of Paramount Residential Mortgage Group , the complexities in modeling right now are dizzying, especially when accounting for servicing and PIWs (property inspection waivers). “You talk about what you want to buy – it’s about how you price it up front,” said Malis.

Marketing 370

Marketing Banks Investor Technology 370

Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. No Need to Reinvent the Wheel – Put Your Customer First.

Lending 339

Lending Technology Loans Industrial 339

RIS Media

JULY 19, 2021

However, by joining with a loan officer as knowledge partners, you can also position your partnership as an invaluable resource to homebuyers and sellers. The loan process, title work, inspections, research and stress is like having a part-time job while you are in the middle of it!

Loans 98

Loans Loan Officer Equity Inspection 98

RIS Media

FEBRUARY 28, 2022

Real estate professionals, investors and homebuyers rely on these providers to conduct inspections, procure financing, clear titles and conduct closings. If your favorite loan officer, real estate attorney or home inspector shows the flaws, let them know. Now is a good time to consider these relationships and upgrade your team.

Loan Officer 98

Loan Officer Technology Inspection Title 98

Redfin

APRIL 7, 2023

Get pre-approved for a mortgage My advice to first-time homebuyers is to find a good loan officer and get pre-approved, fully underwritten approval is best. Work with that loan officer and their agent to understand what timeframes they’re comfortable with in an offer. If the rate buy down puts the interest rate 1.5%

Pre-approval 58

Pre-approval Agents Pre-qualification Debt-to-income ratio 58

HomeLight

OCTOBER 1, 2020

The very first step that must take place before a loan officer can submit your application for processing is that the seller must accept your offer. Order a home inspection and appraisal. The next task on the list is to get a home inspection and a home appraisal. Home appraisals can cost the same amount as an inspection.

Closing 75

Closing Purchase and sale agreement Inspection Loans 75

Realty Biz

JUNE 15, 2022

Department of Veterans Affairs (VA) loan. Check with your loan officer to see if you qualify for any first-time buyer programs. In addition, you may have other variable fees and expenses including costs for a home inspection, appraisal, attorney fees, and a real estate agent commision.

Debt-to-income ratio 97

Debt-to-income ratio VA loan Fixed-rate mortgage Loans 97

Real Trends

JANUARY 4, 2023

The buyers can always consider including contingencies in their offer that protect them, e.g. inspection period, appraisal contingencies, etc. Before your clients write the offer, ask the listing agent for some ideal terms from the seller such as the date for close of escrow, title company, shortened inspection period, etc.

Closing costs 81

Closing costs Inspection Title Agents 81

Lab Coat Agents

MARCH 4, 2022

Well, this one is hard, but in this market environment, let’s presume that all of your Buyers are using all the tricks of the trade: waiving inspection remediation, offering strong appraisal floors, offering cheap use & occupancies, “like cash” offers & even showing up with loan commitments pending chosen property, to name a few.

Proof of funds 98

Proof of funds Inspection Loans Loan Officer 98

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close. Each step can take a few days.

Closing 82

Closing Inspection Title Due diligence 82

HomeLight

JUNE 18, 2021

Home inspection. Home inspections are an important part of the due diligence process in which the property is carefully looked over by a professional. Home inspection costs range between $300 and $500, but if you paid the inspector directly, you won’t see this on your closing statement. Pest inspection. Survey fee.

Closing costs 104

Closing costs Closing Mortgages Title 104

Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. For example, a termite inspection could show that there is damage that’ll require major repairs or the appraisal value of the home comes in lower than the price you offered on the home.

Closing 62

Closing Title search Purchase and sale agreement Title 62

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. Property data collection consists of a complete interior and exterior inspection of the subject property. How do the solutions work?

Loans 363

Loans Inspection Lending Technology 363

McKissock

JANUARY 18, 2022

A good agent is willing to share their knowledge of different areas, as well as share their contacts regarding loan officers, essential documentation that shows sellers the buyers are serious, among other services. They are honest about what the client can afford, and they are willing to go to bat for them. Answer Questions.

Due diligence 96

Due diligence Loan Officer Agents Inspection 96

Realtor.com

NOVEMBER 27, 2022

A good loan officer can make a difference at this point, as an experienced pro will know what documents you need to submit with your application to ensure the process goes as quickly as possible. Lenders are required to provide your loan estimate and disclosures within three days of your application. Step 4: Loan processing.

Mortgages 111

Mortgages Closing costs Loans Loan Officer 111

Realty Biz

APRIL 19, 2021

This attentive spirit also helps when you are inspecting a house, which will ultimately aid you in finding a house that you want because you will be assured that each detail of the house has been looked at thoroughly. Has a network of connections.

Agents 95

Agents Loan Officer Inspection Finance 95

HomeLight

MARCH 31, 2022

Inspection contingency: This grants the buyer the right to have a professional home inspection, and then allows them to renegotiate the price, ask the seller to complete repairs (neither of which the seller is obligated to do), or back out of the contract entirely if the inspection reveals more dramatic issues.

