Housing Wire

OCTOBER 31, 2024

The interest rate on the loan has been lowered from 9.99% to 9.49%. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender. It will also be available in four new states, bringing the total to 10 with more planned for 2025.

Mortgages

Housing Wire

MAY 12, 2025

In this conversation, Davis breaks down the surge in demand for second liens, DSCR loans, and alternative income documentation and why originators who lean in now are setting themselves up for long-term success. Instead, these people are renovating or making improvements by tapping into their equity. Homes across the U.S trillion.

Loans

Housing Wire

JUNE 13, 2025

Kind Lending , a national wholesale mortgage lender and his second brainchild, is built on lean operations and a focus on efficiency — a contrast with his first company, Stearns Lending, which filed for Chapter 11 bankruptcy in 2019. Inside Mortgage Finance (IMF) reported that Kind Lending originated $7.5 bps, per MBA data.

Mortgages

Housing Wire

JULY 28, 2025

Total originations of open-ended home equity lines of credit ( HELOCs ) and closed-end home equity loans increased in 2024 by 7.2% That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. billion in maximum credit extended and $70 billion in outstanding loans as of year-end.

Equity

Housing Wire

OCTOBER 23, 2024

On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value ratio of up to 89.99% without requiring mortgage insurance (MI). Loan amounts, however, cannot exceed conforming limits. UWM is simply taking a lower margin, effectively,” he added.

Equity

Housing Wire

JANUARY 30, 2025

In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors.

New Construction

Housing Wire

MARCH 6, 2025

We had to take back some properties where we dont have a large real estate operation, so we didnt want to keep them, said Sims, general partner at Constitution Lending , a Connecticut-based real estate lender providing fix-and-flip and long-term loans to real estate investors. Make everything new so you dont have to come back as much.

Renovation

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. In a press release, the company announced that its HELOC business channel increased its revenue from $15 million per month in January 2024 to $60 million per month by October 2024.

Equity

Housing Wire

JUNE 10, 2025

Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market.

Finance

Marco Santarelli

DECEMBER 29, 2024

Lender Competition: A competitive lending environment can lead to better rates for consumers. Understanding these variables is vital for borrowers, as it helps them anticipate potential mortgage costs and make informed decisions regarding their loans.

Mortgages

The Close

NOVEMBER 25, 2024

Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out.

Purchase and sale agreement

The Mortgage Report

JUNE 13, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? FHA loans have more flexible credit guidelines than most conventional loans.

FHA loan

The Mortgage Report

JUNE 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

Equity

Marco Santarelli

JANUARY 27, 2025

On January 27, 2025, today's mortgage rates have seen a notable drop across various loan types, making it a potentially cost-effective time for homebuyers and those looking to refinance. Jumbo loans, which are typically used for properties above the conforming loan limit, require a monthly payment of $670.01 per $100,000.

Mortgages

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. Unlike most types of fix and flip loans, it has no application fee, doesnt require an appraisal, and doesnt require income verification.

Loans

The Living Room

JUNE 13, 2025

Connecting with Contractors : Providing referrals for any needed repairs or renovations. They will: Pre-Approval Process : Help determine how much you can borrow and identify suitable loan programs. Document Collection : Request necessary documents to process your loan application.

Pre-approval

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI. It is recommended that you to guide you through the bewildering process.

Property Management

The Close

MAY 20, 2025

An investment property loan is any type of financing you use to buy or refinance a property that generates income, like a rental property (single-family home or a multifamily property) or a commercial property. million Interest rates: Starting at 6.5% million Interest rates: Starting at 6.5% million Interest rates: Starting at 6.5%

Loans

GeekEstate

FEBRUARY 13, 2025

Vontive’s platform automates key aspects of mortgage lending, including underwriting, risk assessment, loan structuring, and servicing. They provide standardized short- and long-term mortgage products, including short-term loans for purchasing and renovating properties, as well as long-term financing for rental properties.

Lending

The Mortgage Report

JUNE 9, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? These aren’t small fluctuations.

FHA 203k rehab loan

Marco Santarelli

MARCH 15, 2025

Are you thinking about renovating your kitchen, paying off some high-interest debt, or maybe even funding a dream vacation? They Assess: They'll look at your credit score, income, and the value of your home to determine how much they're willing to lend you. If you're a homeowner, you might be wondering how to finance these big goals.

