Redfin

JULY 31, 2025

Why it matters: legal documents, taxes, loans, and insurance Your primary residence plays a central role in major areas of homeownership: Loans: Mortgage lenders often offer better interest rates and lower down payment requirements for a primary residence compared to a second home or rental property.

Principal

Housing Wire

JANUARY 17, 2025

Joel Kan, MBA’s vice president and deputy chief economist, highlighted a rise in government loan activity as a key factor behind new-home mortgage growth. ” The Federal Housing Administration (FHA) share of loan activity ramped up to 29.4% the second-highest share in the history of the survey. .”

FHA loan

HomeLight

APRIL 2, 2025

Still, they are often hired by escrow agents and title companies to prepare closing documents due to Hawaiis history of land division and recording procedures and its implications on modern real estate practices. Rich Wu from Josh Jerman’s Team Is a real estate attorney required? Real estate attorneys are not essential for closing.

As-is

Redfin

JULY 17, 2025

We’ll outline how you can make your case without the typical job history and which loans might be a better fit. a job letter can help If you just landed a full-time, salaried position, especially in your field, lenders may accept a signed offer letter in place of a full employment history. Military veteran? Re-entering the workforce?

VA loan

Housing Wire

MAY 26, 2025

If these buyers are looking online for lenders and land at your front door, your purchase application, and it looks like every other cookie-cutter purchase application, they wont be impressed. Too often, loan officers treat automation like a necessary evil a cold, robotic system that strips out the human touch. Translation?

Loan Officer

Marco Santarelli

MAY 22, 2025

He generally advises against FHA and VA loans due to their additional fees. Federal Land Use: Opening up more federal land for development could lead to an increase in available housing in some areas. In my experience, Ramsey's principles are spot on.

Marketing

HomeLight

MARCH 21, 2025

Youll also be prompted to fill out information about : Structural elements Utilities Land Use Taxes Appliances History of flood No matter what method you choose to sell your home, its required to make these disclosures to the best of your ability. The form will walk you through documenting what you know about the condition of the property.

As-is

Housing Wire

OCTOBER 20, 2022

on Wednesday announced that it has released an Attorney Opinion Letter (AOL) product for VA direct and VA-backed home loans as a compliant alternative to title insurance. Voxtur previously announced this year that it had produced an AOL for Fannie Mae loans. Real estate tech firm Voxtur Analytics Corp.

VA loan

Housing Wire

MAY 25, 2022

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. The VA did not immediately respond to requests for comment. The post VA removes pre-approval process for some loans?

Pre-approval

Housing Wire

MARCH 22, 2023

Department of Veterans Affairs (VA) announced on Wednesday that it will lower the VA Native American Direct Loan (NADL) program interest rate from 6% to 2.5% in an effort to make housing loans more affordable for Native American military veterans. interest rate for the life of the loan. from 2012 to 2021.

VA loan

Housing Wire

SEPTEMBER 17, 2024

These lenders take advantage of the profit margins on VA loans to charge veterans inflated fees and higher interest rates. According to its results, veteran homebuyers who work with a mortgage broker saved an average of $13,600 over the life of their loan compared to working with retail lenders. Click Here

Lending

Housing Wire

OCTOBER 25, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 15.2% The share of Department of Veterans Affairs (VA) loan activity was 10.5%, down from 10.7% the week prior while the share of Department of Agriculture (USDA) loan activity decreased to 0.4% from 14.8% for the week ending Oct.

Mortgages

Housing Wire

JUNE 30, 2023

Indian Land, South Carolina-based lender Movement Mortgage has agreed to pay $23.75 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Attorney’s Office said. FHA is part of the HUD.

Loans

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officer

Housing Wire

MARCH 21, 2022

The loans that are exempt from RESPA. Loan types covered by RESPA are many, but there are specifically exempt loan types. Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Agents

Housing Wire

FEBRUARY 28, 2024

Landing a California home is hard and expensive – especially in San Diego. San Diego produced about 42% fewer conforming mortgage loans (loans that meet federal purchase qualifications ) and about 31% fewer jumbo (nonconforming) loans for home purchases in 2023 than in 2019. In 2022, however, only 55.3%

Marketing

Housing Wire

MARCH 24, 2021

A recent Redfin study showed that cash is currently king , with buyers increasing their chance of landing that home they want by nearly 300% if they offer all-cash. That’s coupled with a rise in mortgage rates , too. For most people, though, that isn’t an option.

Fixed-rate mortgage

Realty Biz

MARCH 28, 2023

A VA appraisal is similar in some ways to the appraisal with a conventional mortgage, but they do more to protect buyers. We look at a home's requirements when applying for a VA loan. There are VA loan inspection requirements for appraisals that buyers, sellers, and real estate agents should know.

VA loan

Housing Wire

JUNE 8, 2023

Fannie Mae dropped a bomb on the title insurance industry in April 2022, when it adjusted its selling guide to allow the purchase of loans using attorney opinion letters (AOLs). We strongly believe that title insurance is, and always will be, essential,” the American Land Title Association wrote in an email to HousingWire in April 2022.