Home sale contingency 82

Home sale contingency Sales Purchase and sale agreement Inspection contingency 82

Real Trends

JULY 15, 2022

This could involve a quick settlement, a rent-back offer, a home inspection without repairs, or doing away with other contingencies. A good local loan officer can also call the local lender who can play a pivotal role in a successful transaction. What you need in today’s market.

Loan Officer 52

Loan Officer Agents Rent back Finance 52

C4D Crew

JANUARY 13, 2022

There are many different types of loans available for homeowners, so it’s up to you to determine which one is right for you. However, your mortgage loan officer will give you recommendations based on your financial situation. These are the types of loans you may qualify for: Conventional Loan. Negotiate .

Loans 52

Loans Closing Pre-approval VA loan 52

HomeLight

JUNE 28, 2021

Here, you’ll find a complete listing of HUD homes nationwide, along with photos, asking prices, appraisals, basic inspection results, bidding deadlines, and more. It’s also important to know what the inspection process involves, depending on the house’s location. “In The inspection process. Find a HUD-approved agent.

Pre-approval 94

Pre-approval Pre-qualification FHA loan Inspection 94

McKissock

SEPTEMBER 28, 2021

That includes two agents, the processor and loan officer. “The most efficient way is to use a drone to inspect properties all around.” I know some of these are automated, and they can really be annoying and are clogging my inbox.” That situation is very burdensome.” ” Other (11%).

MLS 85

MLS Loan Officer Inspection As-is 85

Realty Biz

OCTOBER 20, 2020

The bottom line is that you need to work with a loan officer to determine what you can afford before taking the next step of actually looking at houses. This includes when meeting with your real estate agent, viewing the homes of strangers, accompanying a home inspection, and sitting down at the closing table.

Equity 92

Equity Loan Officer Mortgages Inspection 92

Realty Biz

AUGUST 16, 2022

Then, you have to go through negotiations, escrow, inspections, meetings with loan officers, and so on all before you finally get the keys to your new place. Even if you’re excited to have finally found your dream home, it doesn’t make the process any less harrowing.

Renovation 81

Renovation Loan Officer Inspection As-is 81

Windemere Buying

APRIL 11, 2022

Your mortgage rate will depend on your financial strength, your credit score, and other factors, so make sure to talk to a loan officer before you start looking for a home. Making the jump from renter to homeowner is often a question of affordability. The same is true for remodeling and improvement projects.

Pre-approval 52

Pre-approval Loan Officer Loans Property Management 52

HomeLight

JANUARY 27, 2021

You can usually shop around for the home inspection , title and settlement services, and home insurance. Also, lender fees — which can add up to 3% onto the loan amount — are entirely at the lender’s discretion. This can cause issues if there are errors on your application or if there’s something the loan officer missed.

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117

Realtor.com

MARCH 10, 2021

Aware of that, Kaitlyn and Matt Micali of New Jersey began the process of finding a home by first connecting with a trusted loan officer. With a new awareness of what to look for in a home, they found love again with a Cape Cod-style home that had been professionally flipped.

Pre-approval 72

Pre-approval Loan Officer Mortgages Finance 72

HomeLight

APRIL 19, 2021

Inspections & attorneys. Jean Chou , the principal attorney at JLC & Associates , advises her clients who buy in smaller buildings to schedule their own inspections as part of the homebuying process. Sellers appreciate cash offers because of their faster timelines, as there’s no need to wait for a mortgage loan.

Earnest money deposit 62

Earnest money deposit Inspection Due diligence Agents 62

HomeLight

SEPTEMBER 30, 2020

Keep an eye on interest rates,” says Los Angeles-based loan officer Dan Hunt. I have done many refinances over my career that have saved homeowners hundreds of dollars per month and tens of thousands over the life of the loan.”. Have the loan underwritten and go through closing again. Get the home appraised.

Mortgages 98

Mortgages Fixed-rate mortgage Equity Loans 98

Realtor.com

NOVEMBER 11, 2022

monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Step 3: Learn how a loan officer can help. Step 1: Why financing is the key to buying a new home.

Pre-approval 131

Pre-approval Pre-qualification Debt-to-income ratio Loan Officer 131

HomeLight

APRIL 29, 2022

Offerpad typically performs a home inspection and may charge the seller a repair credit based on the findings. One negative review was posted by a customer who didn’t like that Offerpad lowered their initial offer by more than $10,000 after the home inspection. HomeLight Home Loans : HomeLight has a convenient, prompt mortgage service.

Purchase and sale agreement 85

Purchase and sale agreement Closing costs Closing Staging 85

HomeLight

OCTOBER 8, 2020

Kelli: Yeah, my HomeLight loan officer is always available to me. So, we’re generally doing a home inspection and a pest inspection. to get a home inspection done for us because we were in a hurry on one of these transactions that we did. Let’s say we had active infestation on a pest inspection.

Agents 80

Agents Pre-approval Inspection Staging 80