Equity

BAM Media

APRIL 3, 2025

Its also worth noting that the new administrations tariff policy could drive up home values by raising the cost of building materials for new construction and home repairs and renovations. #3: People who cannot realistically afford a home are far less likely to be approved for a loan. The nested equity is $38 trillion.

Bankruptcy

AAOA

MAY 22, 2025

When too many units sit empty, securing favorable loans becomes a challenge, limiting your ability to grow or stabilize your investment. Get a Free Multifamily Loan Quote Access Non-Recourse, 10+ Year Fixed, 30-Year Amortization GET A FREE QUOTE How Do High Vacancy Rates Impact the Financing of Multifamily Properties?

Finance

Redfin

MARCH 4, 2025

Investors may see foreclosure purchases as an opportunity to renovate and resell for a profit, while homebuyers may find a house they wouldnt otherwise be able to afford. Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans.

Pre-approval

The Close

JULY 28, 2025

You see, portfolio lenders retain loans in-house so they don’t have to worry about third-party requirements. Because of this, they have a lot more flexibility in determining who they want to lend to, how much, and the specific rates and terms to offer. With that being said, portfolio lenders aren’t all created equal.

Pre-qualification

Redfin

FEBRUARY 26, 2025

How square footage affects mortgages Since square footage plays a role in a homes valuation, it can influence mortgage lending in several ways: Loan approval and appraisal impact Mortgage lenders require an appraisal to determine the value of a home before approving a loan.

MLS

Marco Santarelli

APRIL 23, 2025

The Fed sets the federal funds rate, which is the rate banks charge each other for overnight lending. Lenders add this “spread” to cover their costs and the risk of lending money. Look into loans like the FHA 203(k) mortgage, which allows you to finance the purchase and renovation costs into one loan.

Mortgages

Redfin

JULY 31, 2025

State and local programs: Cities and states may offer down payment assistance, forgivable loans, or closing cost help. Federal loan options: Government-backed loans like FHA, VA, and USDA loans are popular among first-time buyers, offering flexible credit and down payment requirements. These require just 3.5%

Purchase and sale agreement

The Close

MAY 6, 2025

As a real estate agent, its important to share with clients the pros, cons, and strategies for renovating or making small improvements to houses. This knowledge can help you help clients make smart decisions when buying, selling, or improving a property. Visit Figure HELOC $25,000-$750,000 Starting at 8.5%

Loans

Marco Santarelli

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. Such estimates illustrate how larger loans significantly impact budget planning.

Mortgages

Marco Santarelli

JUNE 1, 2025

As of June 1, 2025, today's mortgage rates show a notable decrease for 30-year fixed loans, which are now at 6.77% , down by seven basis points. Current job projections anticipate meaningful growth in 2025 and 2026, potentially impacting housing and loan markets positively.

Mortgages

Redfin

JULY 7, 2025

But is a home inspection necessary for a loan? This helps the lender mitigate their risk and confirm that the loan amount is in line with what the property is actually worth. Used for loan approval? Is a home inspection required for government-backed loans? Yes No (unless further issues arise) Can it affect purchase?

Inspection

Marco Santarelli

JULY 2, 2025

Federal Reserve's Monetary Policy : The Federal Reserve influences mortgage rates through its setting of the federal funds rate, which affects how much banks charge each other for lending. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

Norada Real Estate

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. Such estimates illustrate how larger loans significantly impact budget planning.

Mortgages

The Close

MAY 5, 2025

The best real estate bank should do more than just process transactions it should support your investment strategy with smart tools, transparent lending options, and banking features that make your day-to-day operations easier. The right financial partner can make a huge difference for real estate investors. Plus Business Checking: 2.7%

Banks

Norada Real Estate

JULY 2, 2025

Federal Reserve's Monetary Policy : The Federal Reserve influences mortgage rates through its setting of the federal funds rate, which affects how much banks charge each other for lending. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

Marco Santarelli

MAY 8, 2025

We all remember those days not too long ago when mortgage rates were surprisingly low, dipping below 3% for a 30-year fixed loan during the pandemic. The Fed's primary tool is the federal funds rate , which is the rate at which banks lend reserves to each other overnight. I know it can be frustrating. Trust me, I understand.

Mortgages