The Mortgage Report

AUGUST 1, 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? Check your renovation loan options. How Much Home Can I Afford?

Renovation

Rochester Real Estate

NOVEMBER 5, 2015

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? Happy house hunting! NOPE, this is a c ommon mortgage myth !

Finance

Housing Wire

MAY 7, 2025

She was a responsible borrower but made a mistake: she had lost track of her student loan payments and was 60 days late. The client, who logged into her student loan portal and made a payment, is now in limbo about whether a new credit report needs to be pulled in her 90-day escrow, the loan officer at Guild Mortgage told HousingWire.

Loans

Housing Wire

OCTOBER 6, 2020

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. Borrowers were not comfortable turning over their credentials to loan officers or processors. In other cases, the loan officers didn’t trust the technology.

Technology

HomeLight

AUGUST 16, 2021

These classes may be available online or in-person, and you will need to supply a certificate of completion to your loan officer. Step 5: Get preapproved for your loan. Get preapproved for a loan at this stage. At this stage, you should already be preapproved. Source: (Sean Locke Photography / ShutterStock).

Loans

The Close

DECEMBER 29, 2022

Jumbo loans generally require stricter qualifications, higher credit scores, and higher income and/or cash reserves. Loan officer. Pre-approval. However, your clients need to know the difference between pre-approval and prequalification (see below). The limit is based on local median home values.

Purchase and sale agreement