Title

Windemere Buying

NOVEMBER 11, 2020

VA loans provide a path toward homeownership for active service and veteran personnel and their families. The following serves as a guide to understanding what they are, who they are available to, and what types of loans are available to them. What Are VA Loans? How Do VA Loans work?

VA loan

Realty Biz

JULY 20, 2022

For some buyers, there might even be a no down payment home loan available. The Federal Housing Administration regulates and backs the FHA Loans program. The Federal Housing Administration regulates and backs the FHA Loans program. These government-insured loans allow home buyers low down payments of just 3.5%.

Loans

The Mortgage Report

APRIL 20, 2021

A VA construction loan lets you buy land, build a home, and finance the mortgage with 0% down. But these loans can be hard to find. Learn more here.

Construction

The Mortgage Report

APRIL 20, 2021

A VA construction loan lets you buy land, build a home, and finance the mortgage with 0% down. But these loans can be hard to find. Learn more here.

Construction

Rent, Buy & Sell

FEBRUARY 7, 2021

Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. The FHA Loan program was created to help low to moderate-income homebuyers, particularly those that do not have enough cash saved for a down payment.

Loans

HomeLight

NOVEMBER 29, 2021

Grants and loans. By contrast, borrowers may be expected to repay down payment assistance loans, though often, they won’t have to repay any assistance until they either sell the house, refinance, or pay off the mortgage loan. However, if you receive money as a loan, the money will need to be paid back when you sell your home.

Land

HomeLight

JUNE 21, 2023

Others, such as the California Employee Loan Program, or CELP , are targeted to residents in a particular state. Veterans also can combine a VA loan with this program. Once you sell your home, Landed receives 25% of its investment gain or loss. Where to learn more: Landed’s down payment program one pager.

Loans

HomeLight

DECEMBER 30, 2021

Unless you’re paying cash for your new home, you’ll need a mortgage loan. And if you’re a first-time buyer, you’ll probably have more than a few questions about types of loans, how much down payment you’ll need, and how to qualify for the right loan for you. Are there loans for first-time homebuyers?

Loans

HomeLight

OCTOBER 22, 2021

Its purpose is to help give you an idea of how much home you can afford with a home loan. After you enter your numbers, you can even play around a bit with inputting different figures, such as the down payment amount, to see where they land you in terms of monthly payments. What are the top 11 factors that determine affordability?

Pre-qualification

Realtor.com

NOVEMBER 28, 2022

While there are a variety of mortgages aimed at helping homebuyers afford a home—such as FHA loans and VA loans —one type that’s often overlooked are USDA loans, which offer excellent terms to those who qualify, including a 0% down payment and low interest rates. What is a USDA loan? Types of USDA loans.

Loans

Marco Santarelli

MAY 27, 2024

If you're in the market for a house, that 7% average rate on a 30-year fixed loan might feel like a brick wall blocking your dream of homeownership. An assumable mortgage is a way to take over the existing mortgage on a property instead of getting a brand-new loan. Unfortunately, conventional loans are generally not assumable.

Debt-to-income ratio

HomeLight

OCTOBER 15, 2020

Many wishful homeowners would just keep on driving and try to forget that their dream home is on the market … but you know how to apply for a USDA loan, so you turn your car around and head home to do just that. These loans — like FHA and VA loans — are backed by the government. Among its attractive features?

Loans

Realty Biz

AUGUST 21, 2022

There is also the challenge of finding a low cost piece of land if there are not resales available. Your mortgage loan is likely to be much smaller with this type of housing choice. Small houses generally mean far more breathing room when it comes to a house loan. Not every city of town will allow shipping container housing.

VA loan

Redfin

OCTOBER 27, 2020

Understand the VA home loan. Most veterans are eligible for a VA home loan, which is provided by private lenders but backed by the U.S. A mortgage that requires $0 down, VA loans are a competitive and affordable way for veterans laying down roots to save. In this case, an FHA loan is a great option.

VA loan

The Close

OCTOBER 1, 2024

Mortgage lead generation is unique since many homebuyers and sellers aren’t actively searching for a mortgage loan officer. However, mortgage brokers can create and maintain steady, high-quality leads using effective marketing methods like landing pages, social media, advertising, and networking. Visit Fiverr 3. Visit Zillow 4.

Mortgages

Real Trends

MARCH 18, 2022

The loans that are exempt from RESPA. Loan types covered by RESPA are many, but there are specifically exempt loan types. Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Agents

HomeLight

JUNE 14, 2023

If you plan to purchase a brand-new manufactured home, you will likely have no problem securing financing and bundling the home loan with a lot loan. Because of this, it might be difficult or impossible to secure a loan, depending on the home’s condition and the state and local regulations.

Land

C4D Crew

MARCH 8, 2021

This article will explain five loan programs for first-time buyers. Federal Housing Administration Loan. First-time homebuyers and those with no or low credit may be eligible for a loan that is guaranteed by the Federal Housing Administration (FHA). The FHA will not guarantee loans to purchase rentals or vacation homes.

Loans