Loans Marketing Principal Seller concession 
Housing Wire
JANUARY 11, 2023
Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. . ” Gano’s experiences reflect what happened in the market overall.
Housing Wire
JANUARY 17, 2024
1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Consumers who are introduced to the HECM for Purchase loan option are often skeptical at best, with many thinking it’s too good to be true.
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Housing Wire
NOVEMBER 7, 2023
FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. points from the 7.5%
Housing Wire
MARCH 6, 2024
Despite feelings of optimism expressed by loan originators in the opening weeks of 2024, the road to more normalized levels of reverse mortgage volume and securities issuances may be longer than expected. They also shared the progress they have made in building up loan pipelines, especially compared to the end of last year.
Housing Wire
SEPTEMBER 16, 2022
Rocket Mortgage and its wholesale arm Rocket Pro TPO will reduce homebuyers’ monthly mortgage payments by one full percentage point for the first year of their loan. UWM announced that its temporary rate buydowns – fueled by seller concessions – would reduce borrowers’ interest rates by up to 2% for the first two years of a mortgage.
HomeLight
APRIL 29, 2021
We’ll break down seller closing costs with insight from Peggy Centrella , a top Delaware real estate agent ranked in the top 5% of real estate agents in her market area. Loan payoff amount. Loan payoff includes the remaining principal and interest owed up until closing. Seller concessions.
HomeLight
OCTOBER 30, 2020
If you list too late in the foreclosure process, you won’t have time to prep the house, and you’ll have to list at a lower than market value price just to get it to sell in time to beat the foreclosure clock. Get your house on the market so you have the time to sell at a fair price.”. You’re not alone in facing foreclosure.
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