Housing Wire

MARCH 30, 2021

It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. Or, give up looking altogether.

Pre-qualification 433

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 433

Housing Wire

JANUARY 18, 2022

” Per the company’s website , it takes five minutes to receive a pre-qualification for a mortgage, though final approval is conditional on finishing the application and providing supporting documents. Milo said that it has originated millions of dollars in loans and has had applicants from over 63 countries. “As

Mortgages 477

Mortgages Pre-qualification Pre-approval Lending 477

Housing Wire

MAY 12, 2022

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. This is not an Amazon order.

Lending 370

Lending Marketing Pre-qualification Pre-approval 370

Housing Wire

AUGUST 31, 2020

Even as lenders make significant investments in new technology and digital infrastructure, they continue to struggle with increasing costs per loan and time-to-close metrics. And it’s Day 1 Certainty approved.”. But we don’t. PRODUCT: AutomatIQ Borrower.

Pre-qualification 278

Pre-qualification Pre-approval Loan Officer Loans 278

Redfin

JULY 11, 2023

A mortgage is a loan specifically designed for purchasing a property, commonly a home. In the event that the borrower fails to repay the loan, the lender has the right to take possession of the property through a legal process known as foreclosure. What is a mortgage? How does a mortgage work? What is PMI, and when is it required?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Boom Town

OCTOBER 1, 2018

This may be difficult to do on your own, but if you are partnered with real estate technology, you may have the ability to verify your leads before they enter your database. Qualification questions are also an option, so you can get some qualifying information from your leads right out of the gate. ” etc.

Pre-qualification 40

Pre-qualification Pre-approval Technology Closing 40

HomeLight

MARCH 17, 2021

Your debts include student loans, car loans, child support payments, and credit card bills, plus your mortgage. Paying off some loans before you start house-hunting can help you to qualify for a bigger home loan. Pre-qualification is just an estimate of what size loan you might qualify for.

Pre-approval 98

Pre-approval Purchase and sale agreement Title Closing 98